Mar 6, 2008 11:30
16 yrs ago
English term

missing part?

English Bus/Financial Insurance
In the event the aggregate claim for loss does not exceed five percent (5%) of the total amount of insurance ***each item upon property damaged insured hereunder*** at the time such loss occurs, no special inventory or appraisement of the undamaged property shall be required.

Is there anything missing from the part marked with asterisks? Many thanks in advance!

Responses

+6
32 mins
Selected

comma and the word "for"

This is what I think it should be:
In the event the aggregate claim for loss does not exceed five percent (5%) of the total amount of insurance, for each item upon property damaged insured hereunder at the time such loss occurs, no special inventory or appraisement of the undamaged property shall be required.
That makes sense.
Peer comment(s):

agree Nesrin : That makes sense I think. Arkadi has my full sympathy!
6 mins
Thank you. Mine too!
agree Romina Fiorella : sounds right!
17 mins
Thank you.
agree Vicky Nash
32 mins
Thank you.
agree ADELLEBJ
2 hrs
Thank you.
agree PoveyTrans (X) : Yes - getting the hang of your GIGO principle, seems like it applies here, at least the GI bit.
6 hrs
Thank you. Yes, it looks that way to me too.
agree V_Nedkov
1 day 4 hrs
Thank you.
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4 KudoZ points awarded for this answer. Comment: "Thank you"
33 mins

см.

each item upon property damaged я бы заменил, ну например, на upon each damaged item of property

Примеры аналогичных текстов:

If the aggregate claim for any one loss does not exceed USD 100 000,00 or five percent (5%) of the sum insured by the item or items affected (whichever may be the less) no special inventory or appraisement of the undamaged property shall be required.
http://alterisk.livejournal.com/tag/clause


If the aggregate claim for any one loss does not exceed RM5,000 or 5% of the sum insured whichever is the lesser amount by the item or items affected no special inventory or appraisement of the undamaged property shall be required
http://www.axa.com.my/wordings/PW_SHEssential.pdf
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57 mins

Claim

In the event the aggregate claim for loss, does not exceed five percent (5%) of the total amount of the insurance claim. Each item of property damaged, insured hereunder claimed for at the time such loss occurs, no special inventory or appraisement of the undamaged property shall be required.

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Note added at 59 mins (2008-03-06 12:29:49 GMT)
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I have a insurance claim form here and it is nearly identical.
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