Glossary entry

English term or phrase:

contribution clause

Polish translation:

klauzula koasekuracyjna

Added to glossary by Adam Lankamer
Feb 18, 2005 09:02
19 yrs ago
1 viewer *
English term

contribution clause

English to Polish Bus/Financial Insurance
This Extension also covers such expenses as are necessarily incurred for the purpose of reducing loss under this Extension and, in respect of Manufacturing Risks, such expense, in excess of normal, as would necessarily be incurred in replacing any finished stock used by the Assured to reduce loss under this Extension; but in no event to exceed the amount by which loss under this Extension is thereby reduced. Such expenses shall not be subject to the application of any contribution clause.
Proposed translations (Polish)
3 +1 klauzula koasekuracyjna

Proposed translations

+1
9 mins
Selected

klauzula koasekuracyjna

inaczej zwana 'coinsurance clause'
Dictionary of Insurance Terms - Barron's Business Guides
Black's Law Dictionary

Peer comment(s):

agree Elzbieta Pulawska
14 mins
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4 KudoZ points awarded for this answer. Comment: "dzięki"
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