The Basics of a Property Insurance Policy
Interpretation and Rectification OF ARPI – Contra Proferentem
If a phrase in ARPI can have two or more sensible meanings, then the application of the rule known as “contra proferentem” will result in the phrase being construed in favour of the insured and therefore against the underwriter, provided that he had drafted the policy. For example, the policy may refer to “stock” in the description of personal property.
By:
Willis J. Watsonl
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