Common use of Insurable Interest and Limit of Liability Clause in Contracts

Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be li- able in any one loss: 1. For an amount greater than the interest of a person insured under this policy at the time of loss; or 2. For more than the applicable limit of liability.

Appears in 5 contracts

Samples: Insurance Binder, Personal Liability Insurance Agreement, Dwelling Property Insurance Agreement

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Insurable Interest and Limit of Liability. Even if more than one person has an insurable interest in the property covered, we will not be li- able in any one loss: 1. For To an amount greater "insured" for more than the amount of such "insured's" interest of a person insured under this policy at the time of loss; or 2. For more than the applicable limit of liability.

Appears in 5 contracts

Samples: Homeowners Insurance Policy, Homeowners Insurance Policy, Homeowners Insurance Policy

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