Insurance Status definition
Insurance Status. Insurance is not applicable to this project as the site will undergo new construction.
Insurance Status. The applicant has stated that there were no insurance claims filed on behalf of ▇▇▇▇▇▇▇▇▇▇▇ Terrace Apartments as a result of damage suffered from Hurricane ▇▇▇▇▇▇.
Insurance Status. The applicant indicates that no insurance claim was filed on the property. The property was owned by a party other than the applicant during the time of Hurricane ▇▇▇▇▇▇, therefore the applicant, Hitchcock Housing Ltd., does not anticipate insurance proceeds.
Examples of Insurance Status in a sentence
Industrial Insurance Status: Contractor is responsible for maintaining a current status of their industrialinsurance premiums with the Department of Labor and Industries (L&I).
Descriptive Statistics by Insurance Status and State Medicaid Program Policy Change 89 Table 3.
Adjusted Trend of Primary Care Amount and Quality Measures 2010-14, by Insurance Status and Physician Ownership Source.
Acknowledgment of Insurance Status: This Agreement acknowledges that the District is permissibly self-insured for all required coverages.
B., Leaderer, B.P., Use of Health Services by Insurance Status Among Children With Asthma, Medical Care: October 2001, Volume 39, Issue 10, pp.
More Definitions of Insurance Status
Insurance Status. The applicant indicates that an insurance claim has been file on the Linden Oaks project in response to the damages suffered from Hurricane ▇▇▇▇▇▇. Insurance proceeds are expected to amount to $417,437. Debt & Financing: The project was initially developed through the use of a USDA section 515 loan which remains on the property. The rehabilitation is proposed to be funded with a construction loan from The BHHH Companies Inc. in the amount of $1,366,015. A debt service ratio of 1.22 indicates that it may not be feasible to take on another loan on the property. CDBG-DR funds will be used to pay down the construction loan and fund the remainder of the rehabilitation. It should be noted that the applicant is proposing to finance costs for origination and fees from a related party for the construction financing. It does not appear that CDBG funds are being used to finance the proposed fees.
Insurance Status. The applicant indicated that an insurance claim was not filed for the damages suffered from Hurricane ▇▇▇▇▇▇. An insurance claim may be required as the first source of funds for the recovery of damaged property prior to pursuing CDBG-DR funds.
Insurance Status. The applicant has identified insurance proceeds in the amount of $351,475 that is being proposed as a source of funds. The applicant should submit documentation to the GLO confirming the final amount of insurance proceeds.
Insurance Status. The applicant has not provided evidence of an outstanding insurance claim.
Insurance Status. The applicant has not provided information regarding an insurance claim filed on the property for damages suffered from Hurricane ▇▇▇▇▇▇. It is unclear whether insurance proceeds were received or if a claim was filed. No insurance proceeds were included as a source of funding for the rehabilitation of the development.
Insurance Status. The applicant has not provided evidence of an outstanding insurance claim or insurance proceeds for the reconstruction of damaged property. The application notes that demolition of damaged units was funded through a Small Business Administration Loan.
Insurance Status. The applicant has not provided evidence of an outstanding insurance claim for the property damage incurred on the project site. Debt & Financing: The application identifies financing in the amount of $4.15 million from Regions Bank. The annual debt service will be $267,434 and the resulting average debt coverage ratio is 1.17. This is below the standard threshold of 1.2 for this development.