Common use of Loss Payable Clause Clause in Contracts

Loss Payable Clause. Payment under this Part IV for a loss to a covered auto will be made according to your interest and the interest of any lienholder shown on the declarations page or designated by you . At our option, payment may be made to both jointly, or to either separately . Either way, we will protect the interest of both . However, if the covered auto is not a total loss, we may make payment to you and the repairer of the auto . Protection of the lienholder’s financial interest will not be affected by any act or omission by any person entitled to coverage under this policy . However, protection under this clause does not apply:

Loss Payable Clause. Payment under this Part IV for a loss to a covered auto will be made according to your interest and the interest of any lienholder shown on the declarations page or designated by you you. At our option, payment Payment may be made to both jointly, or to either separately separately. Either Ei- ther way, we will protect the interest of both both. However, if the covered auto is not a total loss, we may make payment to you and the repairer of the auto auto. Protection of the lienholder’s financial interest will not be affected by any act or omission by any person entitled to coverage under this policy policy. However, protection under this clause does not apply:

Loss Payable Clause. Payment under this Part IV for a loss to a covered auto will be made according to your interest and the interest of any lienholder shown on the declarations page or designated by you you. At our option, payment may be made to both jointly, or to either separately separately. Either way, we will protect the interest of both both. However, if the covered auto au- to is not a total loss, we may make payment to you and the repairer of the auto auto. Protection of the lienholder’s financial interest will not be affected by any act or omission omis- sion by any person entitled to coverage under this policy policy. However, protection under this clause does not apply:

Loss Payable Clause. Payment under this Part IV for a loss to a covered auto will be made according to your interest and the interest of any lienholder shown on the declarations page or designated by you . At our option, payment may be made to both jointly, or to either separately . Either way, we will protect the interest of both . However, if the covered auto au- to is not a total loss, we may make payment to you and the repairer of the auto . Protection of the lienholder’s financial interest will not be affected by any act or omission omis- sion by any person entitled to coverage under this policy . However, protection under this clause does not apply:

Loss Payable Clause. Payment under this Part IV for a loss to a covered auto will be made according to your interest and the interest of any lienholder shown on the declarations page or designated by you . At our option, payment may be made to both jointly, or to either separately . Either way, we will protect the interest of both . However, if the covered auto is not a total loss, we may make payment to you and the repairer of the auto . Protection of the lienholder’s financial interest will not be affected by any act or omission omis- sion by any person entitled to coverage under this policy . However, protection under this clause does not apply: