Insurance unit definition

Insurance unit means all the insur­ able acreage of the Insured crop in the county at the time of planting ( l) in which the insured has a 100 percent interest, (2) which is owned by one person and operated by the insured as a tenant, or (3) which is owned by the insured and rented to one tenant. X<and rented for cash or for a fixed com­ modity payment or for any consideration other than a share in the crop on such land only shall be -considered as owned by the lessee.
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Insurance unit means (1) all the insurable acreage of the insured crops in the county in which the insured has 100 percentum interest at the time of planting, or (2) all the insurable acreage of the insured crops in the county which is owned by one person and is operated by the insured as a share tenant, or (3) all the insurable acreage of the insured crops in the county which is owned by the insured and is rented to one share tenant. However, if an applicant so elects on his acreage report on or before March 31, 1948 in the case of Goodhue County, Minnesota and April 17, 1948 in the case of Gratiot County, Michigan, any two or more insurance units may be combined into one insurance unit. Land rented for cash or for a fixed commodity payment shall be considered to be owned by the lessee. Adopted by the Board of Di­
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Insurance unit means all insurable acreage in the county of any one of the six citrus types (see (g) below) (1) in which type of citrus the insured has 100 percent interest on the date insurance attaches for the crop year and which is located on con­ tiguous land under the same ownership, or
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Examples of Insurance unit in a sentence

  • Dental Insurance (unit member and eligible dependents, to include spouse/domestic partner), providing coverage of a least $2,500 in network/$2,000 out of network maximum plan.

  • Review trading information received daily from Prudential's Group Life and Disability Insurance unit responsible for the administration of the Prudential Group Variable Life separate account or such other agent as Prudential may designate (the "Administrator").

  • DocuSign Envelope ID: 425444D5-102E-4F14-9BA9-DA4A8F205252 Responsible in Planning & Staffing for Insurance unit of the organization, holding strength of 6000+ employees.

  • The Company agrees to cede and Reinsurer agrees to accept and reinsure, the Ultimate Net Loss equal to 100% of the Affiliate Ultimate Net Loss (net of inuring reinsurance with respect to unearned premium (“UBI UEP”) assumed by Technology, MCIC, TUK, SNIC and TLIC from Trinity Universal Insurance Company as of June 1, 2008 and ceded to Company in connection with AmTrust’s acquisition of Unitrin, Inc.’s Unitrin Business Insurance unit (“UBI”).

  • Insurance unit will be reduced by the amount of the replanting will then attach to acreage having an payment.