Agreed amount clause - How To Discuss

Agreed amount clause,

Definition of Agreed amount clause:

1. This arrangement is typically available for commercial and other properties.

2. A clause that stipulates that the amount of insurance will automatically meet the coinsurance clause.

3. The agreed amount clause is a property insurance provision through which the insurer agrees to waive the coinsurance requirement. Insurers will require a statement of property values–signed by the policyholder–as a condition for activating or including an agreed value provision in a policy.

How to use Agreed amount clause in a sentence?

1. Calculation of actual cash value is calculated by subtracting depreciation costs from replacement costs, with depreciation determined by establishing an expected lifetime and determining the remaining percentage of life.
2. The value listed on the statement will become the basis from which policy coverage is determined.
3. The agreed amount clause is a property insurance provision through which the insurer agrees to waive the coinsurance requirement.
4. The agreed amount clause requires a signed statement of values or actual cash value; this statement details the value of the insured property.

Agreed Amount Clause,

How Do You Define Agreed Amount Clause?

You can define Agreed Amount Clause as, Synonyms see key terms agreed upon in the Capital Protection Agreement or Option.

Old name of approved value option. (For a unanimous definition of the price option, see below).

Meaning of Agreed Amount Clause: A provision in fire insurance where the policyholder agrees to purchase the sum insured (usually 80-90% or more) fixed by the company and in return the company ignores the requirements of the Six Insurance clause. Is. (See ■■■■■ insurance)

Literal Meanings of Agreed Amount Clause

Agreed:

Meanings of Agreed:

1. Discussed or negotiated, and then accepted by all parties.

Sentences of Agreed

1. Agreed time

Synonyms of Agreed

prescribed, determined, chosen, worked out, ordained, designated, clinched, agreed, established, allotted, resolved, decreed, concluded, settled

Amount:

Meanings of Amount:

1. A set of items, especially a combination of one or more items in number, size, price or scope.

2. When adding (amount)

Sentences of Amount

1. A lot of people like sports

2. Total loss of over 10 million

Synonyms of Amount

quantity, represent, make, load, add up to, come to, group, weight, aggregate, total, volume, bulk, be equal to, count as, be, equal, be equivalent to, consignment, size, sum, mass, run to, number, quota

Clause:

Meanings of Clause:

1. The grammatical organizational unit, which is located directly below the sentence in the line, must include an essay and a preposition in traditional grammar.

2. Articles, terms or conditions are specific and separate from an agreement, bill or agreement.

Sentences of Clause

1. Of the above sentences, both sentences are connected to a chain of sentences without any structure.

2. Agreements usually contain a provision of an electoral law that determines the applicable law.

Synonyms of Clause

passage, construction, phrasal idiom, paragraph, article, part, item, subsection, idiomatic expression, clause, note, term, group of words, word group, turn of phrase, wording, section, point, locution, idiom, heading, set phrase, phrasal verb, expression

Agreed Amount Clause,

How To Define Agreed Amount Clause?

Synonyms see key terms agreed upon in the Capital Preservation Agreement or option.

Old name of approved value option. (For a definition of the agreed price option, see below).

Agreed Amount Clause can be defined as, A clause in the policy under which the policyholder agrees to purchase the sum insured (usually 80-90% or more of its value) fixed by the company and in return the company coin insures the clause. Terms waive. (See ■■■■■ Insurance).

Literal Meanings of Agreed Amount Clause

Agreed:

Meanings of Agreed:

1. There was talk or negotiation and then all parties accepted it.

2. There is the same opinion about something right.

3. "We will do what someone else has suggested," he said.

4. Compatibility with.

5. (Food, conditions, etc.) is healthy or suitable for (one person).

Sentences of Agreed

1. Date agreed

2. I totally agree with your last edit.

3. She agreed to go to the movies with him.

4. Your body language does not match what you say.

5. He eats something he doesn't like.

Synonyms of Agreed

give one's approval to, be in agreement, acquiesce in, be parallel, be as one man, suit, go along with, sympathize, grant, allow, accord, be healthy for, fit, approve (of), say yes to, accede, match up, own, be in sympathy, be acceptable to, conform, match, tally, be good for, be in harmony, recognize, be of the same mind/opinion, acknowledge, dovetail, be consonant

Amount:

Meanings of Amount:

1. A set of objects, especially a combination of one or more objects in number, size, value, or scope.

2. Become (money) when they are added.

Sentences of Amount

1. Sport is a great pleasure for many people.

2. Total loss over £ 10 million.

Synonyms of Amount

dose, tot up to, proportion, quantum, dosage, portion

Clause:

Meanings of Clause:

1. The grammatical organization unit, which is located just below the sentence in the line and should have a subject and a prediction in traditional grammar.

2. Articles, terms or conditions specified in the agreement, law or agreement.

Synonyms of Clause

rider, condition, requirement, provision, specification, proviso, stipulation

Agreed Amount Clause,

What is Agreed Amount Clause?

1. Definition of Agreed Amount Clause: Old name of approved value option. (See definitions of approved value options below).

2. A clause in the policy under which the policyholder agrees to purchase the sum insured (usually 80-90% or more of its value) fixed by the company and in return the terms of the company skin insurance clause Withdraws from (See ■■■■■ Insurance).

Literal Meanings of Agreed Amount Clause

Agreed:

Meanings of Agreed:

1. Negotiated or negotiated and then accepted by all parties.

2. There is only one opinion about something.

3. Said we will do something suggested by someone else.

4. (Food, conditions, etc.) is healthy or suitable for (someone).

Sentences of Agreed

1. I totally agree with your last post.

2. Your body language doesn't match what you say

Synonyms of Agreed

coincide, assent, give something the nod, harmonize, correspond, be united, square, correlate, comply with, be congruous, concur, equate, admit, confess, chime, undertake, see eye to eye, concede, be in tune, consent, be agreeable to, be consistent, be compatible

Clause:

Meanings of Clause:

1. The organizational unit of grammar, which is located just below the sentence in the line, and traditional grammar should consist of an article and a prediction.

2. Articles, terms or conditions that are set out and separate from an agreement, law or agreement.