The author addresses three aspects of indemnity in the context of material damage insurance: the law of the principle of indemnity, the practical problems encountered in establishing the indemnity value in material damage claims, and the contractual arrangements between the insured and the insurer that restrict or define the amount payable as an indemnity.

Author(s): Walmsley, R. M.
Published: 199
Binding: Paperback
ISBN 10: 1898195056 ISBN 13: 9781898195054

Contents

Preface

Introduction

Chapter One       General Principles and the Marine Insurance Act 1906

Chapter Two        Legal Decisions (1)

Chapter Three    Legal Decisions (2)

Chapter Four      The Contract Generally: Pay the Value; Subject Matter of the Insurance; Onus of Proof; Option to Reinstate; Association of British Insurers Specification

Chapter Five       Enquiries and Calculations: Buildings and Machinery

Chapter Six         Enquiries and Calculations: Stock and Work in Progress

Chapter Seven   Enquiries and Calculations: Stock Reconciliation Accounts

Chapter Eight     The Contract: Additional Clauses and Conditions (1) Average; First Loss Insurance; Contract Price; Franchise; Excess; Deductible; Aggregate Deductible

Chapter Nine       The Contract: Additional Clauses and Extensions (2) Reinstatement Memorandum; Reinstatement Memorandum (Day One Basis)

Chapter Ten        The Contract: Additional Clauses (3) Professional Fees; Public Authorities; Removal of Debris; Foundations

Chapter Eleven  Domestic Policies and Claims for Buildings, Household Goods and Personal Effects

Appendix A         List of Cases

Appendix B         Association of British Insurers Recommended Policy Wordings and Clauses

Index