Common use of Salvage Clause in Contracts

Salvage. (1) In the event of loss or damage to insured property, the Insured must take all reasonable steps to prevent further loss or damage to that property and to prevent loss or damage to other property insured under the contract, including, if necessary, removing the property to prevent loss or damage or further loss or damage to the property.

Appears in 7 contracts

Samples: Off Road Vehicle Wording, www.westernunderwriting.com, www.westernunderwriting.com

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Salvage. (1) In the event of loss or damage to insured property, the Insured insured must take all reasonable steps to prevent further loss or damage to that property and to prevent loss or damage to other property insured under the contract, including, if necessary, removing the property to prevent loss or damage or further loss or damage to the property.

Appears in 3 contracts

Samples: Student Accident Insurance, www.portagemutual.com, eq.familyins.com

Salvage. (1) a. In the event of loss or damage to insured property, the Insured insured must take all reasonable steps to prevent further loss or damage to that property and to prevent loss or damage to other property insured under the contract, including, if necessary, removing the property to prevent loss or damage or further loss or damage to the property.

Appears in 2 contracts

Samples: cadeinsurance.com, cadeinsurance.com

Salvage. (1) In a. The Insured, in the event of any loss or damage to any insured property, the Insured must shall take all reasonable steps to prevent further loss or damage to that such property so damaged and to prevent loss or damage to other insured property insured under the contract, including, if necessary, removing the property removal to prevent loss or damage or further loss or damage to the propertya secure location.

Appears in 2 contracts

Samples: cadeinsurance.com, cadeinsurance.com

Salvage. (9. 1) In . The insured, in the event of any loss or damage to any property insured propertyunder the contract, the Insured must shall take all reasonable steps to prevent further loss or damage to that such property so damaged and to prevent loss or damage to other property insured under the contract, hereunder including, if necessary, removing the property its removal to prevent loss or damage or further loss or damage to the propertythereto.

Appears in 2 contracts

Samples: premiergroup.ca, premiergroup.ca

Salvage. (1) In the event of loss or damage to insured property, the Insured insured must take all reasonable steps to prevent further loss or damage to that property and to prevent loss or damage to other property insured under the contract, including, if necessary, removing the property to prevent loss or damage or further loss or damage to the property.

Appears in 2 contracts

Samples: Home Care Plan, www.portagemutual.com

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Salvage. (1) In . The Insured, in the event of any loss or damage to any property insured propertyunder the contract, the Insured must shall take all reasonable steps to prevent further loss or damage to that such property so damaged and to prevent loss or damage to other property insured under the contract, hereunder including, if necessary, removing the property its removal to prevent loss or damage or further loss or damage to the propertythereto.

Appears in 1 contract

Samples: Insuring Agreement

Salvage. (1) In The insured, in the event of any loss or damage to any property insured propertyunder the contract, the Insured must shall take all reasonable steps to prevent further loss or damage to that such property so damaged and to prevent loss or damage to other property insured under the contract, hereunder including, if necessary, removing the property its removal to prevent loss or damage or further loss or damage to the propertythereto.

Appears in 1 contract

Samples: www.portagemutual.com

Salvage. (1) In a. The Insured in the event of any loss or damage to any property insured propertyunder the contract, the Insured must shall take all reasonable steps to prevent further loss or damage to that any such property so damaged and to prevent loss or damage to other property insured under the contract, hereunder including, if necessary, removing the property its removal to prevent loss or damage or further loss or damage to the propertythereto.

Appears in 1 contract

Samples: dmga-marketplace-assets.s3.ca-central-1.amazonaws.com

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