FIRST LOSS UNDER INSURANCE CLAUSE for Machinery Breakdown (magnus mitra broker)
The Insurance by this policy is arranged on the basis of first loss up to an amount stated in the Schedule of this policy. It is agreed that the Average Condition of this Policy is hereby deleted.
The Insurance by this policy is arranged on the basis of first loss up to an amount stated in the Schedule of this policy. It is agreed that the Average Condition of this Policy is hereby deleted.