property insurance business definition

property insurance business means the business of effecting and carrying out contracts of insurance against risks of loss of or damage to property, not being risks of such kinds that the business of effecting and carrying out contracts of insurance against them constitutes marine, aviation and transport insurance business or motor insurance business.
property insurance business means the issue of, or the undertaking of liability under, policies of insurance against loss or damage to real or personal property of every kind and interests therein from any hazard or cause, or against loss consequential upon such loss or damage, not being risks the insurance of which is motor vehicle insurance business or marine, aviation and transit insurance business;
property insurance business means the issue of, or the undertaking of liability under policies of insurance against loss or damage to real or personal property of every kind and interests therein, from any hazard

More Definitions of property insurance business

property insurance business means the business of effecting and carrying out contracts of insurance against risks of loss or damage to property or against loss consequential upon such loss or damage, not being risks of such kinds that the business of effecting and carrying out contracts of insurance against them
property insurance business means the issue of, or the undertaking of liability under, policies of insurance…”

Related to property insurance business

  • Property Insurance is defined in Section 6.10(a).

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Casualty insurance means liability insurance.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • general insurance business means any class of insurance business other than long-term insurance business;

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Credit property insurance means insurance:

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Company Insurance Policies has the meaning set forth in Section 3.14.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • First party insurance means an insurance policy or contract in which the insurer

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Coverage Area means the area described in the Website for which Nearmap has available Products, which may cover part or all of that area and which may cover part (but not all) of the area covered by the Survey.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Affordable Housing Cost means an amount satisfied by:

  • Blanket insurance policy means a group policy covering a defined class of

  • Asset Coverage means “asset coverage” of a class of senior security which is a stock, as defined for purposes of Section 18(h) of the 1940 Act as in effect on the date hereof, determined on the basis of values calculated as of a time within 48 hours (only including Business Days) next preceding the time of such determination.

  • Franchise insurance means an individual insurance policy provided through a

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.