Insured Expenses definition

Insured Expenses. Expenses covered by any Insurance Policy covering a Mortgage Loan.
Insured Expenses. Expenses covered by any insurance policy.

Examples of Insured Expenses in a sentence

  • Home Country Coverage (While Insured): Expenses incurred within the Covered Person’s Home Country while insured under the Policy will be considered as Covered Medical Expenses up to the limits stated in the Schedule of Benefits.

  • Reduction of Insured Expenses: It is binding on the Insured to reduce, as much as possible, the insured expenses during the indemnity period for the purpose of reducing the loss.

  • Insurance Proceeds: Proceeds paid by an insurer pursuant to any Insurance Policy, in each case other than any amount included in such Insurance Proceeds in respect of Insured Expenses.

  • Σis exact on modules of the type j p∗M since the action of θ on them is semisimple.(3) Γ is exact on V since V is affine.·rrTherefore, a short exact sequence 0 → Mj → M →Mrr → 0 of D P(V ) -modules induces a short exactsequence 0 → p∗Mj → p∗M → p∗M → 0.


More Definitions of Insured Expenses

Insured Expenses. Expenses incurred by the Servicer in connection with a Contract or Mortgage Loan under which the Obligor is in default, which expenses are covered by a Standard Hazard Insurance Policy and are paid by an insurer under any such policy.
Insured Expenses means expenses covered by any Insurance Policy.
Insured Expenses. Expenses incurred by the Servicer in connection with an Account under which the mortgagor is in default which are covered by any related Hazard Insurance Policy and are paid by the Hazard Insurer under any such policy.
Insured Expenses. Expenses covered by the Pool Insurance Policy, any Primary Credit Insurance Policy or the Special Hazard Insurance Policy, any replacement insurance policy or policies for any of the foregoing insurance policies for any of the foregoing insurance policies, or any other insurance policy with respect to the Contract.
Insured Expenses means amounts applied out of payments made by an insurer under an Insurance Policy to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the applicable Servicing Agreement.