Casualty insurance means each insurance against legal liability of the insured for bodily injury to or death of another person, including workers’ compensation insurance, and for damages to or loss or destruction of the property of another person; medical payments insurance when written in conjunction with insurance covering liability for the deaths or bodily injuries of another person; guaranteeing the fidelity of a person holding a position of public or private trust; loss of or damage to property caused by burglary, theft, larceny, robbery, fraud, or unlawful taking or secretion of property owned by or entrusted to the insured; loss of or damage to property of the insured resulting from the explosion of or damage to a fired or unfired boiler or other pressure vessel, engine, turbine, compressor, pump, wheel, or an apparatus generating, transmitting, or using electric power, and machinery or equipment connected with any of them; loss resulting from nonpayment of debts owed to merchants or another person extending credit.
Casualty insurance means fire and extended coverage insurance with respect to all buildings and improvements and, at Landlord's option, fixtures on the Demised Premises, insuring the interests of both Landlord and Tenant, in an amount equal to the full replacement cost thereof, with a "guaranteed amount" endorsement in lieu of any coinsurance clause and with coverage, at Landlord's option, by endorsement or otherwise, for all risks, vandalism and malicious mischief, sprinkler leakage, boilers, and rental loss, and with a deductible amount approved by Landlord. Landlord may require that such Casualty Insurance name any mortgagee or holder of a deed of trust as an insured party as its interest may appear. Tenant shall also be responsible for obtaining, at Tenant's option, cost and expense, insurance coverage for property of Tenant and for loss of sublease rents in the event of a casualty affecting the Demised Premises.
Examples of Casualty insurance in a sentence
Casualty insurance, including general and professional liability coverage.
Casualty insurance against legal liability, including liability for death, injury or disability and damage to real or personal property.
Casualty insurance contracts protect the Group’s customers against the risk of causing harm to third parties as a result of their legitimate activities.
Casualty insurance contracts protect the Company’s customers against the risk of causing harm to third parties as a result of their legitimate activities.
Shall be a New Jersey licensed Property and Casualty insurance producer who has demonstrated prior experience in the management of public insurance risks.
More Definitions of Casualty insurance
Casualty insurance means liability insurance. 634 (23) "Certificate" means evidence of insurance given to: 635 (a) an insured under a group insurance policy; or
Casualty insurance means insurance which is primarily concerned with the losses caused by injuries to third persons (i.e., not the policyholder) and the legal liability imposed on the insured resulting therefrom. It includes, but is not limited to, employers' liability, workers' compensation, public liability, automobile liability, personal liability and aviation liability insurance. It excludes certain types of loss that by law or custom are considered as being exclusively within the scope of other types of insurance, such as fire or marine.
Casualty insurance means liability insurance. 769 (23) "Certificate" means evidence of insurance given to: