fbpx

Appraisement Clause

2,608

Search Knowledge Base by Keyword

You are here:
< Back

APPRAISEMENT CLAUSE

If the aggregate claim for any one loss does not exceed Rp. ………. or five percent (5%) of the sum insured whichever is the lesser amount of the item or items affected no special inventory or appraisement of the undamaged property shall be required. If two or more buildings be included in a single item, this provision shall apply to the range of buildings and/or contents by the items affected.

Comments are closed.