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14 Results for Tag: clauses

Hedge Clause

Hedge Clause What is 'Hedge Clause' A provision included in published financial reports that indemnifies the author, or authors, against any responsibility for any errors, omissions, or ov

Abandonment Clause

Abandonment Clause What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost or damaged property

Cancellation Provision Clause

Cancellation Provision Clause What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to cancel a property and casu

Waiver Of Coinsurance Clause

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company will not require application of the part of the policy

Water Exclusion Clause

Water Exclusion Clause What is 'Water Exclusion Clause ' A restriction in a homeowner's or renter's insurance policy that denies coverage for certain water-related claims. Types of water

Water Damage Clause

Water Damage Clause What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered for water damage that occurs

War Exclusion Clause

War Exclusion Clause What is 'War Exclusion Clause' A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion, insurrection, revolution, military

Warehouse-To-Warehouse Clause

Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit. A warehouse-to-warehouse clause usua

Waiver Of Inventory Clause

Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the insurance company will not require the policyholder to provide a writte

De-Escalation Clause

De-Escalation Clause What is 'De-Escalation Clause' An article in a contract that calls for a price decrease if there is a decrease in certain costs. For example, a de-escalation clause ma
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