The Insurance (Amendment) Regulations,2004.

$7,000,000 and you suffer a loss from an insured peril, there are three possible scenarios depending on the size of the loss. the formula that is applied in each case is as set out below: sum insured x amount of the loss = amount recoverable value 1 l ex

06_2017 - The Property Tax (Amendment) Act

$7,000,000.00? (a) for the first $400,000.00 (b) for the next $400,000.00 (¢c) for the next $700,000.00 (d) for the next $1,500,000.00 (e) for the next $1,500,000.00 (f) for every dollar thereafter ... on property the unimproved value of which exceeds

1 of 2016 - The Insurance (Amendment) Act

$7,000,000 and you suffer a loss from an insured peril, there are three possible scenarios depending on the size of the ?loss. the formula that is applied in each case is set out below: sum insured x amount of the loss = amount recoverable value 1 1

1 of 2016 - The Insurance (Amendment) Act

$7,000,000 less any deductibles stated in the policy. under other circumstances where you under-insure, you may be entitled to the full amount of the insured loss if the sum insured is equal to or more than a specific percentage of the value, as stated i