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:
Sample 1Sample 2Sample 3
PERILS INSURED. This form insures against all risks of direct physical loss or damage, except as hereinafter provided.
Sample 1Sample 2Sample 3

Examples of PERILS INSURED in a sentence

  • PERILS INSURED AGAINST We insure for direct physical loss to the property covered caused by a peril listed below unless the loss is excluded in the General Exclusions.

  • PERILS INSURED AGAINST We insure for direct physical loss to the property cov- ered caused by a peril listed below unless the loss is excluded in the General Exclusions.

  • 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 AGAINST We insure against risk of direct loss to property described in Coverages A and C only if that loss is a physical loss to property caused by wind or hail as described and limited below unless the loss is excluded in General Exclusions.

  • PERILS INSURED AGAINST We insure against risk of direct loss to property described in Coverages A, B and C only if that loss is a physical loss to property caused by wind or hail as described and limited below unless the loss is excluded in General Exclusions.

  • We cover trees, shrubs, plants or lawns, on the “residence premises,” for loss caused by the following PERILS INSURED AGAINST: Fire or lightning, Explosion, Riot or civil commotion, Aircraft, Vehicles not owned or operated by a resident of the “residence premises,” Vandalism or malicious mischief or Theft.

  • You may use up to 10% of the limit of SECTION I - PERILS INSURED AGAINST liability that applies to Coverage A for We insure for direct physical loss to the property the increased costs you incur due to the described in Coverage A and C caused by any of enforcement of any ordinance or law the following perils unless the loss is excluded in which requires or regulates: Section I - Exclusions.

  • SECTION I - PERILS INSURED AGAINST Coverage E Personal Liability 13 Coverage F Medical Payments to Others.

  • PERILS INSURED This Form insures against all risks of direct physical loss or damage except as herein provided.

  • PERILS INSURED AGAINST We will provide coverage for all accidental, direct physical loss or damage to any trailer listed on the Declarations Page, but only while located in the United States, Puerto Rico or Canada.

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 comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • 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 The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, 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 agrees to pay a claim submitted to it by the insured for the insured's losses.

  • 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 means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

  • 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 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" "Bodily injury" or "property damage" arising out of a premises:

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

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • 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: