What does, ‘When legal costs and expenses are in addition to the sum insured’ mean?
‘When legal costs and expenses are in addition to the sum insured’ means that a member will always have the full sum insured to pay the required amount of the claim. For example, the sum insured of $500,000 will go towards paying the claim, and not the legal costs and the claim. Using the sum insured to pay legal costs as well as the claim would mean a short fall in the ability to pay the claim.
Related Questions
- What are the Taxes, additions costs & expenses that have to be paid in addition to the cost of Apartment given in the website?
- Ive heard that design programs can be expensive. What kind of costs can I expect in addition to tuition and living expenses?
- What does defense costs in addition to the limit of liability mean?
