Insured Item definition

Insured Item means a new item (a pair or set being one item) of personal property (not purchased by or for use by a business or for commercial purposes), for which the full Purchase Price is charged to the Card.
Insured Item means any item specified in the current Schedule.
Insured Item means any item of Machinery or Electronic Equipment specified in the current Schedule.

Examples of Insured Item in a sentence

  • Resulting from incorrect or inappropriate use of the Insured Item or costs incurred in rectification.

  • You will then be sent a claim form.For damage claims, You must obtain a written estimate of the cost to repair the Insured Item by a repair centre.You will be required to submit a completed claim form containing the time, place, cause and amount of loss and provide documentation to substantiate the claim, including the following:1.

  • The Account Holder will be entitled to receive no more than the full Purchase Price of the Insured Item as recorded on the Account receipt or Account statement.

  • Valid claims will be settled, at the Company’s sole option, either by replacing, repairing or rebuilding the Insured Item or by cash payment in an amount not to exceed the Purchase Price, subject always to the limits of liability.

  • Negligence of whatsoever nature resulting in damage to the Insured Item.


More Definitions of Insured Item

Insured Item means a new item (a pair or set being one item) of Business Property, for which the full Purchase Price is charged to the Card. “Occurrence” means a loss or losses arising from a single event or incident which
Insured Item means the insured item which you purchased, and which is identified in thecertificate of insurance as being covered under this policy;
Insured Item means as specified in the Schedule.
Insured Item means the device which you purchased and that is covered under this policy;
Insured Item means a postal packet the value of which has been declared to a universal service provider and in respect of which, in the event of its theft or loss or damage in the course of its conveyance by post, the universal service provider has agreed to pay to the sender the declared value or such lesser sum as is consistent with the provision of the service at affordable prices;
Insured Item means a new item (a pair or set being one item) of personal property for which the full Purchase Price is charged to an Account.
Insured Item means the item(s) stated in your certificate of insurance that are covered under this policy, which are the new or certified refurbished mobile phones or connected devices and accessories or peripherals that are an integral part of the original installation of the insured item and those that you purchased at the same time from Three;