Full Premium if Lost Clause - Fortunes de mer

payment of a claim, the Company shall deduct the amount of the additional premium form the amount of claim. PDF created with FinePrint pdfFactory trial version ...
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FULL PREMIUM IF LOST CLAUSES 01/04/90 Article 1. In the event of total loss or constructive total loss of the Vessel covered herein from an insured peril, the balance between the annual premium and the premium already paid shall be paid as additional premium. Article 2. If the additional premium of the preceding Article has not been made before the Company make payment of a claim, the Company shall deduct the amount of the additional premium form the amount of claim.

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