The Insurance (Amendment) Regulations,2004.

$5,600,000 or 70% of your loss less any deductible stated in the policy example 3 where loss 1s cqual to value: should you have a total loss, that is, $10,000,000 then you will only receive the amount you insured the property for, that is, $7,000,000 le

1 of 2016 - The Insurance (Amendment) Act

$5,600,000 or 70% of your loss less any deductable stated in the policy. example 3: where loss is equal to value: should you have a total loss, that is, $10,000,000 then you will only receive the amount you insured the property for, that is, $7,000,000