Pro Rata Distribution Clause,
Definition of Pro Rata Distribution Clause:
Meaning of Pro Rata Distribution Clause: Immovable property insurance that changes the same flat rate limit applied to multiple locations to a specific limit.
You can define Pro Rata Distribution Clause as, (Sometimes called the average clause). A general policy clause that covers a number of items or locations in order to allocate insurance in proportion to the value of each item or location and its relationship to the total value of the insured property at the time of loss. This clause will benefit the insurer who owns two or more warehouses where the goods produced by him vary from time to time. If you have fairly general insurance, especially in terms of a partnership reduction clause (such as 80% six insurance), you don't have to worry about stock fluctuations between camps.
Literal Meanings of Pro Rata Distribution Clause
Meanings of Pro:
A professional, especially in sports.
In a professional manner (of a person or event).
For the benefit of
An argument for benefit or something.
Head of Public Relations.
Office of the Public Archives.
Sentences of Pro
You are unique
Pros and cons of joint ownership
Synonyms of Pro
all for, added advantage, on the side of, good point, benefit, attractive feature, professional player, sympathetic to, plus point, dividend, bonus, approving, encouraging of, advantage, non-amateur, fringe benefit, paid player, for, asset, right behind, giving support to, attraction, beauty
Meanings of Rata:
New Zealand's largest family tree is sent with purple flowers and red wood.
Sentences of Rata
It's too early to see rats blooming, but words are blooming everywhere.
Meanings of Distribution:
The process of sharing something between multiple recipients.
Sentences of Distribution
Print to share with friends
Synonyms of Distribution
administration, doling out, issuance, administering, issuing, passing round, handing out, handing round, issue, dealing out, giving out, dispensation
Meanings of Clause:
Grammatical organizational unit, which is in line and in traditional grammar immediately after the sentence. Occurs later, it should contain an article and an presentation.
Articles, terms or conditions are specific and separate from an agreement, bill or agreement.
Sentences of Clause
In each of the above sentences, the two sentences are connected by a series of sentences without a sentence.
Agreements usually contain a provision of an electoral law that determines the applicable law.
Synonyms of Clause
idiomatic expression, paragraph, locution, subsection, wording, idiom, passage, note, construction, heading, point, turn of phrase, item, phrasal verb, clause, group of words, expression, article, set phrase, part, section, phrasal idiom, word group, term