Common use of Insured Losses Clause in Contracts

Insured Losses. Insured losses are: 1. Xxxxxx monies that are paid to the person(s) demanding them 2. Xxxxxx monies that are lost in transit 3. Consultant and advisor costs 4. The following expenses incurred during or as a result of an insured event, to the extent that they are reasonable and necessary: a. reward monies x. xxxxxx loan interest c. travel and accommodation d. continuing salary e. replacement salary f. relative’s salary g. personal financial loss h. negotiator fees i. interpreter fees j. forensic analyst fees k. increased costs of security l. medical fees m. rest and rehabilitation expenses n. communication costs o. retraining costs p. business interruption loss 5. Personal accident

Insured Losses. Insured losses are: 1. Xxxxxx monies that are paid to the person(s) demanding them 2. Xxxxxx monies that are lost in transit 3. Consultant and advisor costs 4. The following expenses incurred during or as a result of an insured event, to the extent that they are reasonable and necessary: a. reward monies x. xxxxxx loan interest c. travel and accommodation d. continuing salary e. replacement salary f. relative’s salary g. personal financial loss h. negotiator fees i. interpreter fees j. forensic analyst fees fees k. increased costs of security l. medical fees m. rest and rehabilitation expenses n. communication costs o. retraining costs p. business interruption loss 5. Personal accident