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    72 Hours Clause

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    Rizwan
    This document outlines the 72 hours clause for earthquakes and floods. For earthquakes, any shocks within a 72 hour period would be considered a single claim. Similarly, for floods, any losses within a 72 hour period would be deemed a single loss under the limits of liability. The policy also covers losses from earthquakes or floods for up to 72 hours after the expiration of the policy if the event began before expiration.

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    72 Hours Clause

    Uploaded by

    Rizwan
    123 views1 page
    This document outlines the 72 hours clause for earthquakes and floods. For earthquakes, any shocks within a 72 hour period would be considered a single claim. Similarly, for floods, any losses within a 72 hour period would be deemed a single loss under the limits of liability. The policy also covers losses from earthquakes or floods for up to 72 hours after the expiration of the policy if the event began before expiration.

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    This document outlines the 72 hours clause for earthquakes and floods. For earthquakes, any shocks within a 72 hour period would be considered a single claim. Similarly, for floods, any losses within a 72 hour period would be deemed a single loss under the limits of liability. The policy also covers losses from earthquakes or floods for up to 72 hours after the expiration of the policy if the event began before expiration.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC or read online from Scribd
    Flag for inappropriate content
    Download as doc
    123 views1 page

    72 Hours Clause

    Uploaded by

    Rizwan
    This document outlines the 72 hours clause for earthquakes and floods. For earthquakes, any shocks within a 72 hour period would be considered a single claim. Similarly, for floods, any losses within a 72 hour period would be deemed a single loss under the limits of liability. The policy also covers losses from earthquakes or floods for up to 72 hours after the expiration of the policy if the event began before expiration.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC or read online from Scribd
    Flag for inappropriate content
    Download as doc
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    72 HOURS CLAUSE

    It is hereby declared and agreed that in respect of:

    Earthquake, each loss by earthquake shall constitute a single claim hereunder, provided,
    if more than one earthquake shock shall occur within any period of seventy two (72)
    hours during the terms of this policy, such earthquake shall be deemed to be a single
    earthquake within the meaning hereof. The Company shall not be liable for any loss
    caused by any earthquake occurring before the effective date and time of this policy;
    however, underwriters will be liable for any losses occurring for a period of up to seventy
    two (72) hours after the expiration of this policy provided that the first earthquake shock
    or damage occurs prior to the date and time of the expiration of this policy.

    Flood, with respect to the perils of flood, any and all losses from this cause within a
    seventy two (72) hour period shall be deemed to be one loss in-so-far as the limit of
    liability and deductible provisions of this contract are concerned. The Company shall not
    be liable for any loss caused by flood occurring before the effective date and time of this
    policy; however, underwriters will be liable for any losses occurring for a period of up to
    seventy two (72) hours after the expiration of this policy provided that the first flood
    damage occurs prior to the date and time of the expiration of this policy.

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