Insurable Value definition

Insurable Value means the indemnity payable per unit lost that we specify before the Crop Year starts or that you select before the Crop Year starts from the choices we offer, as applicable;
Insurable Value means the indemnity payable per unit that we specify or that you select before the start of the Crop Year from the choices we offer, as applicable;
Insurable Value means the dollar value for a given Crop Year, and which we use to calculate an indemnity for that Crop Year, and more particularly:

Examples of Insurable Value in a sentence

  • Full Insurable Value shall mean actual replacement cost of the real property (exclusive of the cost of non-insurable portions thereof, such as excavation, foundations and footings).

  • Such insurance shall cover the Demised Premises in an amount not less than the Full Insurable Value of the Demised Premises covering, at a minimum, the perils insured under the ISO Special Causes of Loss Form CP 10 30, or the equivalent, including coverage for loss caused by enforcement of ordinances or laws to the extent it is commercially available.

  • At its own expense, Lessee shall cause property insurance on the Equipment to be carried and maintained with an insurer(s) of recognized responsibility, licensed or otherwise authorized to write such insurance under the laws of the State, in an amount equal to the Full Insurable Value of the Equipment.

  • Attachment 7-I, Insurable Value Calculation, is a worksheet that should be used as a guide by State Appraisers and fee appraisers contracted by the Agency in calculating insurable value.Extraordinary Assumption: An assumption, directly related to a specific assignment, which, if found to be false, could alter the appraiser’s opinions or conclusion.

  • Borrower shall keep the Property insured for the benefit of Lender by (i) an "All Risk of Physical Loss" policy or the broadest form of extended coverage endorsement in an amount sufficient to prevent Lender from ever becoming a co-insurer under the policy or Laws, but in no event less than the lesser of (A) the Obligations or (B) the Full Insurable Value (defined below) of the Property, subject to verification by Lender, and with a deductible not to exceed Ten Thousand Dollars ($10,000.00).


More Definitions of Insurable Value

Insurable Value means, as described on your Statement of Premiums and Coverages and for a given Crop Year:
Insurable Value means replacement cost;
Insurable Value means the indemnity payable per unit lost which we specify before the Crop Year starts or which you select before the Crop Year starts from the choices we offer, as applicable;
Insurable Value means the amount of the Loan, etc. If the Loan, etc. is repaid in two or more installments, “Insurable Value” means the amount to be repaid in each installment.
Insurable Value means the value of goods as ascertained for the purposes of insurance under this Act;
Insurable Value means the value identified in the Real Agreement Schedule as the insurance value in respect of which the Hirer must maintain a policy of insurance for not less than the insurable value.
Insurable Value means actual replacement value and such value shall be confirmed from time to time (but not more frequently than the dates of renewal of such policy) at the request of Authority, one of the insurers or at the option of Authority by an insurance appraiser.