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| has gloss | eng: Condition of average (also called underinsurance in the U.S., or principal of average , subject to average , or pro rata condition of average in Commonwealth countries) is the insurance term used when calculating a payout against a claim where the policy undervalues the sum insured. In the event of partial loss, the amount paid against a claim will be in the same proportion as the value of the underinsurance. |
| lexicalization | eng: condition of average |
| instance of | c/Insurance terms |
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| media:img | ConditionOfAverages.png |
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