a comparative study of legal & contractual arrangements of assessment of loss in indemnity insurances contracts

this article is concerned with the question of how much the assured will be entitled to recover following an assured loss. it will be discussed which three elements are involved in this respect; first the loss of assured, second the amount of assuror obligation and third the contractual agreements of the parties in respect of the amount of assuror's payment.it should be noted that franchise clause,loss,excess clause,assuror,assured,average clause is important elements.the essay examine first the loss of assured, second the amount of assuror obligation and third the contractual agreements of the parties in respect of the amount of assuror's payment.