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debris removal clause

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Specifically included stipulation in a fire or industrial all-risk insurance policy. It covers the cost of (1) removing the debris, (2) dismantling or pulling down the damaged parts of the structure, and/or (3) of shoring up the structure. Such costs are usually limited to 5 to 10 percent of the face amount of a policy.
  • risk

  • policy

  • third-party ins...

  • letter of indem...

  • employer's liab...

  • insurance

  • force majeure

  • ex gratia payme...

  • hazard

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