Total Insured Value definition

Total Insured Value means the sum of Coverage A, B, C and D for Business Covered as defined in the Business Covered Article.
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Total Insured Value as used herein shall mean the sum value of dwellings, other structures, contents and loss of use for each property risk reinsured hereunder.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2020 for business covered hereunder.
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Examples of Total Insured Value in a sentence

  • It is the mutual intention of the parties to exclude risks, other than Offices, Hotels, Apartments, Hospitals, Educational Establishments and Public Utilities (except Railroad Schedules), and Builders Risks on the above classes, where at the time of cession, the Total Insured Value over all interests exceeds $250,000,000.

  • The deductible shall not be greater than five percent (5%) of the Total Insured Value (TIV).

  • Within 45 days following the expiration of this Contract, the Company shall provide the Reinsurer with a report showing the Company’s final Total Insured Value.

  • It is agreed that this mutual intention does not apply to Contingent Business Interruption or to interests traditionally underwritten as Inland Marine or to Stock and/or Contents written on a blanket basis except where the Company is aware that the Total Insured Value of $250,000,000 is already exceeded for buildings, machinery, equipment and direct use and occupancy at the key location.

  • Notwithstanding anything contained herein to the contrary, it is the mutual intention of the parties in respect of bridges and tunnels to exclude such risks where the Total Insured Value over all interests exceeds $350,000,000.


More Definitions of Total Insured Value

Total Insured Value means the Company’s aggregate wind exposures on September 30, 2021 for business covered hereunder.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2024 for business covered hereunder.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2018 for business covered hereunder.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2025 for business covered hereunder.
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Total Insured Value means the amount declared on the Declaration of Insurance as Total Insured Value.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2023 for business covered hereunder.
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Total Insured Value means the Company’s total inforce policy limits.
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