87
CurrentEffect of under insurance
Part VIMeasure of Indemnity
Division 2Rights of Insurer on Payment of Loss
87 Effect of under insurance
Where the assured is insured for an amount less than the insurable value, or, in the case of a valued policy, for an amount less than the policy valuation, he or she is deemed to be his or her own insurer in respect of the uninsured balance.
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