Posts Tagged ‘AVERAGE RELIEF CLAUSE (85%)’

AVERAGE RELIEF CLAUSE (85%)

If at the time of reinstatement in the terms of the reinstatement value clause of this policy the sum representing 85 % (eighty per cent ) of the cost which would have been incurred in reinstatement, if the whole of the property covered by such item had been destroyed, exceeds the sum insured thereon at the breaking out of any fire ... Full story

AVERAGE RELIEF CLAUSE (85%)

AVERAGE RELIEF CLAUSE (85%) Whenever A Sum Insured is declared to be subject to the special condition of average, then, if such sum insured shall be at the breaking Full story
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