Common use of Liberalisation Clause in Contracts

Liberalisation. If, during the policy period, the Insurer introduces any broadening of its standard coverage for this rider without an increase in rates, the broadened coverage shall also apply to the Insured's coverage from the introduction date of the broadened coverage.

Appears in 3 contracts

Sources: Commercial Building and Contents Insurance Agreement, Commercial Building and Contents Insurance Agreement, Commercial Building and Contents Insurance Agreement