reduce proportionately definition

reduce proportionately means that We need only pay on the claim X% of what otherwise We would have been under an obligation to pay under the terms of the Policy (or, if applicable, under the different terms provided for by virtue of paragraph i)), where –
reduce proportionately means that the insurer need pay on the claim only

Related to reduce proportionately

  • Increase has the meaning specified therefor in Section 2.14.