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What is lm7 wording insurance?

5 Answer(s) Available
Answer # 1 #

The Insured shall at the expense of the Company do and concur in doing and permit to be done all such acts and things as may be necessary or reasonably required by the Company for the purpose of enforcing any rights and remedies or of obtaining relief or indemnity from other parties to which the Company shall be or

[92]
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Zara Goyal
Former Doctor at All India Institute of Medical Sciences
Answer # 2 #

All Risks Insurance provides wider cover than a normal property insurance policy. It covers any loss or damage apart from exclusions stated in the policy and is

[4]
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Anika Guha
Photographer
Answer # 3 #

PROPERTY ALL RISKS INSURANCE POLICY WORDING. IN CONSIDERATION of the Insured named in the Schedule having paid or agreed to pay the

[4]
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Saanvi Trivedi
Studied at Lloyd Law College
Answer # 4 #

Coverage Our Property All Risks Policy covers against Physical loss or damage to the by any cause, not otherwise excluded under the standard LM7 wording.

[3]
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Ayaan Thakur
BTech Agricultural Engineering, Birsa Agricultural University
Answer # 5 #

BI All RISK LM7. INDUSTRIAL AND COMMERCIAL PROPERTY. CONSEQUENTIAL LOSS INSURANCE POLICY. In consideration of the Insured having paid or

[1]
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Reyansh Sahota
Title Examiner