Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
pro rata clause
An insurance-policy provision - usu. contained in the "other insurance" section of the policy - that limits the insurer's liability to payment of the portion of the loss that the face amount of the policy bears to the total insurance available on the risk. - Also termed pro rata distribution clause. Cf. ESCAPE CLAUSE; EXCESS CLAUSE.