Loss of Use definition

Loss of Use means the total and irrecoverable loss of function of an arm, hand, foot, leg or thumb and index finger of the same hand provided such loss of function is continuous for 12 consecutive months and such loss of function is thereafter determined on evidence satisfactory to Chubb Life to be permanent.
Loss of Use means total functional disablement and is treated like the total loss of said limb or organ.
Loss of Use means the amount paid to a Rental Agency to compensate it when a rental vehicle is unavailable for rental while undergoing repairs for damage incurred during the rental period.

Examples of Loss of Use in a sentence

  • The period of coverage for this Loss of Use shall be, at a minimum, the length of the original construction period of the applicable construction project.

  • Such insurance shall, unless otherwise agreed in writing by all persons and entities that are beneficiaries of such insurance, (a) be maintained until the construction project is complete, (b) include at least the interests of Lessor, Lessee, and any and all contractors, and (c) include Loss of Use insurance due to a covered loss, including Leasehold Interest Coverage in favor of Lessee subject to a minimum limit of twice the Rent due for the first Lease Year.

  • Coverage may not be extended for more than forty-eight (48) days by renewing or taking out a new rental agreement with the same or another Rental Agency for the same vehicle or another vehicle.• Coverage is limited to loss/damage to, or theft of a rental vehicle only up to the rental vehicle’s actual cash value plus valid Loss of Use charges.• The Cardholder must decline on the rental contract the CDW option or its equivalent offered by the Rental Agency.

  • Loss of Use, beyond 15 days, may be approved by the Contracting Officer subject to determining that the Contractor’s plan for return of the aircraft is fair and reasonable.

  • Loss of Use Insurance: The Jurisdiction, at the Jurisdiction's option, may purchase and maintain insurance to insure the Jurisdiction against loss of use of the Jurisdiction's property due to fire or other hazards, however caused.


More Definitions of Loss of Use

Loss of Use means total loss of ability to perform every action and service the arm, hand or leg was able to perform before the accident. No more that the principal sum will be paid for all losses resulting from one accident. No benefits are paid for injury or death resulting from:  suicide while sane or insane;  intentionally self-inflicted injury or suicide;  viral or bacterial infections, except pyogenic infections occurring through the injury from which loss is being claimed;  any form of illness or physical or mental infirmity;  medical or surgical treatment;  service, including part-time or temporary service, in the armed forces of any country;  war, insurrection or voluntary participation in a riot;  air travel serving as a crew member, or in aircraft owned, leased or rented by your employer, or air travel where the aircraft is not licensed or the pilot is not certified to operate the aircraft. The following additional benefits are also included; please see your employee booklet for details: Repatriation Benefit Occupational Training Benefit Identification Benefit Wheelchair Benefit Seat Belt Benefit Funeral Expense Benefit Education Benefit Hospital Confinement Benefit Workplace Modification Benefit Weekly Benefit Daycare Benefit Family Transportation Benefit Business Venture Benefit
Loss of Use means the amount paid to a Rental Agency to compensate it when a Rental Auto is unavailable for rental while undergoing repairs for damage incurred during the Coverage Period.
Loss of Use means Our loss calculated on a daily basis at the daily rate shown in the Rental Agreement because the Vehicle is being repaired or replaced if it is written off as a result of an Accident or it has been stolen.
Loss of Use means loss of, by physical severance, or total and permanent loss of the effective use of the part of the body referred to in the Table of Benefits.
Loss of Use means the total and irrecoverable loss of use provided the loss is continuous for 365 days and such loss of use is determined to be permanent at the end of such period.
Loss of Use means the loss of our right to use the Vehicle for any reason because of damage to it or loss of it during rental. Loss of use is calculated by multiplying the number of days from the date of damage to the Vehicle until it is repaired or replaced times the daily rental rate.
Loss of Use means total loss of ability to perform every action and service the arm, hand or leg was able to perform before the accident. No more that the principal sum will be paid for all losses resulting from one accident. Benefits are not payable if loss results from or was associated with:  suicide or self-destruction or any attempt thereat while sane or insane;  declared or undeclared war, insurrection or participation in a riot;  active full-time service in the armed forces of any country; and  air travel in any aircraft not properly licensed or flown by a pilot not properly certified. The following additional benefits are also included; please see your employee booklet for details: Repatriation Benefit Spousal Retraining Benefit Rehabilitation Benefit Seat Belt Benefit Education Benefit In-hospital Indemnity WAIVER OF PREMIUM PROVISION If an insured member becomes totally disabled before age 65, the group life, dependent life and accidental death and dismemberment, voluntary accidental death and dismemberment, and voluntary term life insurance may be continued to age 65 without payment of premiums. To have premiums waived, the employee must be totally disabled for at least six months, at which time claim forms must be submitted on a timely basis. Proof of prolonged disability may be required every year.