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Appraisal Clause |
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Appraisal Clause In insurance, a clause in a policy giving both the insurance company and the policyholder the right to demand an appraisal to determine the value of an insured property. This protects both parties in the event of a dispute over the value of a loss. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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