Property Insured definition

Property Insured means Property as detailed in the Schedule and all belonging to You or for which You

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Property Insured means the computer and/or electronic equipment specified in the Schedule.

Property Insured means Specified Machinery, Blanket Machinery and/or Additional Machinery comprising of:

Examples of Property Insured in a sentence

• In case of a loss to Property Insured, if requested by Company, the “Certificate Holder” will: 1.

• Subject to Terms and Conditions of the Policy, the basis of settlement of any claim shall be the cost of repair if the Property Insured is partially damaged or the cost of replacement as new if it is totally lost or destroyed.

• The Property Insured is extended to cover clothing and/or personal effects (except jewellery, watches, furs, precious metals, precious stones) of the Insured and any proprietor, partner, director or employee of the Insured as a result of any theft or attempted theft involving violence or threat of violence to the Insured or any proprietor, partner, director or employee of the Insured happening in the course of their duties in the business of the Insured.

• In the event of loss, it shall be lawful and necessary for the “Certificate Holder”, his or their representative, to sue, labor and travel for, in and about the defense, safeguard and recovery of the Property Insured hereunder, or any part thereof, without prejudice to this insurance, nor shall the acts of the “Certificate Holder” or Company, in recovering, saving and preserving the Property Insured in the event of loss be considered a waiver or an acceptance of abandonment.

• If at the time of the happening of any loss or damage covered by this Policy there shall be subsisting any other insurance of any nature whatsoever covering the Property Insured or any part thereof, whether effected by the Insured or not, then the Company shall not be liable to pay or contribute more than its rateable proportion of any loss or damage.

More Definitions of Property Insured

Property Insured means: Buildings, Contents, Stock and Specified Items listed on the current Schedule and used in the Business.

Property Insured means the property described in the Schedule in respect of each section of this Policy.

Property Insured means Specified Items and/or Unspecified Items listed on the current Schedule under the General Property cover section.

Property Insured means all tangible property both real and personal shown as insured on the Schedule in respect of each Section and not otherwise excluded which belongs to You, or for which You are legally responsible, or have assumed responsibility to insure prior to the occurrence of any Damage.

Property Insured. This insurance covers the personal property of the “Certificate Holder”, or the property of others for which the “Certificate Holder” may be liable or have assumed liability prior to a loss, while in storage within the described storage space, or portable storage container, leased or rented by the “Certificate Holder”. Limit of Insurance: This Company shall not be liable in any one loss for more than $25,000 in respect to the “Certificate Holder’s” personal property within any one storage unit, subject to the coverage Limit selected in the “Rental Storage Contract”.

Property Insured means the Building and Common Contents normally at the Situation.

Property Insured means Office Contents, Stock in Trade and Tools of Trade limited to the Sum Insured stated in the Schedule.