What is the purpose of the "Sue and Labour Clause" in an insurance policy? It requires the insurer to sue others who may be responsible for loss or damage to the insured property. It requires the insurer to do some of the repair work to restore the property. It requires the insured to take all reasonable steps in and about the recovery of the property in return for agreement that the insurer will contribute to the cost of doing SO. It permits the insurer to sue the insured for failure to maintain the property in good condition.

icon
Related questions
Question

PLS HELP ASAP

What is the purpose of the "Sue and Labour Clause" in an
insurance policy?
It requires the insurer to sue others who may be responsible for loss or damage to
the insured property.
It requires the insurer to do some of the repair work to restore the property.
It requires the insured to take all reasonable steps in and about the recovery of the
property in return for agreement that the insurer will contribute to the cost of doing
SO.
It permits the insurer to sue the insured for failure to maintain the property in good
condition.
Transcribed Image Text:What is the purpose of the "Sue and Labour Clause" in an insurance policy? It requires the insurer to sue others who may be responsible for loss or damage to the insured property. It requires the insurer to do some of the repair work to restore the property. It requires the insured to take all reasonable steps in and about the recovery of the property in return for agreement that the insurer will contribute to the cost of doing SO. It permits the insurer to sue the insured for failure to maintain the property in good condition.
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer