Please click on the below link:
willisgroupservices.com/PROD2LZ/lz.aspx?p1=05063702S2497&CC=&p=0
Please click on the below link:
willisgroupservices.com/PROD2LZ/lz.aspx?p1=05063702S2497&CC=&p=0
(1) In property insurance, a clause under which the Insured shares in losses to the extent that he is underinsured at the time of loss; (2) Where two or more Insurers each have part of the risk under a single insurance policy.