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hello and welcome to our YouTube channel in todayamp;#39;s video let us learn about the escalation clause and insurance in this short and informative video we will explore what an escalation Clause is and how it is applied in the world of insurance is essential for protecting our assets and managing risks however as time goes by the value of our possessions may change and so do the costs associated with them thatamp;#39;s where the escalation class comes into play definition of escalation clause the escalation Clause is a provision within an insurance policy that allows for automatic adjustments to the coverage limits or premiums over time it ensures that your coverage keeps Pace with inflation Rising costs or changing market conditions it can also be defined as a provision or writer included in an insurance policy that allows for automatic adjustments to the coverage limits or premiums over time purpose of installation clause the purpose of an escalation Clause is to account for the
