Valued Clause
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Valued Clause

A clause in an insurance policy stating how much the insurer will pay per insured property. For example, the valued clause may state that the insurer will pay $1,000 per computer, $500 per piece of furniture, and so forth. The insurer pays this regardless of the actual value of the property at the time of the loss. See also: Value Policy.

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Valued Clause (redirected from Valued Clauses)

Valued Clause
(redirected from Valued Clauses)