Insurable Value definition

Insurable Value means the indemnity payable per unit lost that we specify before the Crop Year starts or that you select before the Crop Year starts from the choices we offer, as applicable;

Insurable Value means the dollar value for a given Crop Year, and which we use to calculate an indemnity for that Crop Year, and more particularly:

Insurable Value means replacement cost;

Examples of Insurable Value in a sentence

• Full Insurable Value shall mean actual replacement cost of the real property (exclusive of the cost of non-insurable portions thereof, such as excavation, foundations and footings).

• Such insurance shall cover the Demised Premises in an amount not less than the Full Insurable Value of the Demised Premises covering, at a minimum, the perils insured under the ISO Special Causes of Loss Form CP 10 30, or the equivalent, including coverage for loss caused by enforcement of ordinances or laws to the extent it is commercially available.

• Conditionsa) Our liability is limited to a maximum of the Sum Insured at the Situation as shown in the Certificate of Insurance.b) This clause will not apply if the amount of any Damage does not exceed 10% of the Sum Insured at the Situation.An illustrative but not exhaustive example of the application of this clause is set out below.The insured item has a Full Insurable Value of $200,000.Taking 80% of that Full Insurable Value = $160,000.

• Increase in building costs means the difference between the cost of reinstatement actually incurred in accordance with the settlement of claims provisions of this section, and the cost of reinstatement that would have applied had the event not occurred, and c) the Sum Insured for the Property Insured accurately reflects the Full Insurable Value.

• Catastrophe means an event causing Damage to Property Insured and declared by a government authority as a catastrophe or emergency.Debris means the residue of Damaged Property Insured excluding any material that is itself a Pollutant and which is deposited beyond the boundaries of the Situation.Full Insurable Value means the amount that would be required as the Sum Insured, sufficient to allow Us to fully indemnify You for a total loss within the terms of this section.Removal of debris means:1.

More Definitions of Insurable Value

Insurable Value means the indemnity payable per unit that we specify or that you select before the start of the Crop Year from the choices we offer, as applicable;

Insurable Value means the indemnity payable per unit lost which we specify before the Crop Year starts or which you select before the Crop Year starts from the choices we offer, as applicable;

Insurable Value means, as described on your Statement of Premiums and Coverages and for a given Crop Year:

Insurable Value means the amount of the Loan, etc. If the Loan, etc. is repaid in two or more installments, “Insurable Value” means the amount to be repaid

Insurable Value means the value of the property as ascertained for the purposes of insurance under this Act;

Insurable Value means the dollar value chosen by the customer as unit per acre.

Insurable Value means the value identified in the Rental Agreement Schedule as the value in respect of which the Hirer must maintain a policy of insurance for the Equipment while in the Hirer’s possession or control. Loss means Loss means any damage, loss, liability, cost, charge, expense, penalty, outgoing or payment and includes legal costs and expenses on a indemnity basis. Owner means Hastings Xxxxxxx (Australia) Limited ABN 49 054 094 647 of 00 Xxxxx Xxxx, Archerfield 4108 in the State of Queensland. PPSR means Personal Property Securities Register. PPSA means Personal Property Securities Xxx 0000 (Cth) (as amended or replaced from time to time). Renter Protection means an amount paid by the Hirer to reduce the Hirer’s financial liability in respect of the loss or damage to the Equipment, such amount being identified in the Rental Agreement Schedule.