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What is agreed value in insurance?


Asked By: Ira Dube



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4 Answer(s) Available

Colour Technologist Ibm Governance Customer Facing Sales Management Visakhapatnam India


The agreed value is based on the saleable value of the insured property. The insured cannot contest or alter the coverage amount, which is agreed upon by both insured and the insurer based on the value of the property.

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B.com from St. Xavier's College, Ranchi Business Planning Spelling Program Management R (Programming Language) Memphis United States


Business Income Coverage — As its name suggests, agreed value is a property value that you and your insurer agree upon at the beginning of your Understanding Agreed... · What's Coinsurance? · Timing of the Coinsurance...

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Internet/Social Media Enthusiast Service Delivery Financial Statements Milwaukee United States


Key Takeaways · The agreed amount clause is a property insurance provision through which the insurer agrees to waive the coinsurance

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Employment Interviewer Software Development Life Cycle Cpr Six Sigma Ranchi India


Agreed value is usually an optional coverage on a commercial property form that provides an amount that the insured and insurer agree the

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