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Frequent Contributor
Posts: 88
Registered: ‎31-03-2016

Condition of average

What do you mean by the condition of average?

1 REPLY 1
aishwarya
Contributor
Posts: 24
Registered: ‎05-04-2017

Re: Condition of average

 It is the insurance term used when calculating a payout against a claim where the policy undervalues the sum insured.