[M016]

manufacturers selling price clause

A property insurance coverage designed to provide the insured manufacturer with a valuation option to insure the goods manufactured at the price the manufacturer would have received for delivery of the finished goods to a customer. This valuation option includes sales costs, commissions and profits the insured would have earned if the goods were sold at the going price.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

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