Pro rata liability clause,

Definition of Pro rata liability clause:

  1. A clause stipulating that any loss will be paid proportionally, according to the amount of coverage it provides in relation to the total amount of coverage provided by all policies taken on the same risk.

Meaning of Pro rata liability clause & Pro rata liability clause Definition

Pro Rata Liability Clause,

Pro Rata Liability Clause Definition:

  • A pro-regulatory liability clause is a clause in an insurance policy that requires the insurance company to cover only a portion of the claim if the policyholder has another policy from another company with the same risk. If the insurance company pays that percentage, another company pays the balance.

Literal Meanings of Pro Rata Liability Clause

Pro:

Meanings of Pro:

  1. A professional, especially in sports.

  2. In a professional manner (of a person or event).

  3. For the benefit of

  4. An argument for benefit or something.

  5. Head of Public Relations.

  6. Office of the Public Archives.

Sentences of Pro

  1. Professional golfer

  2. You are unique

  3. Pros and cons of ■■■■■ ownership

Synonyms of Pro

all for, added advantage, beauty, paid player, benefit, dividend, attraction, perk, extra, asset, added extra, approving of, bonus, additional benefit, fringe benefit, pro, right behind, advantage, encouraging of, attractive feature, plus point, in favour, approving

Rata:

Meanings of Rata:

  1. New Zealand's largest family tree is a sender with purple flowers and redwood.

Sentences of Rata

  1. It's too early to see the rats open, but words are blooming everywhere.

Liability:

Meanings of Liability:

  1. The state of being responsible for something, especially in accordance with the law.

  2. A person or thing whose presence or behavior may embarrass or harm someone.

Sentences of Liability

  1. Lume l of partners. There are innumerable responsibilities that they understand

  2. Became a political loss

Synonyms of Liability

burden, accountability, inconvenience, nuisance, responsibility, legal responsibility, answerability, hindrance, handicap, encumbrance

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. In each of the above sentences, the two sentences are connected by a series of sentences without a sentence.

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

Synonyms of Clause

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

Pro Rata Liability Clause,

What is Pro Rata Liability Clause?

  1. The proposed clause is a common thread of insurance policies that oblige the insurer to cover only one percent of the claim, if the insured has another policy with another company with the same risk. If the insurance company pays that percentage, the other company pays the rest.

Literal Meanings of Pro Rata Liability Clause

Pro:

Meanings of Pro:

  1. Professionals, especially in the field of sports.

  2. A whore.

  3. (Of a person or event) in a professional manner.

  4. Benefit or argument for something.

  5. Support Support.

  6. Work as an alternative or substitute.

  7. Indicates forward, outward, or outward movement.

  8. In the first time, place, setting, etc.

  9. Office of Public Archives.

  10. Director of Public Relations

Sentences of Pro

  1. A tennis pro

  2. Advantages and disadvantages of stock ownership

  3. Pro-choice

  4. Personal

  5. to be continued.

Rata:

Meanings of Rata:

  1. A large New Zealand family tree with purple flowers and hard red wood.

Liability:

Meanings of Liability:

  1. The state of being legally responsible for something.

  2. Someone or something whose presence or behavior harms someone.

Sentences of Liability

  1. As soon as you contact the card protection system, you will no longer be liable for damages.

  2. He said that the party has become an obstacle in green politics.

Synonyms of Liability

blameworthiness, albatross, cross, drawback, fault, disbenefit, weak spot/point, cumber, Achilles heel, drag, disadvantage, impediment, minus, guilt, obstacle, incrimination, stumbling block, weakness, problem, culpability, blame, cross to bear, fly in the ointment, shortcoming, millstone round one's neck, the rap

Clause:

Meanings of Clause:

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

  2. Articles, terms or conditions that are defined and separate from an agreement, law or contract.

Synonyms of Clause

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