Scope of Cover definition

Scope of Cover. All risks of loss or damage on terms not inferior to the Norwegian Marine Insurance Plan of 1966 (and later versions) or equivalent international conditions including certain enhancements as may be determined as between the Charterer and Owner.

Scope of Cover means the operative time of the cover under this Policy as specified in the Schedule.

Scope of Cover. In accordance with the standard Rules of an International Group Protection and Indemnity Association Insured Interest: “MERIDIAN SPIRIT” being third party liabilities including pollution. Geographical Limits: World-wide.

Examples of Scope of Cover in a sentence

• Loss of Profits as a result of spoilage may be covered as an additional item by extending the Consequential Loss (fire) Insurance Policy subject to the following conditions: - a) Scope of Cover The cover shall extend to loss of Profits arising out of the spoilage, i.e. interruption of business solely as a result of (i) loss of stock-in-process; and (ii) damage to machinery containers and equipment.

• Loss of Profits as a result of spoilage may be covered as an additional item by extending the Consequential Loss (fire) Insurance Policy subject to the following conditions: - a) Scope of Cover The cover shall extend to loss of Profits arising out of the spoilage, i.e. interruption of business solely as a result of (i) loss of stock-in- process; and (ii) damage to machinery containers and equipment.

• The basis of assessment of claims shall be the legal liability, as admitted by the Insured with the prior written consent of the Company or in terms of an order of court of the competent jurisdiction, which is binding on the Insured on the happening of the events specified in the Scope of Cover, subject to compliance with the Policy Related Terms & Conditions under Part II of the Schedule.

• Scope of Cover: Universal Sompo’s General Insurance Company’s – Pradhan Mantri Fasal Bima Yojana seeks to provide financial support to farmers suffering crop loss/damage arising out of unforeseen events & stabilize the income of farmers.

• Scope of Cover We will pay to insured Daily expense reimbursement as mentioned in the schedule to enable insured to meet the cost of hired transport to reduce inconvenience, if insured vehicle is damaged by a peril covered and mentioned in section 1 of the policy.Insured vehicle is essentially required to be laid up in an authorized garage/ service station for repairs of accidental damages for more than 3 days.

More Definitions of Scope of Cover

Scope of Cover. Mortgagees Interest coverage in the broadest form as available from time to time within the London insurance market.

Scope of Cover. All risks of loss or damage from any cause not excluded (including machinery or electrical breakdown of all machinery, plant, computers, ancillary equipment and the like) in relation to the property and interests of every description used for or in connection with the ownership, maintenance and operation of the Plant. Geographical Scope: Anywhere on the Site and temporary removals elsewhere. Principal Extensions: Replacement/reinstatement basis of claims settlement; Architects’ and surveyors’ fees; Debris removal costs; Cost of labour and computer time expended in reproducing documents or computer records; Cost of computer equipment, data carrying media and other reinstatement of data; Capital additions; Expediting Expenses; Including Buy-back terrorism (which may be satisfied by separate cover); Temporary removal of stock and equipment (extended to worldwide, as appropriate); Additional costs of complying with public authority requirements (including undamaged portion of insured property caused by an insured peril); Loss resulting from damage to/destruction of alterations, additions, structures or new buildings while in the course of construction – £10,000,000 per contract; Clean-up of contaminated land and water on Insured’s premises; and Waivers of subrogation against any named insured. Principal Exclusions: War and civil war; Radioactive contamination; Unexplained shortages or mysterious disappearance; The cost of making good wear and tear, gradual deterioration, inherent vice or latent defect, flaws, deformation, distortion, cracks or partial fractures, defects in design, materials or workmanship but this shall not exclude subsequent damage resulting from an ensuing cause which is not otherwise excluded; Sonic bangs; Loss of or damage to vehicles licensed for road use, marine vessels or aircraft; and Loss or damage arising out of date recognition, but this shall not exclude subsequent loss or damage. Commencement Date: From the Restatement Date. Period: At least 12 months and at expiry annually renewable thereafter (or such longer period or shorter period as may be agreed by the Security Trustee). For the first year expiry will be 31st March, 2005.

Scope of Cover. The Policy covers Death of the animals arising out of – • Fire, Lightning, Explosion/Implosion • Aircraft Damage, Missile testing operations. • Riot, Strike, • Storm, Typhoon, Hurricane, Tornado, Flood and Inundation. • Earthquake • Famine • Surgical Operations • Accident • Disease contracted during the Policy period. • Pre existing diseases • Malicious or willful injury • Neglect, overloading, unskillful treatment or use of animal for purpose other than stated in the policy. • Accidents occurring and/or Disease contracted prior to commencement of risk. • Intentional xxxxxxxxx of the animal except where recommended by the order of lawfully constituted authority. • Theft and clandestine sale of the insured animal. • War and Nuclear related groups of perils. • Consequential loss of whatsoever nature

Scope of Cover. Indemnity in respect of legal liability of the Insured Parties in respect of death, injury, disease or physical damage to third parties or their property arising during the period of insurance and in connection with the Project. With respect to pollution, such liabilities shall be limited to pollution which results from sudden and accidental discharge. Limit of Indemnity: Not less than (i) Euro 10,000,000 per occurrence, if AMD Inc. maintains general liability insurance with a limit of coverage of not less than US$ 100,000,000 per occurrence, and amounts for deductibles of not greater than US$ 100,000 per occurrence (“General Liability Insurance”) if the General Liability Insurance complies (x) in all respects with the requirements for Third Party Legal Liability insurance referred to in this paragraph 2 and (y) with the obligations referred to in this Schedule 22 as the Security Agent may reasonably request as if each of the obligations referred to in this Schedule 22 were expressed to be the obligations of AMD Inc. with regard to such General Liability Insurance, or (ii) Euro 76,693,782. Commencement Date: The date as at which any risk or liability specified in this paragraph ceases to be covered by the insurances effected under 1(b) of Appendix t or, if earlier (in the case of any risk or liability not specified under the said ) (b)) the date on which such risk or liability arises. Deductibles: Not more than Euro 17,895 per occurrence in respect of loss or damage to property. No deductible for other claims. Principal Exclusions: None, other than usual and customary exclusions.”;

Scope of Cover. “All risks” of physical loss or damage, machinery damage and war risks, from any cause not otherwise excluded Insured Property: The asset to be known as Alpha Star Sum Insured: Market Value of the asset or 110% of the loan amount, whichever is the greater, subject always so that the Hull and Machinery sums insured is always greater than or equal to the outstanding Loans Maximum Deductibles: According to market practice and in any case not greater than USD 5,000,000 Geographical Limits: Not less wide than: (a) worldwide subject to any mandatory limitations or (b) the geographical limits being sufficient to comply with the operating contract

Scope of Cover means when the cover is operative under this Policy as stated in the Schedule.

Scope of Cover. “All risks” of physical loss or damage from any cause not excluded.