apportionment clause
apportionment clause. Insurance. A policy provision that distributes insurance proceeds in proportion to the total coverage. [Cases: Insurance 2193. C.J.S. Insurance § 1117.]
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apportionment clause. Insurance. A policy provision that distributes insurance proceeds in proportion to the total coverage. [Cases: Insurance 2193. C.J.S. Insurance § 1117.]
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apportionment clause 分担条款 一项保单条款,规定几张保单分别按其保险金额与总保险金额的比例承担相应的保险责任。
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