Amount Insured definition
Examples of Amount Insured in a sentence
The Insurance may provide that liability for Defence Costs in relation to a Claim that exceeds the Amount Insured is limited to the proportion of such Defence Costs that the Amount Insured bears to the total amount paid or payable to dispose of that Claim.
The Amount Insured for each and every Claim (exclusive of Defence Costs) must be at least €1,500,000 (one million five hundred thousand euro).
Marine and War Risk Hull & Machinery coverage (including 4/4ths Collision Liability) subject to an Amount Insured not less than the full value of the vessel.
Amount Insured shall be the full reinstatement or replacement value of the Plant.
Notwithstanding clause 3.2, liability for Defence Costs in relation to a Claim that exceeds the Amount Insured is limited to the proportion of such Defence Costs that the Amount Insured bears to the total amount paid or payable to dispose of the Claim.
Cover to be Given: Insurance of an Export Buyer Credit according to EGAP General Insurance Conditions type “D” Loan Amount: Lender: Overall Insured Amount: Insured Amount Percentage of cover given by the Insurer: Reinsurance Percentage: Special conditions: Recourse conditions: Amount of premium: Premium to be allocated to : Comments: The Environmental and Social Impact Assessment Procedure has been conducted.
The total Death Benefit remains level (unless the Minimum Amount Insured applies - see Minimum Amount Insured, below).
The Loan PRI Policy, with a Current Amount Insured for Principal equal to or greater than the aggregate principal amount of the Tranche A Loans outstanding plus the amount of the Tranche A Loans requested in accordance with the terms of the Notice of Disbursement, shall continue to be in full force and effect and all fees, premiums and other amounts payable in respect thereof shall have been paid in accordance therewith.
AND ______________________________, LLC PURSUANT TO SECTION 1.1 SCHEDULE OF ASSETS Status of Policy Type of Policy Face Premium Premium Number Policy Issuer Amount Insured Mode Payment ------ -------- ------ ------ ------- -------- ------- * Indicates a ▇▇▇▇▇▇ Policy OTHER ASSETS TO BE SCHEDULED SCHEDULE II TO ASSET PURCHASE AGREEMENT BY AND AMONG LIFE INVESTMENT FUNDING ENTERPRISES, INC.
Under Option B, the amount of life insurance at risk to the Company remains level (unless the Minimum Amount Insured applies - see Minimum Amount Insured, below) but the total Death Benefit includes the cash value.