How We Settle Covered Loss Sample Clauses

How We Settle Covered Loss. Unless Contents Replacement Cost Coverage applies as shown in the Declarations, covered loss or damage to personal property will be settled for no more than the lesser of the following:
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How We Settle Covered Loss. Unless Contents Replacement Cost Coverage applies as shown in the Declarations, covered SM A Farmers® Company loss or damage to personal property will be settled for no more than the lesser of the following:
Sample 1

Related to How We Settle Covered Loss

  • REINSURANCE COVERAGE Reinsurance under this Agreement will apply to insurance issued by the Ceding Company on the Plans of Insurance shown in Schedule A. Such Plans of Insurance shall be reinsured with the Reinsurer on an automatic basis, subject to the requirements set forth in Section A below, or on a facultative basis, subject to the requirements set forth in Section B below, or on a facultative obligatory basis, subject to the requirements set forth in Section C below. The specifications for all reinsurance under this Agreement are provided in Schedule B.

  • Loss Settlement Covered property losses are settled as follows:

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