Posts Tagged ‘AVERAGE RELIEF CLAUSE (EVET)’

AVERAGE RELIEF CLAUSE (EVET)

Each item insured under this memorandum is declared to be separately subject to the following condition of average, namely: If at the time of reinstatement the sum representing eighty five (85) percent of the cost which would have been incurred in reinstatement of the whole of the property covered by such item had been destroyed exceeds the sum ... Full story
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