Separate. Insurance If more than one person or entity is named as ‘Insured’ in the schedule, then all the parties are insured separately (as though a separate policy had been issued to each person/entity). However, the sum insured and any sublimit in this policy will apply to the aggregate of all amounts payable to all insureds for any event.
Appears in 6 contracts
Samples: Material Damage Policy, Material Damage Policy, Material Damage Policy
Separate. Insurance If more than one person or entity is named as ‘Insured’ in the schedule, then all the parties are insured separately (as though a separate policy had been issued to each person/entity). However, the sum insured and any sublimit in this policy will apply to the aggregate of all amounts payable to all insureds Insureds for any event.
Appears in 1 contract
Samples: Material Damage Policy
