Coverage Part definition

Coverage Part means only those coverage parts designated in the Declarations as “Included” in this Policy and attached hereto.

Coverage Part means the section of the coverage agreement setting forth the terms, definitions, conditions, and limitations of indemnification for the risk described. Coverage part may also refer to an extension of coverage or additional coverage within a coverage part.

Coverage Part means each coverage part that is listed as purchased in Item 2. of the Declarations.

Examples of Coverage Part in a sentence

• If the insured has rights to recover all or part of any payment we have made under this Coverage Part, those rights are transferred to us.

• The Limits of Insurance of this Coverage Part apply separately to each consecutive annual period and to any remaining period of less than 12 months, starting with the beginning of the policy period shown in the Declarations, unless the policy period is extended after issuance for an additional period of less than 12 months.

• A person or organization may sue us to recover on an agreed settlement or on a final judgment against an insured; but we will not be liable for damages that are not payable under the terms of this Coverage Part or that are in excess of the applicable limit of insurance.

• Bankruptcy or insolvency of the insured or of the insured's estate will not relieve us of our obligations under this Coverage Part.

• A person or organization may sue us to recover on an agreed settlement or on a final judgment against an insured; but we will not be liable for damages that are not payable under the terms of this Coverage Part or that are in excess of the ap- plicable limit of insurance.

• If any person or organization to or for whom we make payment under this Coverage Part has rights to recover damages from another, those rights are transferred to us to the extent of our payment.

• To sue us on this Coverage Part unless all of its terms have been fully complied with.

• That representative will have all your rights and duties under this Coverage Part.

• We will share the remaining loss, if any, with any other insurance that is not described in this Excess Insurance provision and was not bought specifically to apply in excess of the Limits of Insurance shown in the Declarations of this Coverage Part.

• All of the terms of this Coverage Part will then apply directly to the mortgageholder.

More Definitions of Coverage Part

Coverage Part means each of the following Coverage Parts of this Policy: Network Security and Privacy Liability Coverage Part, Media Liability Coverage Part, Data Incident Response Expense Coverage Part, Business Interruption Coverage Part, and Cyber Extortion Coverage Part. When used in the plural, this term means all such Coverage Parts.

Coverage Part means one of the four divisions within this cover section, comprising: Coverage Part 1 – Directors & Officers Liability; Coverage Part 2 – Employment Practices Liability; Coverage Part 3 – Statutory Liability; Coverage Part 4

Coverage Part means each Coverage Part purchased by the Insured as set forth in Item 4. of the Declarations.

Coverage Part means those coverage parts purchased by the Insureds as set forth in Item 3 of the Declarations of the General Terms and Conditions.

Coverage Part means the EPACK Extra Crime Coverage Part.

Coverage Part means the GENERAL TERMS AND CONDITIONS PART, the Investment Adviser Management Liability Coverage Part, the Investment Adviser Professional Liability Coverage Part, the Investment Company Liability Coverage Part, the Private Fund Liability Coverage Part, the Employment Practices Liability Coverage Part, and the Fiduciary Liability Coverage Part, but only if such Coverage Part is purchased, and shown in the Declarations.