Examples of Nominated Property in a sentence
However, if You are or would be entitled to claim any input tax credits for Your Nominated Property, We will reduce any claim by the amount of such input tax credits.
When You apply for this insurance, You will be advised whether the option is available for a specific item of Nominated Property.
Your Policy replaced another policy covering the Nominated Property and there has been no break in cover.Your Certificate will also show any other special conditions that apply to Your Policy.
Presidential Memorandum, “Withdrawal of Certain Areas of the United States Outer Continental Shelf from Leasing Disposition,” March 31, 2010, at http://www.doi.gov/whatwedo/energy/ocs/upload/ 2010alaska-mem-rel.pdf.
The amount for which You have insured each item of Nominated Property is called the ‘sum insured’ and will be shown on the Certificate with each item of Nominated Property.We pay up to the sum insured shown on the Certificate for each of Your items of Nominated Property.It’s important that You insure each item of Nominated Property for its full new replacement value, including GST.
We will also cover a Bicycle listed as Nominated Property on the Certificate and covered for ‘Theft cover anywhere in Australia’ for loss or damage occurring anywhere in Australia during the period of insurance directly caused by theft or attempted theft but only while the Bicycle is on common property or any other location provided that the Bicycle is securely locked through the frame of the Bicycle to an immoveable object.
Your sum insuredYou must choose the amount You want to insure each item of Nominated Property for.
Claim example 3 – loss or damage to Nominated Property– away from Your HomeYou insure a number of items as Nominated Property including a television with a sum insured of $1,500, a laptop with a sum insured of $3,000 and a microwave with a sum insured of $450.
Our choice will have regard to the circumstances of your claim and consider any preference you may have.If We decide to replace the item of Nominated Property, the replacement item may have a retail price that is less than the original purchase price of the item of Nominated Property.The replacement device will be determined by Us at Our sole discretion based on a current model device with equivalent specifications but may not be the same brand or model of device as Your item of Nominated Property.
Subject to clause 5.1.2, any fees or costs which are due to a tradesperson arranged in accordance with clause 5.1 for attendance and/or Make Safe Procedures at the Nominated Property, are payable by the Member or their Authorised Persons (as the case may be).