Waiver Of Inventory Clause

Waiver Of Inventory Clause,

How Do You Define Waiver Of Inventory Clause?

  • The inventory waiver clause is a provision of the insurance policy which states that, in the event of a claim, the insurance policyholder will not be required to take a written inventory of the lost items. For example, if a home is destroyed in a flood, the policyholder is not required to list all items lost in the flood if the policy includes a waiver of stock.

Literal Meanings of Waiver Of Inventory Clause

Waiver:

Meanings of Waiver:
  1. The act or process of waiving a right or claim.

Sentences of Waiver
  1. Your approval may indicate a waiver.

Synonyms of Waiver

disaffirmation, dispensation, surrender, refusal, deferral, abdication, renunciation, abjuration, abandonment, disclaimer, relinquishment, disavowal, rejection, repudiation

Of:

Meanings of Of:
  1. Expresses the relationship between part and whole.

  2. Indicates the relationship between scale or size and value.

  3. Indicates an affiliation between two entities, usually one of the affiliation, where the first is the header of the sentence and the second is the affiliation.

  4. Expresses the relationship between direction and reference point.

  5. Indicates the relationship between a general category or type and a particular object belonging to that category.

  6. Derived from a verb or after a related noun.

  7. A reference to a substance or substance that describes something.

  8. Express the hour for the next hour.

  9. Variations of the spelling of ob found before f (as in insulting).

Sentences of Of
  1. North of Watford

  2. Nice to meet you.

  3. In New York it will be from quarter to three.

Inventory:

Meanings of Inventory:
  1. Complete list of items such as assets, assets in storage, or building materials.

  2. Make a complete list.

Sentences of Inventory
  1. I collected a photo collection.

Synonyms of Inventory

archive, log, listing, tally, description, statement, file, directory, checklist, record, account, roster, catalogue, list, register

Clause:

Meanings of Clause:
  1. The grammatical organization unit, which is located just below the sentence in the line and should have a prediction in a subject and traditional grammar.

  2. Articles, terms or conditions specified in the Agreement, Law or Agreement.

Synonyms of Clause

provision, section, part, item, heading, point, proviso, rider, requirement, stipulation, passage, condition, paragraph, subsection, article, note, specification