PAYMENT ON ACCOUNT CLAUSE (25%)
- Sunday, December 18, 2016, 14:10
- P-Clauses
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It is hereby declared and agreed that progress payment on account of any loss recoverable under this policy will be made to the Insured at such stage as may be mutually agreed upon if desired by the Insured and on production of an interim report by the loss adjuster (if appointed) provided that such payment are deducted from finally agreed claim settlement figure.
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