It is my understanding that all our assets are covered and of course, if I remember looking at my notes, we will just double check it, there is a million dollar deductible, as they say. I will just double check it in a moment. Okay. All properties are covered. Deductible is $100,000 Each and every loss with an annual aggregate of a million dollars. Therefore $100,000 each and every loss except for flood.....So what we have is a deductible of $100,000. Each and every loss within an annual aggregate of a million dollars and thereafter $100,000.
John Todd on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 10th, 1997. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 9th, 1997
Page 517
John Todd Keewatin Central
See context to find out what was said next.