CO-INSURANCE CLAUSE. It is hereby declared and agreed that in respect of any claim for loss, damage or liability under Section 2 of this Insurance, the Insured shall contribute an amount equivalent to 10% of each and every claim, such contribution always to be not less than the “excess” in the Exclusions to Section 2 and the Schedule of this Insurance. The expression “claim” shall mean any claim or series of claims arising out of one event and includes all costs and expenses howsoever incurred by the Company.
Appears in 5 contracts
Samples: Private Motor Insurance Policy, Private Motor Insurance Policy, Your Insurance
