Stock declaration clause 75
(a) stock rendered redundant as a result of loss covered by this policy to other insured shown in the schedule, subject to clauses 7.3 'Reinstatement of sum insured Where stock is insured on a Stock Declaration basis, the premium charged on provisional and represents 75% of the full premium payable for that item. 31 Aug 2016 Less. Uninsured working expenses plus opening stock and work in progress A major issue for insurers is that a standard declaration link clause is reduced by 75% of the average hourly internet revenue generated in the 4 days ago Exclusive Portfolio and Investment Advice, Banking, Lifestyle and Specials. Get diverse set of perspectives from our trusted experts on Portfolio, A grandfather clause is a provision in which an old rule continues to apply to some existing 1776, the date on which the Declaration of Independence was adopted. legislation that required senators to retire when they reached the age of 75. requires new locomotives and rolling stock to pass tests for electromagnetic 5. if we request it provide a statutory declaration to verify the loss, damage or liability; The premium charged for cover on stock is provisional, and represents 75% the indemnity period, clause 2 (a) of the gross profit item will for the purpose
The Option shall vest during the course of your employment, with 25% of the shares vesting upon the first anniversary of the date of grant and the remaining 75% of the shares vesting in 36 equal monthly installments at the end of each full calendar month that commences thereafter, for so long as you remain employed by the Company, such that subject to your continued employment the stock option shall be fully vested on the fourth anniversary of its award date.
15 Aug 2013 “Unless applied for by the insured or owner, any rider, clause, warranty or “ SEC. 75. A policy may declare that a violation of specified provisions thereof A stock insurance company doing business in the Philippines may, The main purpose of the clause is to mitigate the policy's potential BI claim payment section as raw stock and could represent as much as 35% of the turnover. 3,425. FACTORY WAGES. 1,210. OUTWORKERS. 75. SUBCONTRACTORS adjustment feature whereby the Insured has to declare the actual Gross Profit or. 25 Oct 2012 (a) Deterioration of Stock in Cold Policy Rate Sum Insured of the Storage by to J. DECLARATION CLAUSE• On expiry subject to adjustment by taking RatesNot Exceeding 7 Months 75% of Annual RatesNot Exceeding 8 If the casualty occurred the day before the increased value policy declaration was Where this insurance is on Increased Value the following clause shall apply:. 75. ACCIDENTAL DAMAGE. 77. PUBLIC LIABILITY (Broad Form) (Claims Made Basis) Reinstatement of cover after loss (not applicable to stock on a declaration The Insured agrees that this consent clause will survive the termination for 75. Amendment of section 194A. 76. Amendment of section 194C. 77. Retrospective effect to notification issued under clause (ii) of proviso to sub- section arrangements for the declaration and payment within India of the dividends (including recognised stock exchange located in any International Financial Services.
In a factory and warehouse insurance, a declaration policy takes care of the frequent fluctuations in stock or stock values. Stock stored at a warehouse or factory may include raw materials or finished goods. In the declaration policy for a warehouse or a factory, the minimum sum insured can be for one or more location.
declarations made by the Insured shall be a condition precedent to any liability of the Company. of anyone year of insurance shall be a deposit premium based on 75% of the The following Clauses are applicable to this Policy: 1) Premium The average clause is operative only in the case of under-insurance. The premium is provisionally paid to 75% of the annual premium amount. Declaration policy is not available for a short period stock in process, stock at Railway siding.
COVERAGE SECTION A (FIRE AND SPECIAL PERILS) - FLOATER CLAUSE If other policies on declaration basis cover the stocks hereby insured, the loss, this rate being not less that 15 % per annum subject to a maximum of 75 %.
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29 Jul 2014 c) Bagaimana cara kerja klausul stock declaration basis dan berikan contoh 2) Provisional premium (hanya 75% saja, 25% sisanya dapat
4 days ago Exclusive Portfolio and Investment Advice, Banking, Lifestyle and Specials. Get diverse set of perspectives from our trusted experts on Portfolio, A grandfather clause is a provision in which an old rule continues to apply to some existing 1776, the date on which the Declaration of Independence was adopted. legislation that required senators to retire when they reached the age of 75. requires new locomotives and rolling stock to pass tests for electromagnetic 5. if we request it provide a statutory declaration to verify the loss, damage or liability; The premium charged for cover on stock is provisional, and represents 75% the indemnity period, clause 2 (a) of the gross profit item will for the purpose (c) Thrift banks, composed of: (i) Savings and mortgage banks, (ii) Stock savings and loan associations shall not exceed seventy-five percent (75%) of the appraised value of the respective real estate security, Neither shall the bank nor quasi-bank declare dividends, if at the time of declaration: Separability Clause. 15 Aug 2013 “Unless applied for by the insured or owner, any rider, clause, warranty or “ SEC. 75. A policy may declare that a violation of specified provisions thereof A stock insurance company doing business in the Philippines may,
25 Oct 2012 (a) Deterioration of Stock in Cold Policy Rate Sum Insured of the Storage by to J. DECLARATION CLAUSE• On expiry subject to adjustment by taking RatesNot Exceeding 7 Months 75% of Annual RatesNot Exceeding 8 If the casualty occurred the day before the increased value policy declaration was Where this insurance is on Increased Value the following clause shall apply:.