PERILS INSURED definition

PERILS INSURED. This form insures against all risks of direct physical loss or damage, except as hereinafter provided DEDUCTIBLE CLAUSE: The insurer is liable only for the amount by which the loss or damage caused by any of the perils exceeds the amount of $100 in any one occurrence. LOSS OR DAMAGE NOT INSURED: This form does not insure:
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PERILS INSURED. This form insures against all risks of direct physical loss or damage, except as hereinafter provided.
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Examples of PERILS INSURED in a sentence

  • SECTION I - DEFINITIONS SECTION II – PERILS INSURED AGAINST In this policy, “you” and “your” refer to the “named insured” shown in the Declarations and if the “named insured” is an individual, the spouse if a resident of the same household.

  • Loss caused by “Nuclear Hazard” will not be considered loss caused by fire, explosion, or smoke, whether these perils are specifically named in or otherwise included within SECTION I- PERILS INSURED AGAINST.

  • PERILS INSURED This Section One insures against all risks of direct physical loss of or physical damage to the property insured from any external cause except as hereinafter excluded.

  • The SECTION I – PERILS INSURED AGAINST section is deleted and replaced by the following:We insure against risk of direct physical loss to property described in COVERAGE A – Dwelling and COVERAGE C– Personal Property, only if that loss is a physical loss to property.

  • ADDRESS: 000 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 EFFECTIVE DATE: 12/1/00 to 12/1/01 PERILS INSURED: All Risk Property excluding Boiler & Machinery and including Flood and Earthmovement INTEREST: All Real and Personal Property owned or used by the Insured and similar Property of Others for which they are legally liable or have assumed liability or agreed to insure.

  • The following is added to SECTION I – PERILS INSURED AGAINST: Sinkhole Loss.

  • Move must be performed by carrier indicated on Certificate of Insurance unless prior approval is granted by a Baker International representative or coverage may become null and void.1. PERILS INSURED: This certificate insures against all risk of direct physical loss or damage to the property from any external cause except as hereinafter excluded.

  • PERILS INSURED AGAINST: This POLICY covers the property insured hereunder against all risks of direct physical loss or damage to covered property while at INSURED LOCATIONS occurring during the Term of this POLICY, except as hereinafter excluded or limited.

  • PERILS INSURED: This policy insures against all risks of direct physical loss or damage, except as hereinafter excluded, occurring during the Policy Period.10.

  • PERILS INSURED AGAINST - SECTION I We cover risks of accidental direct physical loss to property (1) theft committed by any insured or by any other person described in Coverage A - Dwelling and Dwelling Extension, and regularly residing on the insured premises; Coverage B - Personal Property when caused by a peril listed (2) theft from the insured premises while the dwelling is below, unless the loss is excluded in this policy.

Related to PERILS 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 means the Executive.

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

  • 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.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Property Insurance is defined in Section 6.10(a).

  • 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.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • 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.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Blanket insurance policy means a group policy covering a defined class of

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

  • Casualty insurance means liability insurance.

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

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Insureds Premises Not An "Insured Location" a. Owned by an "insured"; b. Rented to an "insured"; or c. Rented to others by an "insured"; that is not an "insured location";

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

  • 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.

  • 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;

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

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

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

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to: