Insurance conditions and reporting requirements. Surveyors day, 24 th October 2013. Sveinung Måkestad and Alf Inge Johannessen. All Risks vs. Named Perils. Conditions based on All Risks: Nordic Plan. German conditions. Conditions based on Named Perils: US conditions. UK conditions.
Insurance conditions and reporting requirements
Surveyors day, 24th October 2013.
Sveinung Måkestad and Alf Inge Johannessen
§ 12-10 – Survey of damage:
If repairs covered under this insurance are carried out simultaneously with work which is not covered under this insurance, but which:
the insurer shall pay compensation for half of the time common to both categories of repair in excess of the deductible period.