Named Windstorm definition
Examples of Named Windstorm in a sentence
The limit for all other perils, including Named Windstorm, Wind, and Hail, must be equal to the Total Value for the entire Project at the site.
As respects any Designated Named Windstorm Occurrence only the portion of Named Windstorm Losses exclusive of any amount within any Quota Share Retention or subject to Retrospective Premium shall be taken into account as respects the Aggregation Limit.
Borrowers with coastal property in “Tier 1 and Tier 2” counties; must carry Named Windstorm coverage at full Replacement Cost.
There shall be an annual aggregate limit for the Named Insured as respects all Designated Named Windstorm Occurrences taking place during any calendar year equal to the Designated Named Windstorm Annual Aggregate Limit.
On a voluntary basis each Member may participate in funding for the loss retained under the deductible provision of its insurance policy that will be available in the event of a catastrophic occurrence as defined in the Named Windstorm or Earthquake section of the insurance policy.