Amount Insured definition

Amount Insured means the limit of liability of each Insurer under the Insurance, including, for the avoidance of doubt, the aggregate limit of liability of all Insurers where the coverage is provided on the basis of co-insurance;
Amount Insured means the aggregate limit of liability of each Insurer under the Insurance, including, for the avoidance of doubt, the aggregate limit of liability of all Insurers where the coverage is provided on the basis of co-insurance;
Amount Insured means the aggregate limit of liability of the Insurer pursuant to this contract as set out in clause 3.1;

Examples of Amount Insured in a sentence

  • The Insurance may provide that liability for Defence Costs in relation to a Claim that exceeds the Amount Insured is limited to the proportion of such Defence Costs that the Amount Insured bears to the total amount paid or payable to dispose of that Claim.

  • The Amount Insured for each and every Claim (exclusive of Defence Costs) must be at least €1,500,000 (one million five hundred thousand euro).

  • Marine and War Risk Hull & Machinery coverage (including 4/4ths Collision Liability) subject to an Amount Insured not less than the full value of the vessel.

  • Amount Insured shall be the full reinstatement or replacement value of the Plant.

  • Notwithstanding clause 3.2, liability for Defence Costs in relation to a Claim that exceeds the Amount Insured is limited to the proportion of such Defence Costs that the Amount Insured bears to the total amount paid or payable to dispose of the Claim.

  • Cover to be Given: Insurance of an Export Buyer Credit according to EGAP General Insurance Conditions type “D” Loan Amount: Lender: Overall Insured Amount: Insured Amount Percentage of cover given by the Insurer: Reinsurance Percentage: Special conditions: Recourse conditions: Amount of premium: Premium to be allocated to : Comments: The Environmental and Social Impact Assessment Procedure has been conducted.

  • The total Death Benefit remains level (unless the Minimum Amount Insured applies - see Minimum Amount Insured, below).

  • The Loan PRI Policy, with a Current Amount Insured for Principal equal to or greater than the aggregate principal amount of the Tranche A Loans outstanding plus the amount of the Tranche A Loans requested in accordance with the terms of the Notice of Disbursement, shall continue to be in full force and effect and all fees, premiums and other amounts payable in respect thereof shall have been paid in accordance therewith.

  • AND ______________________________, LLC PURSUANT TO SECTION 1.1 SCHEDULE OF ASSETS Status of Policy Type of Policy Face Premium Premium Number Policy Issuer Amount Insured Mode Payment ------ -------- ------ ------ ------- -------- ------- * Indicates a ▇▇▇▇▇▇ Policy OTHER ASSETS TO BE SCHEDULED SCHEDULE II TO ASSET PURCHASE AGREEMENT BY AND AMONG LIFE INVESTMENT FUNDING ENTERPRISES, INC.

  • Under Option B, the amount of life insurance at risk to the Company remains level (unless the Minimum Amount Insured applies - see Minimum Amount Insured, below) but the total Death Benefit includes the cash value.


More Definitions of Amount Insured

Amount Insured. As scheduled in slip agreement, attached hereto Policy No. Premium: As scheduled in slip agreement, attached hereto As scheduled in slip agreement, attached hereto hereinafter called the Assured. Loss, if any, payable to Assured As scheduled in slip agreement, attached hereto In the sum of As scheduled in slip agreement, attached hereto At and from the As scheduled in slip agreement, attached hereto day of As scheduled in slip agreement, attached hereto to As scheduled in slip agreement, attached hereto day of As scheduled in slip agreement, attached hereto against the liabilities of the Assured as hereinafter described, and subject to the terms and conditions hereinafter set forth , in respect of the vessel called the In accordance with slip agreement, attached hereto or by whatsoever other names the said vessel is or shall be named or called. In consideration of the stipulations herein named and of As scheduled in slip agreement, attached hereto being premium at the rate of As scheduled in slip agreement, attached hereto The Assurer hereby undertakes to make good to the Assured or the Assured's executors, administrators and/or successors, all such loss and/or damage and/or expense as the Assured shall as owners of the vessel named herein have become liable to pay and shall pay on account of the liabilities, risks, events and/or happenings herein set forth:
Amount Insured means the amount of cover, comprising Standard Cover and Additional Cover granted by the Company to the Insured Member in accordance with the Eligibility Conditions.
Amount Insured means the Limit of Indemnity of Insurers under the Policy, including, for the avoidance of doubt, the aggregate Limit of Indemnity of all Insurers where coverage is provided on the basis of co-insurance.

Related to Amount Insured

  • Sum Insured means the maximum amount of coverage, as specified in the Policy Schedule, that the Insured/Insured Person is entitled to in respect of each benefit and as applicable under the Policy.

  • Reimbursement insurance policy means a policy of insurance

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance Amount has the meaning set forth in Section 6.12(b).

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.