Consumer Insurance Contracts means insurance wholly for purposes unrelated to the Insured’s trade, business or profession.
Consumer Insurance Contracts means insurance wholly for purposes unrelated to the Insured's trade, business or profession.
Consumer Insurance Contracts means insurance wholly for purposes unrelated to the Insured’s trade, business or profession. “Depreciation” means the reduction in the value of the item or property due to wear and tear. “Endorsement” means a written alteration to the terms, conditions and limitations of this policy which is shown on the Schedule. “Erosion” means being worn or washed away by water or wind. “Excess” means the amount You must pay towards a claim before We pay. The amount will be stated on the Schedule or in any selected Optional Benefits. “Flood” means the overflowing or deviation from their normal channels of either natural or artificial water courses, bursting or overflowing of public water mains and any other flow or accumulation of water originating from outside the building. “Family” and “Household” means any person(s) who normally reside with You. “Fixtures” and “Fittings” means items that are permanently attached to Your building. “Indemnity” means putting You back to Your same financial position immediately before the loss. “Insured event” means one of the perils listed under this Policy. “Non-Consumer Insurance Contracts” means insurance for purposes related to the Insured’s trade, business or profession. “Occurrence” means the exact period when the incident took place. “Open” means anywhere at the premises not fully enclosed by walls and a roof and which is not able to be secured, also any outbuildings on the premises if such buildings are not able to be secured. “Period of insurance” means the period for which You are insured. It commences at the time We agree to give You insurance and finishes at midnight on the day of expiry. The expiry date is shown on the Schedule. “Personal Effects” means personal items regularly worn or carried on the person for his/her personal use, for example clothing, watch, wallet. “Plate glass” means glass fitted to the structure of the building. “Policy” means Your insurance contract which consists of this policy wording and Schedule. “Premium” means any amount We require You to pay under the policy and includes Government charges. “SST” means Sales and Services Tax “Robbery and hold up” means that the items insured are either taken away or surrended; in both instances due to force, menaces or threat of physical violence made against You, or persons living with You in a common household, or other persons authorized to be on Your premises. “Schedule” means the policy schedule where both the insured items and sum insured are specified....
Examples of Consumer Insurance Contracts in a sentence
Applicable for Consumer Insurance Contracts Where You have applied for this insurance wholly for purposes unrelated to Your trade, business or profession, You have a duty to take reasonable care not to make a misrepresentation in answering the questions in Your Proposal Form (or when You applied for this insurance) i.e. You should have answered the questions fully and accurately.