If cargo constituting insured property arrives at the destination damaged or partially lost, the insurer is liable to compensate for the amount arrived at when the insured value (or the agreed insured value, if specified) is multiplied by the proportion of the amount set forth in item (i) to the amount set forth in item (ii):
the amount arrived at when the value of the cargo that has been damaged or partially lost is deducted from the value that the cargo would have if it had not been damaged or partially lost; and
当該貨物に損傷又は一部滅失がなかったとした場合の当該貨物の価額から損傷又は一部滅失後の当該貨物の価額を控除した額
the value that the cargo would have had if it had not been damaged or partially lost.
当該貨物に損傷又は一部滅失がなかったとした場合の当該貨物の価額