Common use of Insurable Interest Clause in Contracts

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged property, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined as follows:

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's ’s interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged property, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined as follows:Payment

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged property, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined de termined as follows:

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's ’s interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged property, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined as follows:.

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's ’s interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged propertypropert y, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined as follows:.

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's ’s interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged property, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined as follows:– Replacement Cost

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's ’s interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged propertypropert y, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined as follows:Payment

Insurable Interest. We will not pay to any Insured any amount greater than the Insured's interest, at the time of loss, in the property covered by this insurance. Limit of this Insurance Regardless of the number of persons insured or persons having claim under this insurance, or the value of the damaged propertypropert y, we will not pay more for any loss than our applicable limit of this insurance. Valuation of Property and Loss Payment An insured loss will be paid on the basis of the value of the damaged property at the time of the loss. This value will be determined as follows: