Common use of Master Key Clause in Contracts

Master Key. Coverage is provided for the reimbursement of the cost to replace lock(s) and key(s) at the “premises” insured made necessary by the actual destruction, disappearance or wrongful abstraction of master key(s) and/or lock(s) as the result of an insured peril damaging or destroying insured property.

Appears in 20 contracts

Sources: Commercial Package Insurance Agreement, Insurance Agreement, Insurance Agreement

Master Key. Coverage is provided for the reimbursement of the cost to replace lock(s) and key(s) at the “premises” premises insured made necessary by the actual destruction, disappearance or wrongful abstraction of master key(s) and/or lock(s) as the result of an insured peril damaging or destroying insured property.

Appears in 3 contracts

Sources: Bed & Breakfast Package Additional Agreements, Additional Agreements, Bed & Breakfast Package Additional Agreements

Master Key. Coverage is provided for the reimbursement of the cost to replace lock(s) and key(s) at the “premises” insured made necessary by the actual destruction, disappearance or wrongful abstraction of master key(s) and/or lock(s) as the result of an insured peril damaging or destroying insured property. In no event does this extension of coverage apply to customers’ keys at the “premises”.

Appears in 1 contract

Sources: Additional Agreements