Examples of Insured Value in a sentence
Property designated as being within Flood Zone A or V (and any prefixes or suffixes thereof) by the Federal Emergency Management Agency (FEMA), or within a 100 Year Flood Plain as designated by the United States Army Corps of Engineers, will have a Special Flood Deductible equal to all flood insurance available for such property under the National Flood Insurance Program, whether purchased or not or 5% of the Total Insured Value at each affected location whichever the greater.
If the Finance Early Settlement Amount is greater than the Purchase Price of Your Vehicle, We will pay the difference – up to the Sum Insured – between the Insured Value and the Finance Early Settlement Amount.
Any actions taken in Your name regarding the Insured Value will not affect the payment of a claim under Your policy.
The Company’s liability to make payment shall be up to the Insured Value as specified in the Schedule for each item of Plate Glass.
Sum Insured Value shown in the Schedule which represents the maximum amount We will pay.