Insured Premises definition

Insured Premises means the place named in the Schedule.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Insured Premises means the place(s) declared for insurance and named in the Schedule attached to the policy.

Insured Premises means the location shown on the "declarations".

Examples of Insured Premises in a sentence

• Mortgagor will keep the Insured Premises continuously insured as herein required and will deliver to Mortgagee the original of each policy of insurance required hereby.

• Mortgagor hereby assigns to Mortgagee the right to collect and receive any indemnity payment otherwise owed to Mortgagor upon any policy of insurance insuring any portion of the Insured Premises, regardless of whether Mortgagee is named in such policy as a person entitled to collect upon the same.

• No portion of any indemnity payment which is applied to the replacement, repair or restoration of any portion of the Insured Premises or which is released to Mortgagor shall be deemed a payment against any Indebtedness or any Obligations.

• The Insured is indemnified for claims made against him for and / or arising out of Injury and / or Damage to third party, but only against claims arising out of or in connection with the business specified in the Schedule occurring in the Insured Premises during the period of insurance and first made in writing against the Insured and notified to the Company during the Policy period.

• While on the Insured Premises -- This policy covers personal property, while on the insured premises, which is usual to the occupancy of the dwelling as a residence.

More Definitions of Insured Premises

Insured Premises means the property named in the Schedule so long as the use of the same is restricted to solely domestic purposes.

Insured Premises means: a) the residence premises; and b) under Section II only: 1) the part of any other premises, other structures and grounds used by you as a residence. This includes premises, structures and grounds you acquire for your use as a private residence while this policy is in effect; 2) any part of a premises not owned by an insured person but where an insured person is temporarily living; 3) cemetery plots or burial vaults owned by an insured person; 4) vacant land, other than farmland, owned by or rented to an insured person; 5) land owned by or rented to an insured person where a one, two, three or four family dwelling is being built as that person’s residence; 6) any premises used by an insured person in connection with the residence premises; 7) any part of a premises occasionally rented to an insured person for other than business purposes.

Insured Premises means the Insured Premises for residential use only and stated under the Schedule and the Tenancy Agreement.

Insured Premises means: a. the “described location”; b. that part of any other premises used by “you” as a residence and shown on the “declarations” as an “insured premises”; c. that part of any other premises used by “you” as a residence and that is acquired by “you” during the policy period for such use; d. premises used by “you” in connection with a premises described in a., b., or c. above; e. cemetery lots and burial vaults of an “insured”; f. that part of a premises not owned by an “insured” and that is temporarily used by an “insured” as a residence; g. that part of a premises occasionally rented to an “insured” for other than “business” purposes; and h. vacant land owned by or rented to an “insured”. This includes where a one- to four-family house, a townhouse, or a row house is being built for use as an “insured’s” residence. This does not include farm land.

Insured Premises means: a. the one to four family dwelling shown on the Declarations. This includes structures or parts of buildings where you reside; b. all other premises shown on the Declarations; c. all vacant land owned by or rented to an insured. This includes land where a residence is being built for the use of an insured. This does not include farm land; d. that part of a residence, acquired by you during the policy period, and to be used by you; e. your cemetery lots and your burial vaults or those of your resident relatives; f. that part of a premises not owned by an insured if it is temporarily used as a residence by an insured; g. all premises used by you in connection with your residence; h. all access ways adjoining the insured premises; and i. that part of premises occasionally rented to an insured for other than business purposes.

Insured Premises means the Insured Premises

Insured Premises means: a. the Farm Premises described in the Declarations; b. premises alienated by the named insured if possession has been relinquished to others. This does not include premises constructed for sale by the named insured; c. approaches and access ways immediately adjoining the insured premises.