M-Clauses150 Views
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In the event of loss of or damage to or destruction of the insured property due to a peril insured against under any Non-Marine Property Insurance being discovered after the risk has terminated under this insurance and after proper investigation it is not possible to ascertain whether the cause of such loss or damage happened prior to termination of the marine venture of subsequently it is understood and agreed that Insurers hereon shall subject to any applicable deductible contribute 50% of the property adjusted claim provided that the Insurers of the Non-Marine Property Insurance Policy also agree to contribute 50% of such claim such contribution to be without prejudice to subsequent final apportionment of the claim as may be agreed between Insurers hereon and the Insurers of the Non-Marine Property Insurance Policy.

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