The client bought an insurance product last year with the insured amount set at RMB240000.

据介绍，这名中国人保寿险客户于2008年购买了该公司产品，保险金额为24万元。

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The payment by the insurer of the expenses referred to in the preceding paragraph shall be limited to that equivalent to the insured amount.

保险人对前款规定的费用的支付，以相当于保险金额的数额为限。

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In other words, lower the amount insured below the actual value of the house to prevent moral hazard.

换句话说，将房屋的保险价值低估于其实际价值,以此来防范道德风险。

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Government sources point out, though, that the amount of toxic debt being insured under APS is smaller than first estimated and RBS will take on a bigger share of potential losses.

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Economists at Citigroup reckon that a fund ought to start with a baseline of 2% of insured deposits, and then top up that amount with an additional premium to reflect the risk that peripheral countries may leave the euro and that their currencies would then depreciate.

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