首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Insurance in respect of the property will be carried out by the Society in accordance with the rules and the mortgage conditions
Insurance in respect of the property will be carried out by the Society in accordance with the rules and the mortgage conditions
admin
2013-07-02
44
问题
Insurance in respect of the property will be carried out by the Society in accordance with the rules and the mortgage conditions with such insurance companies as the Society may determine. The Society has a wide experience of insurance companies and of the terms offered by their policies, and places insurance with many companies who are able to provide the cover which the Society considers necessary. You may like the Society to insure with a particular company, and if so please contact immediately the Branch Office to which you submitted your application for loan, and so long as that company and its terms are acceptable to the Society the cover will be arranged accordingly. If you should suggest a company and it is not one with which the Society does business you will be informed and offered a choice of other companies. You may request change of insurance company at any time during the life of the mortgage. If your mortgage is under the endowment scheme or supported by an insurance guarantee or if the documents of title specify the company to be used it may not be possible to accept your choice.
The initial sum insured will be the figure shown under the heading "Amount of Property Insurance" in the Details of Loan. This figure is the amount recommended by the Society’s valuer, as his estimate of the replacement cost of the building at the date of valuation, unless some other amount has been agreed in writing between you and the Society. No warranty is given or implied that the amount of insurance will cover complete loss.
You are reminded that the market value of your property bears no relationship to the cost of replacement. The amount for which the property is insured should therefore not be less than the cost, at the time of repair or replacement, of rebuilding all the property covered in the same materials, form, style and condition as when it is new. It should also include in complying with the requirements of the Local Authority and in removing debris, etc. The term "property" includes domestic outbuilding, garages, walls, landlords fixtures and fittings, etc., but excludes the value of the land.
The market value of a house is therefore likely to be less than the cost of rebuilding, especially if the property is elderly. Even if the property is recently built, the work involved in reinstatement will be more expensive than the building cost which can be achieved by a builder building on an estate basis.
Who estimates the initial sum of insurance of your property?
选项
答案
The Society’s valuer
解析
根据关键词estimate找到第二段第二句话。可以看出对保险金额的估价是由保险协会的估价师作出的。
转载请注明原文地址:https://kaotiyun.com/show/Jgn7777K
0
大学英语六级
相关试题推荐
A、Commoncausesofanger.B、Judgingpeople’sbehavior.C、Changingpeople’sattitudes.D、Theeffectsofnegativebehavior.B开头对话中
Manlivesincommunities.Hissocialexistencerestrictshis【B1】______incertaindirectionsandextendsitinothers.Society【B
Ingeneral,oursocietyisbecomingoneofgiantenterprisesdirectedbyabureaucraticmanagementinwhichmanbecomesasmall,
Anexerciseprogramdesignedforyoungeradultsmaybeinappropriateforolderpersons,particularlyforpersonsoverage50.Sp
Anexerciseprogramdesignedforyoungeradultsmaybeinappropriateforolderpersons,particularlyforpersonsoverage50.Sp
Bysaying"thegrowthoftheproportion...toyoungergenerations."(Line2,Para.5),AntheaTinkerreallymeansthat______.I
A、Collegeprofessors.B、Computerusers.C、Lonelypeople.D、Internetsurfers.C
A、Makehisownarrangements.B、Gototheplacesshelikes.C、Seeatravelagent.D、Takeaspringvacation.C
MuchhasbeensaidabouttheiPodanditsamazingpopularitywithpeopleofallagesandgroups.TheiPodphenomenonhasalsota
随机试题
在Windows7中,_________是基本的操作对象,是用户与各种软件之间沟通的界面。
以下抗肿瘤药物中哪种属抗生素类
牙合托的作用是
患者30岁男性,因左下后牙食物嵌塞两年多就诊。查:左下第一前磨牙龋深达髓腔,牙髓无活力,叩诊(-)。X线片见根尖周无异常。该主诉牙应诊断为
产后出血的处理原则为
子宫脱垂病人手术后应采取的体位是
甲公司是一家机械加工企业,产品生产需要某种材料,年需求量为720吨(一年按360天计算)。该公司材料采购实行供应商招标制度,年初选定供应商并确定材料价格,供应商根据甲公司指令发货,运输费由甲公司承担。目前有两个供应商方案可供选择,相关资料如下:方案一:
______personlikehimwon’tbesatisfiedwith______littleprogressthathehasmade.
我已经很久没有见面我的女朋友了。(复旦大学2014)
Thecountry’sinadequatementalhealthsystemgetsthemostattentionafterinstancesofmassviolencethatthenationhasseen
最新回复
(
0
)