Insurance Clause

  • 2 Posts
  • 1 Sections
  • 1 Types
August 25, 2024 4 min read Definitions
Pro Rata Distribution Clause: Proportionate Coverage in Property Insurance
Insurance Finance Pro Rata Distribution Property Insurance Coverage Proportionate Coverage Insurance Clause
A provision in many property insurance policies that automatically distributes coverage over insured property at various locations in proportion to their value.
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August 24, 2024 3 min read Definitions
Waiver of Premium for Payer Benefit: Definition, Value, and Examples
Insurance Finance Insurance Clause Premium Waiver Payer Benefit Policy Maintenance Financial Protection
An in-depth exploration of the Waiver of Premium for Payer Benefit clause in insurance policies, detailing its definition, value, and practical examples.
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