Lawzonline.com

 

 

 


 Home>>Bare Acts>>Back to Index

 

 

68. Total loss.- Subject to the provisions of this Act, and to any express provision in the policy, where there is a total loss of the subject-matter insured-

(1) if the policy be a valued policy, the measure of indemnity is the sum fixed by the policy;

(2) If the policy be an unvalued policy, the measures of indemnity is the insurable value of the subject-matter insured.

 

 

 

 

Central Bare Acts
State Bare Acts

  

 

 

 


Home | Law Dictionary | Law Schools | Law Digest | Bare Acts | Disclaimer |  Privacy Policy


  
  
 

 

 

Copy right : Indu Info (All rights reserved)