Earthquake Insurance definition

Earthquake Insurance means a policy satisfactory to Lender with a deductible of no greater than 5% of the "Replacement Cost" (as defined below) and in an amount calculated as follows: (i) the Loan Amount plus (ii) the Specified Loss minus (iii) 90% of the market value of the Property as determined by Lender in its sole discretion.
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Earthquake Insurance means insurance against the loss of, or damage to, property caused by an earthquake or underground movements by natural causes.‌‌‌‌‌‌‌‌‌‌
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Earthquake Insurance means a policy satisfactory to Lender with a deductible of no greater than 5% of the Replacement Cost and in an amount calculated as follows: (i) the Loan Amount plus (ii) the Specified Loss Dollar Amount plus (iii) 5% of the Replacement Cost minus (iv) 90% of the Market Value.
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Examples of Earthquake Insurance in a sentence

  • Therefore, healthcare bodies and any other public or private entity may not disseminate, via websites or other channels, the names of individuals found to be affected by COVID-19 or placed under home confinement for the purpose of containing the spread of the epidemics.In Italy, on 30 March the Data Protection Authority issued preliminary indications on e-learning92 in the context of the emergency situation due to COVID-19.

  • Reserves for liabilities Insurance reserves provided for insurance contracts should be audited by the actuaries certified by the FSC and should also conform to the Regulations Governing the Setting Aside of Various Reserves by Insurance Enterprises, Regulations for the Management of the Various Reserves for Compulsory Automobile Liability Insurance, Enforcement Rules for the Risk Spreading Mechanism of Residential Earthquake Insurance and the Regulations for the Reserves for Nuclear Energy Insurance.

  • A policy effective date more than 90 days following the date of signature of the CEA Earthquake Insurance Application must not be accepted.

  • Earthquake Insurance In Place (Y/N) Insurance Summary Yes or No, as stated on the Insurance Certificates.

  • Elliott Mitter, “Alternative National Earthquake Insurance Programs,” Earthquake Spectrum, August 1991, vol.

  • Nevada Consumer’s Guide to Earthquake Insurance - http://doi.nv.gov/uploadedFiles/doinvgov/_public-documents/News-Notes/ EarthquakeInsurance_B.pdfNEVADA DIVISION OF INSURANCE – 2015 INSURANCE MARKET REPORT 23Exhibit XI represents Nevada’s medical professional liability experience reported on the insurers’ Annual Statements, filed with the National Association of Insurance Commissioners (NAIC), for calendar year 2013.

  • Earthquake Insurance In Place (Y/N) Insurance Summary “Yes” or “No”, as applicable, as stated on the Insurance Summary.

  • Residential Earthquake Insurance Take-UpSince its inception, CEA has worked to increase policy take-up.

  • Unearned premium reserve for the policy-related residential earthquake insurance contracts is provided in conformity with the Enforcement Rules for the Risk Spreading Mechanism of Residential Earthquake Insurance.

  • Loss reserve for policy-related residential earthquake insurance contracts is provided in conformity with the Enforcement Rules for the Risk Spreading Mechanism of Residential Earthquake Insurance.


More Definitions of Earthquake Insurance

Earthquake Insurance means insurance against loss of or damage to property caused by an earthquake; "employer's liability insurance" means insurance against liability arising out of bodily injury to, or the disability or death of, an employee of the insured occurring as a result of or in the course of the employment, and, if included in a contract that provides insurance against liability arising out of bodily injury to, or the disability or death of, an employee of the insured, includes insurance coming within the class of personal accident insurance covering an employee of the insured where the insurance is limited to accidents occurring as a result of or in the course of the employment, whether or not liability exists;
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Earthquake Insurance means insurance against loss of or damage to property caused by an earthquake;
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Related to Earthquake Insurance

  • Earthquake insurance, if the Leased Property is currently, or at any time in the future, located within a major earthquake disaster area, in amount, and in such form and substance and with such limits and deductibles as are satisfactory to Landlord; and

  • windstorm means straight line winds of at least 80 miles per

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Fire means the emission of flames from the vehicle. Sparks and arcing shall not be considered as flames.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Flood or “Flooding” means a general and temporary condition of partial or complete inundation of normally dry land areas from:

  • Blanket insurance policy means a group policy covering a defined class of

  • Franchise insurance means an individual insurance policy provided through a

  • Vandalism means destruction of or damage to a Project Asset deliberately

  • Boiler means an enclosed fossil or other fuel-fired combustion device used to produce heat and to transfer heat to recirculating water, steam, or other medium.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Sinkhole means a surface depression caused by a collapse of soil or overlying formation above fractured or cavernous bedrock.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • Explosion means the sudden release of energy sufficient to cause pressure waves and/or projectiles that may cause structural and/or physical damage to the surrounding of the vehicle."

  • Industrial insured captive insurance company means a company that insures risks of the industrial insureds that comprise the industrial insured group and their affiliated companies.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Insurance score means a number or rating that is derived from an algorithm, computer application, model, or other process that is based in whole or in part on credit information for the purposes of predicting the future insurance loss exposure of a consumer.

  • Hazard means a source of or exposure to danger;

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.