subject matter insured造句

A valued policy is a policy which specifies the agreed value of the subject matter insured.

Abandonment in Marine insurance is when constructive total loss happens, the assured transfer rights of the insurer to the subject matter insured and demands indemnification from the insurer.

Expenses incurred by or on behalf of the assured for the safety or preservation of the subject matter insured, other than general average and salvage charges, are called particular charges.

"Now let us turn to loses through "inherent vice or nature of the subject matter insured", such as deterioration of food, leakage of liquid and breakage of glass or ceramics."

Article252 Where the loss of or damage to the subject matter insured within the insurance converage is caused by a third person, the right of the insured to demand compensation from the third person shall be subrogated to the insurer from the time the indemnity is paid.