Common use of Emergency Vacation Expense Clause in Contracts

Emergency Vacation Expense. In the event that you are using the Insured Vessel on vacation and the Insured Vessel suffers damage or destruction from a peril insured against by this policy, we agree to reimburse you for any necessary emergency expense to a limit of $250 per day, subject to an aggregate maximum of $2,500 for the lesser of:

Emergency Vacation Expense. ‌ In the event that you are using the Insured Vessel on vacation and the Insured Vessel suffers damage or destruction from a peril insured against by this policy, we agree to reimburse you for any necessary emergency expense to a limit of $250 per day, subject to an aggregate maximum of $2,500 for the lesser of: