Examples of Insured Values in a sentence
PROPERTY INSURANCE (All Risks Coverage including Earthquake and Flood)INSURER Insured Values (Replacement Cost) -TYPE OF COVERAGE Building and Tenants’ Improvements $ POLICY NUMBER Contents and Equipment $ POLICY PERIOD From to Deductible Per Loss $ 4.
PROPERTY INSURANCE (All Risks Coverage including Earthquake and Flood)INSURER Insured Values (Replacement Cost) -TYPE OF COVERAGE Building and Tenants Improvement $ POLICY NUMBER Contents and Equipment $ POLICY PERIOD From to Deductible Per Loss $ 4.
PROPERTY INSURANCE (All Risks Coverage including Earthquake and Flood) INSURER Insured Values (Replacement Cost) -TYPE OF COVERAGE Building and Tenants Improvement $ POLICY NUMBER Contents and Equipment $ POLICY PERIOD From to Deductible Per Loss $ 4.
There are three types of Insured Values for Vehicles falling into categories A, B, and C (see the table under the ‘Types of vehicles we insure’ section).
If it shall appear to the Secretary of State that a substantial increase of Queen’s Enemy Risks has occurred or is likely to occur, he may determine that the Insured Values of all ships which are entered in the Association for insurance against the Queen’s Enemy Risks shall not be further changed without his consent.
If Insured Values / Sums Insured are too low and the Client is therefore under-insured, then average will apply.
If Insured Values / Sums Insured are too low and you are therefore under-insured, then the condition of an average will apply, which stipulates that if the value of the property is greater than the sum insured, then you shall bear the risk of the difference in value.
All Insured Values / Sums Insured provided by you are deemed by us to be adequate for your purposes and to include VAT at the prevailing rate (unless otherwise stated).
If the Secretary of State shall serve a General Premium Notice upon the Association, the Insured Values of all Entered Ships, which are insured by the Association in currencies other than Sterling, shall, for the purpose of insurance against the Queen’s Enemy Risks, be converted into Sterling and such Entered Ships shall thereafter be insured by the Association in that currency.
The Contractor shall use this report to determine if any policy limits need to be increased as a result of quarterly reported Total Insured Values.