 This Company shall not be liable for a greater proportion of any loss than the amount hereby insured shall bear to the whole insurance covering the property against the peril involved, whether collectible or not.  Walsh's Business Arithmetic - Page 455by John Henry Walsh - 1919 - 496 pagesFull view - About this book
 | Insurance law - 1897 - 1548 pages
...conducted for the prohibited purpose. Same — Contribution Clause: Provision In a policy that an Insurance company shall not be liable for a greater proportion "of any loss than the amount the policy bore to the whole insurance, does not avail the company where the value... | |
 | Insurance law - 1916 - 732 pages
...identical in its provisions in that respect to the other policies. These provisions are as follows : — "This company shall not be liable for a greater proportion...described herein than the sum hereby insured bears to one hundred per centum (100%) of the actual cash value of said property at the time such loss shall... | |
 | Insurance law - 1921 - 718 pages
...agreement in writing added hereto." Lines 101 to 105, inclusive, are as follows: •'Fro Rata Liability. This company shall not be liable for a greater proportion of any loss or damage than the amount hereby insured shall bear to the whole insurance covering the property, whether valid... | |
 | Insurance law - 1912 - 878 pages
...policy ; but the first company had no notice of the last policy. The last policy contained a clause : "This company shall not be liable for a greater proportion of any loss than the amount hereby insured bears to the whole insurance, whether valid or not." The defendant company... | |
 | Insurance law - 1896 - 1018 pages
...this discussion. The result is that, under a clause in a policy of insurance which provides that the company shall not be liable for a greater proportion of any loss on the property described therein than that which the amount insured thereby shall bear to the whole... | |
 | Insurance law - 1915 - 834 pages
...amount not exceeding $1,500 and containing a standard average clause, providing that the insurer should not be liable for a greater proportion of any loss or damage than the sum thereby insured bore to 80 per cent of the actual cash value of the property at the time... | |
 | North Carolina - Session laws - 1915 - 564 pages
...state that said excess premium (if not tendered) will be refunded on demand. Pro rata liability. — This company shall not be liable for a greater proportion of any loss or damage than the amount hereby insured shall bear to the whole insurance covering the property, whether valid... | |
 | United States. Congress. Senate. Committee on the Judiciary - Insurance - 1943 - 670 pages
...distribution, shall be deleted and the following apportionment clause substituted-' . APPORTIONMENT CLAUSE This company shall not be liable for a greater proportion of any loss or damage from any peril or perils included in this endorsement than the proportion this company would assume... | |
 | United States. Congress. Senate. Committee on the Judiciary - Insurance - 1943 - 904 pages
...Reductions in amount of insurance under Form 5 must be on a short-rate basis. APPORTIONMENT CLAUSE iis company shall not be liable for a greater proportion of any loss or damage any peril or perils included in this endorsement than the proportion this wiy would assume under the... | |
 | Virginia - Law - 1944 - 314 pages
...and obligations of such mortgagee may be added hereto by agreement in writing. Pro Rata Liability. This Company shall not be liable for a greater proportion of any loss than the amount hereby insured shall bear to the whole insurance covering the property against the... | |
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