MR 863 – Additional Expenditure other than Increase in Cost of Working

M-Clauses46 Views

It is agreed and understood that otherwise subject to the terms, exclu­sions, provisions and conditions contained in the Policy or endorsed thereon, this insurance shall be extended to cover additional expenditure as specified below, other than increased cost of working, which may be incurred during the indemnity period as a consequence of an indemni­fiable interruption of or interference with the business. The amount of in­demnity payable shall be limited to either

  1. a lump sum payment of

or

  1. a daily limit of

and subject to a deductible of 20 % of each claim, minimum

This cover is not subject to average.

Extra annual premium:

Specification of additional expenditure:

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