10 ENGLISH BOOKS RELATING TO «AVERAGE CLAUSE»
Discover the use of
average clause in the following bibliographical selection. Books relating to
average clause and brief extracts from same to provide context of its use in English literature.
1
The
Average Clause. Hints on the Settlement of Claims for ...
Richard ATKINS (of the Sun Fire Office.) No policy to include both. No specific
policy, unless where the assured confines his business to one dock or place only.
In every case where the assured has more than one insurance, he should be ...
Richard ATKINS (of the Sun Fire Office.), 1866
S. John Gabriel. Illustration 10 Out of goods costing Rs. 1,00,000, 3A are
destroyed by fire. Find out the amount of claim under the following conditions. 1.
Sum insured Rs. 1,00,000 2. (i) Sum insured without average clause Rs. 80,000 (
ii) Sum ...
3
Elements of Banking and Insurance
The fire policy contains an average clause. The house is destroyed by fire and
the actual loss is estimated at Rs. 24 lakhs. How much can Mr. Bose recover by
way of compensation from the insurance company? Ans: In case of an average ...
4
Proceedings of the annual meeting of the Fire Underwriters' ...
He cannot recover more than his loss and amount of insurance applying in either
location under the average clause. Without the average clause he is entitled to
his full loss, no matter in which place it occurs, up to the full amount of the policy.
Fire Underwriters' Association of the Pacific, 1900
5
The Historian and the Business of Insurance
For most types of property it was not until the 1840s or even later that the '
average clause' was included in policies.” Under the 'average clause' the sum to
be paid for fire damage depended on the relationship of the sum insured to the
full ...
6
Cases and Materials on Marine Insurance Law
... significant should a policy contain a 'warranted free from particular average'
clause (sometimes referred to simply as the fpa clause), which is, in fact, an
exception clause and not a promissory 'warranty' in the true marine insurance
sense of ...
7
Accounting: For Ca Ipcc Exam
(a) Rate of gross profit of 2007 = 23.4375%; (b) Net claim - Rs 4,88, 1 62 (after
applying average clause); (c) Loss of stock after salvage = Rs 7,40,863. 2. (a)
Rate of gross profit of 2006 = 25%; (b) Rate of gross profit of 2007 = 18.1818%; ...
8
Adv Acctg Vol 2 (For Ca Pcc)
(a) Rate of gross profit of 2007 = 23.4375%; (b) Net claim - Rs 4,88,162 (after
applying average clause); (c) Loss of stock after salvage = Rs 7,40,863. 2. (a)
Rate of gross profit of 2006 = 25%; (b) Rate of gross profit of 2007 - 18.1818%; (c)
Net ...
9
Export-Import Theory, Practices, and Procedures
Free of particular average clause: This relieves the insurer of liability for partial
cargo losses, except for those caused by the stranding, sinking, burning, or
collision of the vessel with another. 3. The labels clause: In the case of damage to
...
Erdener Kaynak, Belay Seyoum, 2014
General-average clause. This provision has for its purpose the general outline of
the provisions under which general average shall be adjusted and settled. This
subject will be considered in Chapter 18 and need not be discussed at this point,
...
Carl E. McDowell, Helen M. Gibbs, 1999
10 NEWS ITEMS WHICH INCLUDE THE TERM «AVERAGE CLAUSE»
Find out what the national and international press are talking about and how the term
average clause is used in the context of the following news items.
Judgment summary - Crystal Imports Ltd v Certain Underwriters at …
"does the Average clause in the Policy limit the defendants' obligation to pay the plaintiff the full sum insured for the damage caused by the ... «Mondaq News Alerts, Feb 15»
The fine detail in the small print of farm insurance
Your policy will only cover 80% of the damage when the 'Average Clause' provision is applied, so be sure to value the property as accurately ... «Irish Independent, Jan 15»
Supreme Court finds no doctrine of merger in commercial property …
How this finding would apply to a policy containing an average clause was not considered and is perplexing, as these clauses reduce the ... «Mondaq News Alerts, Sep 14»
Yes, shop around for home insurance but here's how to get the best …
However, if your insurer applies the so-called “average clause”, which limits what you can claim if you're under-insured, this could get you into ... «Irish Times, Aug 14»
Has your home insurance gone through the roof? Then switch
Most companies apply the “average clause” in the case of underinsurance; for example, if the contents of a property are worth €40,000 but they ... «Irish Times, Jul 14»
How CEO Pay Incentives Could Pave the Way for Media Megadeals
The average clause commanded just under $30 million last year among the top 200 publicly traded companies in the U.S., according to a study ... «Variety, Jul 14»
Consumers 'may lose out' if homes are under-insured
A survey of eight insurers found this was because most of them were applying the so-called "average clause". This is a condition set by an ... «Irish Independent, Jul 14»
The ongoing debate concerning automatic reinstatment memoranda …
The second point concerned the application of the average clause in the MD wording as far as the damage caused by the February earthquake ... «Mondaq News Alerts, Mar 14»
Top 20 reasons your insurance claims get rejected
Most claims for contents cover are rejected on the basis of the average clause (See “General principles of insurance”) because policyholders ... «Independent Online, Aug 13»
Gold buyers at risk of being underinsured
"If you underinsure items on your policy, many insurers will invoke a condition of average clause which means you would only receive a ... «Telegraph.co.uk, Jul 12»
