Principal Home definition

Principal Home means the building located in Hong Kong occupied as a private dwelling by the Insured Person as his only permanent residence.
Principal Home means the sole residential property that an individual occupies as the individual’s primary residence, whether owned or rented by the individual.
Principal Home means, subject to paragraph (4), a residential property which an individual who is a borrower under a housing loan secured or to be secured on that residential property, occupies or intends to occupy as his or her principal residence or, where the housing loan is provided for the purpose of constructing a building, where the individual intends to occupy that building as his or her principal residence following completion of the building;

Examples of Principal Home in a sentence

  • Serious damage to the Insured Person’s Principal Home in Hong Kong arising from fire or flooding within 10 days from the departure date which requires the Insured Person’s continued presence on the premises.

  • Loss due to use of any key or duplicate thereof to gain access to the Principal Home irrespective whether the key belongs to the Insured Person.

  • If the Insured Person’s Principal Home in the Usual Country of Residence suffers loss of or damage to the Home Contents as a result of burglary accompanied by forcible and violent entry to or exit from the premises whilst the Principal Home is unoccupied during any Journey, the Company will pay the cost of replacement or repair of such Home Contents up to the maximum limit stated in the Table of Benefits.

  • An 'Only or Principal Home' is a dwellinghouse which is occupied continuously for a minimum period of six months in every twelve month period.

  • Informative note: This condition shall not preclude periods of occupation by visiting guests, but those visiting guests will not individually or cumulatively contribute towards the occupation of the property as a Principal Home.

  • If the Insured Person’s Principal Home in the Usual Country of Residence suffers loss of or damage to the Home Contents as a result of burglary accompanied by forcible and violent entry to or exit from the premises whilst the home is unoccupied during the Journey, the Company will pay the cost of replacement or repair of such Home Contents up to the maximum limit stated in the Table of Benefits.

  • Serious damage to the Principal Home of the Insured Person or Traveling Companion in Hong Kong from fire, flood, earthquake or similar natural disasters within the period of one (1) week before the Departure Date of the planned insured Journey which requires the Insured Person’s presence in the premises on the Departure Date of the insured Journey .5.

  • He was a member of the Indian Administrative Service and during his service, he inter alia, served as the Secretary in the Ministry of Road Transport and Highways and as Principal Home Secretary of State of Karnataka.

  • Principal Home of the Hobbs EaglesBoard of EducationMr. Gary Eidson – President Mrs.

  • He will liaise with individual students, teachers, Principal, Deputy Principal, Home School Liaison Officer, parents, outside agencies and other Year Heads as required.


More Definitions of Principal Home

Principal Home means a principal home as defined in section 19-71(e) Hawaiʻi County Code.”
Principal Home means the house or building located in Hong Kong occupied as a private dwelling by the Insured Person as his/her only permanent / primary residence.
Principal Home means an Insured Person’s primary place of residence in Hong Kong.

Related to Principal Home

  • Motor home means every private motor vehicle with a normal seating capacity of not more than 10

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.