Examples of Total Insured Value in a sentence
Property designated as being within Flood Zone A or V (and any prefixes or suffixes thereof) by the Federal Emergency Management Agency (FEMA), or within a 100 Year Flood Plain as designated by the United States Army Corps of Engineers, will have a Special Flood Deductible equal to all flood insurance available for such property under the National Flood Insurance Program, whether purchased or not or 5% of the Total Insured Value at each affected location whichever the greater.
The deductible shall not be greater than five percent (5%) of the Total Insured Value (TIV).
Total Insured Value – Building* 1 12 Numeric Report whole dollar amounts only (no decimals).
Total Insured Value - BuildingThis is the total insured building limit for a Covered Policy or an individual risk within a Covered Policy that insures multiple risks.
Where the Total Insured Value over all interests of the risk in question is less than $250,000,000.