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Jan 16, 2005 03:10
19 yrs ago
English term
ratable proportion
English to Malay
Bus/Financial
Insurance
If at any time any claim arises under this policy there be any other insurance covering the same liability, the company shall not pay more than its ratable proportion of such claim.
Proposed translations
(Malay)
3 +1 | bahagian kerugian mengikut kadar sewajarnya | Ramona Ali |
Proposed translations
+1
12 mins
bahagian kerugian mengikut kadar sewajarnya
"Ratable Proportion" means, with reference to any distribution on account of any Claim in any Class, a distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of Claims or Allowed Claims, as the case may be, in the same Class.
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