A clause that states that the amount of insurance will automatically meet the coinsurance clause.
Related information about agreed amount clause:
- Agreed Amount Clause Definition | Investopedia
A property insurance provision in which the insurer agrees to waive the co- insurance requirement. To obtain an agreed amount clause, insurers require a ...
- agreed amount clause - Insurance Glossary
agreed amount clause - Agreed value coverage option or provision.
- Agreed Amount Clause: Definition from Answers.com
Agreed Amount Clause In property insurance , a stipulated agreement between the insurance company and the insured that the amount of insurance coverage.
- Agreed Amount Clause - Financial Dictionary - The Free Dictionary
A clause in a property insurance contract stating that if an insured event occurs, the insurance company will pay either the amount to repair or replace the ...
- What is agreed amount clause? - BusinessDictionary.com
Definition of agreed amount clause: A clause that stipulates that the amount of insurance will automatically meet the coinsurance clause.
- agreed amount clause
[A135]. agreed amount clause. A condition of a policy stating that the insurer agrees to waive the coinsurance requirement in consideration of the insured's ...
- What is AGREED AMOUNT CLAUSE? - The Law Dictionary
Definition of AGREED AMOUNT CLAUSE: A rule that states insurance and coinsurance must be the same amount.
- What is agreed amount clause? - InvestorWords.com
Definition of agreed amount clause: A clause that states that the amount of insurance will automatically meet the coinsurance clause.