Common use of Reward Coverage Clause in Contracts

Reward Coverage. We pay 10% of the amount of loss up to a maximum of $1,000 to anyone providing information leading to the arrest and conviction of anyone: a. Who perpetrates an arson loss at an insured location; or b. Who robs, steals, or burglarizes any covered person’s property. the recovered property, up to a maximum of $1,000. The deductible does not apply.

Reward Coverage. We pay 10% of the amount of loss up to a maximum of $1,000 to anyone providing information leading to the arrest and conviction of anyone: a. Who perpetrates an arson loss at an insured location; or b. Who robs, steals, steals or burglarizes any covered person’s property. the recovered property, up to a maximum of $1,000. The deductible does not apply.