SCHEDULES
SCHEDULE 1Insurers' remedies for qualifying misrepresentations
Part 1Contracts
Careless misrepresentations—claims
I18
“Reduce proportionately” means that the insurer need pay on the claim only X% of what it would otherwise have been under an obligation to pay under the terms of the contract (or, if applicable, under the different terms provided for by virtue of paragraph 6), where—