High net worth insurance broker Lumley St Aubyn high net worth insurance services
  • Increase font size
  • Default font size
  • Decrease font size
Home A Average Clause

Average Clause

E-mail Print PDF

If an average clause applies to your policy and your property is under-insured, the insurer may –  in the event of a claim – reduce the amount of the settlement in a way that reflects the under-insurance.

Last Updated on Thursday, 19 November 2009 11:36  

About this Site

This site is sponsored by Lumley St Aubyn Insurance Services, one of the country's leading specialists in high value home and contents insurance.