Escalation Clause under Project Insurance Policies

[@IbrahimSamad-o8p]

As I could not catch some of your words , I would be grateful if you put this lecture in writing

[@VPinsupedia]

How can I do that

[@siddharathasaurabh6231]

Crystal clear concept

[@shahzadali2296]

Dear sir please uplode vedio about boiler And pressure vessel cover with complete information

[@VPinsupedia]

sure will do that

[@vibhamulye2501]

Please prepare slides on excess applicable to extensions and policy rates

[@VPinsupedia]

are you talking about extension of project insurance policy

[@043kumarivinita3]

Whats the difference between waiver of underinsurance and escalation clause?

[@VPinsupedia]

Waiver of underinsurance is very simple which says that up to the defined percentage, no underinsurance shall be applied. Escalation clause is also well defined. It says in the event of a claim the escalation amount would be added to the policy sum insured and the increased value of sum insured would be compared with market value of the property to decide applicability of underinsurance. insurance.