Insured or Insured definition

Insured or Insured s” means the person named in the Policy as the policyholder and/or his family.
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Insured or Insured s” means the person named in the Policy as the Policyholder and/or his family, and/or his Partners, and/or Directors and/or Karta of HUF, and the like.
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Examples of Insured or Insured in a sentence

  • This is because these services are not provided by the Insurer.Further, no liability can be accepted for inability to provide any benefits or advice due to breakdown or failure of the telephone network.There may be an additional charge payable by the Insured or Insured Person for the use of these additional services.

  • It is the duty of the Insured or Insured Person to inform Us if any claim payment does exceed these limits.

  • The Insured may access these services at any time during the Period of Insurance, although the Insurer will not be liable to the Insured or Insured Person for any Legal Expenses or other costs or expenses, loss or damage incurred as a result of using the services or any advice received from the provider of these services.

  • If the Insurer alleges that by reason of this exclusion any loss damage cost or expense is not covered the burden of proving the contrary shall be upon the Insured or Insured Person, as applicable.

  • The Sum Insured or Insured Monthly Benefit will never be increased pursuant to this condition.

  • It is the duty of the Insured or Insured Person to inform Us if any claim payment does exceed these limits.Payment will be proportionately reduced until these limits are not exceeded.

  • The terms and conditions of this Policy so far as they contain any provision to be observed or complied with by the Insured or Insured Person or by any person on behalf of them or either of them shall in so far as is practicable having regard to the nature thereof be conditions precedent to the liability of the Company hereunder.

  • On the happening of any Event for which Compensation is payable under this Policy the Insured or Insured Person shall employ the services of a registered medical practitioner and the Insured Person shall undergo any treatment such practitioner shall deem necessary.

  • If You have selected either stepped or level premiums You may not convert to optimum premiums or vice versa.Premiums will change if:• You request a change in Your Sum Insured or Insured Monthly Benefit;• You choose to have Your Sum Insured or Insured Monthly Benefit automatically increased each year to keep pace with inflation (see condition 2.17); or• premium rates are reviewed (see condition 2.5.7).

  • As a condition precedent to the Company’s liability, the Insured, the Insured Person or his/her representatives shall co-operate fully with the Company and its medical advisers and will fully and faithfully disclose all material facts and matters which the Insured and/or Insured Person knows or ought to know and will upon request execute any document to empower the Company to obtain relevant information, at the Insured or Insured Person’s expense, from any doctor or Hospital or other source.

Related to Insured or Insured

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • Additional Insured is defined in Section D of Annex D to the Lease.

  • Insured Casualty has the meaning set forth in Section 5.1(x)(iv)(B).

  • Insured Persons means one or more natural persons who were, now are, or shall hereafter be duly elected or appointed directors, trustees, officers, employees, committee members or volunteers of the Insured Organization, or, with respect to a Subsidiary operating outside the United States, their functional equivalent, regardless of title. It also means one or more natural persons who were, now are, or shall hereafter be duly elected or appointed directors, trustees, officers, employees, committee members or volunteers of any Property Manager, but only if

  • Industrial insured means an insured:

  • Insured means the Executive.

  • Insured Property means the vessel, including the power units, accessories and equipment. “Parasailing” means using your vessel to tow a person in a device designed for flight. “Waterskiing” means using your vessel to tow a person on water skis or flotation devices.

  • The Insured means the person specified as such in the Schedule.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Named Insured means the person or organization named in Item 1 of the Declarations.

  • Insured Trust means a Trust which is comprised entirely of Pre-Insured Bonds and/or Bonds as to which such Trust has obtained Portfolio Insurance.

  • Self-insured retention means the individual own risk employer's or group self-insurance association's retained amount of risk under a specific excess insurance policy, before the liability is transferred to an insurance carrier.

  • full insurable value means one hundred percent (100%) of the actual replacement cost of the Property (excluding foundation and excavation costs and costs of underground flues, pipes, drains and other uninsurable items).

  • Fully insured means that 100 percent of the deposit amount is covered by an effective deposit insurance scheme. Deposit balances up to the deposit insurance limit can be treated as “fully insured”. However, any amount in excess of the deposit insurance limit is to be treated as ‘less stable’. For example, if a depositor has a deposit of BD 150,000 that is covered by a deposit insurance scheme, which has a limit of BD 100,000, where the depositor would receive at least BD 100,000 from the deposit insurance scheme if the bank were unable to pay, then BD 100,000 would be considered “fully insured” and treated as stable deposits, while BD 50,000 would be treated as less stable deposits.

  • Insured Event means (a) Accidental Damage to Your Covered Equipment and/or (b) Battery Depletion and/or (c) the need to use Technical Support, which occurs during the Coverage Period.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Insured Loss means damage or destruction to improvements on the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which was caused by an event required to be covered by the insurance described in Paragraph 8.3(a), irrespective of any deductible amounts or coverage limits involved.

  • First party insurance means an insurance policy or contract in which the insurer

  • Excess insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Environmental Insurance Policy With respect to any Mortgaged Property securing a Serviced Mortgage Loan or any Administered REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgaged Property or Administered REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

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