Property Insured definition

Property Insured means the computer and/or electronic equipment specified in the Schedule.

Property Insured means Specified Machinery, Blanket Machinery and/or Additional Machinery comprising of:

Property Insured means all tangible property both real and personal shown as insured on the Schedule in respect of each Section and not otherwise excluded which belongs to You, or for which You are legally responsible, or have assumed responsibility to insure prior to the occurrence of any Damage.

Examples of Property Insured in a sentence

• If the Property Insured covered by the other insurance is subject to a provision excluding proportional payment in whole or in part, the payment We make will be limited to the proportion of loss, destruction or damage as the Sum Insured bears to the value of the property.

• The Insured shall give written notice as soon as practicable to the Insurer(s) of any other insurance or insurances effected covering the Property Insured.

• You shall take immediate steps to effect additions to or variations in the protections of the Property Insured as We may require.

• This exception will not apply to other Property Insured which is free of the defective condition but is damaged as a result.

• Property Insured will not be considered as having suffered Damage solely by virtue of the existence of any defect in design, plan, specification, materials or workmanship in, or in any part of, that Property Insured.

More Definitions of Property Insured

Property Insured means the property described in the Schedule in respect of each section of this Policy.

Property Insured means: Buildings, Contents, Stock and Specified Items listed on the current Schedule and used in the Business.

Property Insured means Specified Items and/or Unspecified Items listed on the current Schedule under the General Property cover section.

Property Insured means the Building and Common Contents normally at the Situation.

Property Insured means Property as detailed in the Schedule and all belonging to You or for which Youare responsible but excluding:

Property Insured means Office Contents, Stock in Trade and Tools of Trade limited to the Sum Insured stated in the Schedule.

Property Insured means Specified Machinery and Unspecified Machinery.