Insured Perils definition
Examples of Insured Perils in a sentence
In the event of the Building and the Premises or any of them or any part of them being destroyed or damaged by any of the Insured Perils and the insurance money under any policy of insurance effected by reason of any act or default of the Tenant being wholly or partially irrecoverable then in every case to reimburse the Landlord the shortfall payable in reinstating the building on receipt of certified expenses (by the Landlord’s Architect) paid in reinstating the premises.
Not to carry on upon the Premises any trade or occupation nor to do any other thing which may make void or voidable the insurance of the Premises against the Insured Perils.
We insure these items against loss caused by fire, lightning, explosion, impact by aircraft of land vehicle, riot, vandalism and malicious acts as described under Insured Perils.
Insured Perils are adverse weather, disease, pests, or wildlife, or other uncontrollable natural perils, except as excluded in this Policy.
SECTION I — Insured Perils We insure risk of direct, sudden and accidental physical loss to the property described in Coverage A — Dwelling and Coverage B — Other Structures unless the loss is excluded elsewhere in this policy.
We will pay up to $20,000 for loss or damage to your Personal Property while contained in a Bank (or Trust Company) Safety Deposit Box caused by any of the Insured Perils which apply to Coverage C, Personal Property.
We are responsible only for the amount by which the loss or damage caused by any of the Insured Perils exceeds the amount of deductible shown on the Declaration Page in any one occurrence.
We pay only the amount by which the loss or damage caused by any of the Insured Perils exceeds the amount of the deductible in any one occurrence.
We are responsible only for the amount by which the loss or damage caused by any of the Insured Perils exceeds the amount of the deductible shown on the Coverage Summary page in any one occurrence.
We do not cover fees or costs for preparing any claim or estimate of loss or damage by the Insured Perils.