Standard policy definition

Standard policy a policy of insurance placed with Standard Insurers that would provide, subject to reasonable excesses, policy exclusions and conditions of cover: (a) insurance cover against the damage or destruction of the Premises by any of the Insured Risks; and (b) a waiver of all rights of subrogation that the insurers may have against the Landlord or any lawful occupier;
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Standard policy means a standard coverage owner's policy of title insurance.
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Standard policy means an automobile insurance policy including PIP coverage as provided in
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Examples of Standard policy in a sentence

  • Eligibility under the District’s Standard policy for insurability at the time of employment and for continued eligibility while employed.

  • New Policy (rewrite Standard to PRP)--The 30-day waiting period does not apply when an insured decides to rewrite the existing policy at the time of renewal from Standard to a Preferred Risk Policy (PRP), provided that the selected PRP coverage limit amount is no higher than the next highest PRP amount above that which was carried on the Standard policy using the highest of building and contents coverage.

  • In those cases where the Standard policy has only one kind of coverage, either building or contents only, the 30-day waiting period applies.

  • Standard policy is that proof of payment must be reconciled with the deposit for the enrolment to be finalized.

  • In addition, if the structure is no longer eligible under the PRP or the insured decides to rewrite the existing PRP at renewal time to a Standard policy, the 30-day waiting period does not apply provided the coverage limit amount is no more than the previous PRP coverage amount or the next higher PRP amount above that.

  • The 30-day waiting period does not apply when an insured decides to rewrite the existing policy at the time of renewal from Standard to a Preferred Risk Policy (PRP), provided that the selected PRP coverage limit amount is no higher than the next highest PRP amount above that which was carried on the Standard policy using the highest of building and contents coverage.

  • The written request from the Tenant must state that this factor is important to the decision of the Tenant to lease the Property.

  • Standard policy excess is €500 for own damage, Fire and Theft claims.

  • Where a Standard, policy or document is referred to in Panel Agreement Schedule 2 (Panel Services and Key Performance Indicators) by reference to a hyperlink, then if the hyperlink is changed or no longer provides access to the relevant Standard, policy or document, the Supplier shall notify the Authority and the Parties shall agree the impact of such change and take appropriate action.

  • Applicability: Pool and Spa draining into storm water or sanitary sewer systems.


More Definitions of Standard policy

Standard policy means an automobile insurance policy including PIP coverage as provided in N.J.S.A. 39:6A-4.
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Related to Standard policy

  • Standard Plan means the insurance plan with terms and conditions and the benefit schedule equivalent to the minimum compliant product requirements of VHIS, which are from time to time published and subject to regular review by the Government.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Safeguard Policy Statement or “SPS” means ADB's Safeguard Policy Statement (2009);

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • R&W Policy means a representation and warranty insurance policy for the benefit of Buyer obtained in connection with this Agreement on the terms described on Schedule 1.01 of the Buyer Disclosure Schedule.

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • CSR Policy means the present Corporate Social Responsibility Policy of the Company, which covers the activities to be undertaken by the Company as specified in Schedule VII to the Act and the CSR Expenditure thereon.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Procurement Policy means ADB’s Procurement Policy - Goods, Works, Nonconsulting and Consulting Services (2017, as amended from time to time);

  • Policy means Related Party Transaction Policy.

  • Standard & Poor s” or “S&P” means S&P Global Ratings, a division of S&P Global Inc., a corporation organized and existing under the laws of the State of New York, and its successors and assigns, and, if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, Standard & Poor's shall be deemed to refer to any other nationally recognized securities rating agency designated by the Issuer.

  • Standard means a document approved by a recognised body that provides for common and repeated use, rules, guidelines or characteristics for goods or services, or related processes and production methods, with which compliance is not mandatory. It may also include or deal exclusively with terminology, symbols, packaging, marking or labelling requirements as they apply to a good, service, process or production method;

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

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

  • Welcome Letter means the document entitled “welcome letter” containing important details about this group policy;

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • Procurement Policy Board or “PPB” shall mean the board established pursuant to Charter § 311 whose function is to establish comprehensive and consistent procurement policies and rules which have broad application throughout the City.

  • Standard Agreement Coversheet refers to the form used by the Judicial Council to enter into agreements with other parties. Several originally signed, fully executed versions of the Standard Agreement, together with the integrated Contract Documents, shall each represent the Agreement as an individual contract counterpart.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • The Policy means any insurance policy held by the Landlord for the Property or the Fixtures and Fittings.

  • 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 in an aggregate amount acceptable to Seller’s regulators.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.