Insured Locations definition
Examples of Insured Locations in a sentence
The basis of settlement in respect of loss resulting from interruption of or interference with the business carried on by the Insured at the Insured Locations consequent upon damage to machinery and plant shall be in accordance with Part 1 Section 2 of this Policy.
The Insured must record the reading of the water at the Insured Locations at intervals of not more than 7 days Fine Art damage to fine art.
For SECTION I, COVERAGE A, covered property includes only property while at the Premises described as Insured Location(s) in the Declarations.
Territory: Insured Location(s): As held on file with BMS Group Ltd.
This Policy is extended to cover sudden and accidental direct physical damage at any Insured Location(s) from a Covered Cause of Loss to equipment that you have leased or rented for your business and for which you are legally liable.
Chubbflex In the event of damage to property insured at the Insured Locations the Insured may, entirely at its own discretion, apportion the Chubbflex Limit of Liability shown in the Schedule between the following: Expediting Costs and Temporary Repairs the cost of ▪ making temporary repairs to; and ▪ expediting the repair, reinstatement or replacement of property insured subsequent to damage, necessarily and reasonably incurred by the Insured with the consent of the Company.
Loss Prevention Expenses the reasonable and necessary costs the Insured incurs to protect property insured and research and development property at the Insured Locations from imminent damage Fly Tipping the reasonable and necessary costs the Insured incurs to remove property left at an Insured Location without the Insured's permission.
In addition, no increase in limits or additional coverages will be provided for any Insured Location(s) threatened by such Named Storm until coverage for such Named Storm has been bound by written agreement between us and the Named Insured.
If there is a loss at an Insured Location that involves interdependency at one or more other Insured Locations, the loss, including any resulting interdependency loss, will be adjusted based on the Time Element coverage that applies at the Insured Location where the physical loss or damage covered by this Insurance occurred.
Temporary Removal Capital Additions for damage in so far as the same is not otherwise Insured, to: ▪ any newly acquired general contents or newly constructed buildings; or ▪ alterations additions and improvements to buildings subsequent to a certificate of completion; or ▪ alterations additions and improvements to general contents; at the Insured Locations, but not in respect of any appreciation in value during the current Period of Insurance.