Examples of Insurable Event in a sentence

Although in some cases where the loss of an organ’s function is obvious, the Insurance Indemnity may be payable earlier than 9 months after the date of the Insurable Event.
I.4. If the Insurable Event causes the incurable loss of the Insured’s organ (a function thereof) whose part (or part of the function thereof) has been lost already before the Insurable Event, the percentage of the Insurance Indemnity payable in such case shall be reduced considering the loss of organ part (or part of function thereof) that existed before the Insurable Event.
I.1. The Insurance Indemnity is the part of the Sum Insured of the Additional Insurance against injury resulting from an accident whose precise amount shall be calculated on the basis of the table specified in this annex and which shall be paid for personal injuries and any consequences thereof suffered at the time of occurrence of the Insurable Event.
Upon occurrence of Insurable Event referred to in § 3, Unum shall pay to the Insured the Benefit representing a percentage of the Sum Insured in force as of the date of the Accident and set forth in Policy Specification.
Further, to the extent any insurance payment for an Insurable Event is received after the Closing by Parent, and not by the Company or its Subsidiaries, Parent shall promptly remit such payment to Buyer.

More Definitions of Insurable Event

Insurable Event means an event, loss or damage for which the Insured person shall be compensated under this policy.

Insurable Event means an event stated in the specific Special Terms and Conditions and/or the Insurance Certificate (Policy), upon which occurrence the Insurer pays the Insurance Indemnity under procedure and within terms stated in the Contract. However, in any case, this means only the event, which has occurred after the effective moment of the Contract and during the validity term of the Insurance Coverage and which is not the Uninsurable Event according to the Contract can be recognized as the Insurable Event. The Insurable Event must be substantiated with proper evidence and documents of a form and content acceptable to the Insurer.

Insurable Event means an event, loss or damage for which the Insured/ Insured Person is entitled to benefit/s under this Policy. "Kidnapping" means the wrongful abduction and holding under duress or by fraudulent means of the Insured /Insured Persons by any person or group making a ransom demand or series of ransom demands for the release of the Insured /Insured Persons.

Insurable Event means an event, loss or damage for which the Insured is entitled to benefit/s under this Policy

Insurable Event means an event that is covered under the Policy; and which is in accordance with the Policy Terms & Conditions;

Insurable Event means fire, theft and other commonly insurable events in relation to premises contents.

Insurable Event means all events and consequences of an event against which the Parties agree it is reasonable to expect to be covered, and which shall be covered, by the insurances listed in Exhibit 5.