B-165435: Dec 23, 1968

WHICH IN ADDITION TO BEING FULLY INSURED UNDER THE POSTAL REGISTRY SYSTEM IS COVERED BY A COMMERCIAL INSURANCE POLICY CONTAINING A $10. 000 "WHEN THE ARTICLE IS NOT INSURED WITH ANOTHER INSURING AGENCY.'. TO HOLD THAT THE INDEMNITY PAYMENT IS LIMITED TO $1. 000 BECAUSE THE PACKAGE WAS INSURED BY "ANOTHER INSURING AGENCY. " EVEN THOUGH PAYMENT FOR THE LOSS IS PRECLUDED UNDER THE COMMERCIAL INSURANC...

B-165435: May 14, 1970

850 FOR WHICH POSTAL INSURANCE FEES PRESCRIBED FOR ARTICLES NOT COVERED BY OTHER INSURANCE WERE PAID AND FOR WHICH CLAIMANT HAS COLLECTED ARTICLE'S VALUE LESS $10. IS CONSIDERED VALID. AS VIEW THAT ARTICLE IS TO BE CONSIDERED INSURED. EVEN THOUGH FULL REIMBURSEMENT UNDER COMMERCIAL POLICY IS PRECLUDED BY DEDUCTIBLE CLAUSE. WE ARE OF THE OPINION THE COMPANY MAY BE INDEMNIFIED IN THE AMOUNT CLAIMED...