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sue-and-labor clause - 1 dictionary result
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Main Entry: sue–and–labor clause
Function: noun
: a clause in marine insurance contracts by which the insured agrees to take steps necessary to safeguard the covered property from loss or to minimize losses that occur and the insurer agrees to pay for the reasonable costs of such steps
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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