Notices. Every notice and other communication to the Insurer required by these conditions must be written or printed.
Time Limit For Insurer’s Liability. In no case whatever shall the Insurer be liable for any loss or damage after the expiration of twelve months from the happening of the loss or damage unless the claim is the subject of…
Misdescription. This Policy shall be void if the Insured has concealed or misrepresented any material fact or circumstances concerning this insurance or the subject thereof or in any case of any fraud, attempted fraud or false swearing by the Insured…
Cancellation Of The Insurance. The insurance may be terminated at any time at the request of the Insured, in which case the Insurer will retain the customary short period rate for the time the Policy has been in force.
Assignment. The assignment of this Policy, or this subrogation of any right hereunder to any party without the written consent of the Insurer, shall render this insurance null and void.
AVERAGE (CO-INSURANCE). If the property hereby insured shall, on the happening of any loss or damage be collectively of greater value than the sum insured thereon, then the Insured shall be considered as being his own Insurer for the difference,…
VALUATION. Unless otherwise specifically stated herein, this Insurer shall not be liable beyond the actual cash value of the property at any time any loss or damage occurs, and in no event for an amount in excess of that specified…
MACHINERY. In case of loss or damage from perils insured against to any part of a machine, consisting when complete for sale or use of several parts, this Insurer shall be liable only for the insured Value of the part…
REDUCING CLAUSE. Loss incurred hereunder shall reduce the amount of insurance on the property lost or damaged by the amount of the loss until the said amount be made good by additional insurance with pro rata additional premium paid therefore.
