An abandonment clause gives insured parties the right to forfeit damaged property in exchange for full payment. Insurance companies take ownership of the damaged asset.
Latest posts by Rachel Damianou (see all)
- Time to Make a Will? - 17th December 2020
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- A Helping Hand - 19th June 2020
- Dying to be heard - 14th May 2020
- Government considers how wills should be signed in light of the COVID-19 situation - 11th May 2020