可保价值 meaning in English

insulated value
insurable value

“ where the assured is insured for an amount less than the insurable value , or , in the case of a valued policy , for an amount less than the policy valuation , he is deemed to be his own insurer in respect of the uninsured balance
在本保险投保金额少于其可保价值，或在定值保险单中，投保的金额少于保险单价值之场合，就有关该未保险余额，他应视为是他自已的保险人。
“ where the assured is insured for an amount less than the insurable value , or , in the case of a valued policy , for an amount less than the policy valuation , he is deemed to be his own insurer in respect of the uninsured balance
在本保险投保金额少于其可保价值，或在定值保险单中，投保的金额少于保险单价值之场合，就有关该未保险余额，他应视为是他自已的保险人。
Where there is a loss recoverable under the policy , the insurer , or each insurer if there be more than one , is liable for such proportion of the measure of indemnity as the amount of his subscription bears to the value fixed by the policy in the case of a valued policy , or to the insurable value in the case of an unvalued policy
在损失根据保险单可以得到赔偿之场合，保险人（或两个以上的保险人中的任何一个）按其对保险单所认可的数额同保险单约价值（就定值保险单而言）或同可保价值（就不定值保险单而论）的比例赔付赔偿限额。