insuropedia

Insurance Policy Extract - Mark IV ISR Policy - Basis Of Settlement On Additional Increase In Cost Of Working

Item no. 4

The insurance under this item is limited to increase in cost of working (not otherwise recoverable hereunder) necessarily and reasonably incurred during the Indemnity Period in consequence of the Damage for the purpose of avoiding or diminishing reduction in Turnover and/or resuming and /or maintaining normal business operations and/or services.


Insurance Policy

Country: - Australia

Policy Description: - Mark IV Industrial Special Risks (ISR) policy

Insurer: - Various


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Last Modified 2007-07-03