Deductible Clause definition

Deductible Clause. We are responsible only for the amount by which the loss or damage exceeds the deductible percentage as shown on the Declarations Page. The amount of the deductible shall be that percentage applied to the total amount of earthquake insurance shown on the Declarations Page.
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Deductible Clause means a clause in an agreement between an employer and an insurer that the employer shall be liable for a specified initial amount, per occurrence or per employee, of each claim, loss or liability; but that the insurer shall be liable for any excess liability up to and including the maximum amount permitted by law.
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Deductible Clause. The Insurer is liable only for the amount by which the loss or damage caused by any of the perils insured exceeds the amount of $100.00 in any one occurrence LOSS OR DAMAGE NOT INSURED: This form does not insure:
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Examples of Deductible Clause in a sentence

  • The amount of the deductible shown in the Deductible Clause on the Declarations Page, as it applies to Glass Breakage only, is reduced to the deductible amount indicated in the Declarations Page in any one occurrence.

  • The amount shown on the declarations page for Deductible Clause 1 will be deducted from the combined amount of each loss under Coverage A (Dwelling) and Coverage B (Personal Property) that results from windstorm, hurricane or hail.

  • The amount of the deductible shown in the Deductible Clause on the Policy Declarations, as it applies to Glass Breakage only, is reduced to the deductible amount indicated in the Policy Declarations in any one occurrence.

  • In the event of the total loss of any articles which are part of a pair or set, the division agrees to pay the full amount of the value of such pair or set as determined by the valuation clause contained herein, subject otherwise to the applicable Deductible Clause set forth herein, and the state agrees, if such option is elected, to surrender the remaining article or articles of the pair or set to this Company.

  • In the event of the total loss of any articles which are part of a pair or set, this Company agrees to pay the state, at the option of the state, the full amount of the value of such pair or set as determined by the Valuation Clause contained herein, subject otherwise to the applicable Deductible Clause set forth herein, and the state agrees, if such option is elected, to surrender the remaining article or articles of the pair or set to this Company.

  • DEDUCTIBLE CLAUSE 3 The amount shown on the declarations page for Deductible Clause 3 will be de- ducted from the total amount of each loss under Coverage B (Personal Property).

  • Deductible Clause In any one occurrence, we are liable only for the amount by which the insured loss or damage exceeds the amount of the deductible shown on the Declaration Page.

  • DEDUCTIBLE CLAUSE 1 - WINDSTORM, HURRICANE AND HAIL - The amount shown on the declarations page for Deductible Clause 1 will be deducted from the combined amount of each loss under Coverage A (Dwelling) and Coverage B (Personal Property) that results from windstorm, hurricane or hail.

  • Deductible Clause No. 5 We cover only that part of any loss in excess of 5% of the Limit of Liability indicated on the declaration page of this policy.

  • Deductible Clause No. 3 We cover only that part of any loss in excess of 3% of the Limit of Liability indicated on the declaration page of this policy.


More Definitions of Deductible Clause

Deductible Clause means a clause in an agreement between an employer and an insurer that the employer
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