Condition of average

Illustration of the partial payout of Sum Insured against probability of occurrence

Condition of average (also called underinsurance in the U.S., or principal of average, subject to average, or pro rata condition of average in Commonwealth countries) is the insurance term used when calculating a payout against a claim where the policy undervalues the sum insured. In the event of partial loss, the amount paid against a claim will be in the same proportion as the value of the underinsurance.

单词	Subject to average
释义	Subject to average 英语百科 Condition of average Condition of average (also called underinsurance in the U.S., or principal of average, subject to average, or pro rata condition of average in Commonwealth countries) is the insurance term used when calculating a payout against a claim where the policy undervalues the sum insured. In the event of partial loss, the amount paid against a claim will be in the same proportion as the value of the underinsurance.
随便看	file transaction File transfer file transferability File Transfer Access and Management File Transfer, Access, and Management File Transfer Access Method file transfer and access method file transfer disk receive routine file transfer disk restart module file transfer disk send routine file transfer message file transfer module file transfer operation file transfer procedure file transfer program file transfer protocol file transfer protocol daemon file transfer protocol, FTP file transfer protocol server file transfer request file transfer support program file transfer system file transfer utility file translation language file transliteration

Subject to average

Condition of average