Underinsured Motorist definition

Underinsured Motorist means an owner or operator of a vehicle who is legally liable for the injury or death of an insured but is unable, when the injury or death occurs, to pay the full amount of damages recoverable by the insured or his personal representative in respect of the injury or death.
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Underinsured Motorist means a driver who causes an accident and has at least minimum legally required motor vehicle liability insurance, but the insurance does not have payment limits high enough to cover the damage they caused.
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Underinsured Motorist coverage is not provided by the policy except in states where required by law up to a maximum amount of $100,000 or in amounts as required by law • The policy does not provide "No Fault" and other supplemental or optional coverages • Punitive or exemplary damages to the extent permitted by law. Are there any special restrictions on the purchase of SLI? In Florida, SLI cannot be purchased if the term of the Rental Agreement is more than 30 days, coverage cannot be provided for more than 30 consecutive days; and if the Rental Agreement extends beyond 30 days, coverage may be extended one time only, for a period not to exceed 30 days. This is just a summary of SLI. The specific terms, conditions and exclusions thereof are subject to all provisions, limitations and exclusions contained in the rental agreement and the SLI policy issued by ACE American Insurance Company, one of the United States-based subsidiaries of ACE Limited . (NYSE: ACE) "ACE" and the ACE logo are service marks of the ACE Group, which is comprised of ACE Limited and its subsidiaries. This summary is not intended to provide a complete description of the terms, conditions and exclusions of the policy. For more details, we invite you to review a copy of the policy, which is available for inspection, upon request, at the MiamiXperience / GRUPO XXXX USA LLC location where you are renting. Employees, agents or sponsors of MiamiXperience / GRUPO XXXX USA LLC are not qualified to evaluate the adequacy of existing renter's coverage. BOAT CANCELLATION POLICIES: Free cancellations up to 7 days before the start date of the reservation. 50% refund for cancellations between 3 and 7 days before the start date of the reservation. Cancellations within 3 days of the reservation start date are non-refundable. No show (15 minutes late) = no refund If 2 hours before the appointment, there is a 70% chance of rain for more than half of the trip, I will give you 3 options:
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Examples of Underinsured Motorist in a sentence

  • After the termination of this Agreement, Recipient agrees to maintain the confidentiality of the PHI as set forth in this Agreement and the Privacy Standards.

  • To the extent that Blue Cross of Idaho, on behalf of the Trust provides or pays benefits for Covered Services, Blue Cross of Idaho's rights of subrogation and reimbursement extend to any right the Participant has to recover from the Participant's insurer, or under the Participant's "Medical Payments" coverage or any "Uninsured Motorist," "Underinsured Motorist," or other similar coverage provisions, and workers' compensation benefits.

  • To the extent that Blue Cross of Idaho, on behalf of the Plan Administrator provides or pays benefits for Covered Services, Blue Cross of Idaho's rights of subrogation and reimbursement extend to any right the Participant has to recover from the Participant's insurer, or under the Participant's "Medical Payments" coverage or any "Uninsured Motorist," "Underinsured Motorist," or other similar coverage provisions, and workers' compensation benefits.

  • Any payment made under this Uninsured or Underinsured Motorist Coverage shall reduce the amount that person is entitled to receive for the same element of loss under Liability Coverage and First Party Benefits Coverage of this policy.

  • If there is other applicable Uninsured or Underinsured Motorist Coverage, the damages the “insured” is entitled to recover under this Part V shall be deemed not to exceed the highest limit of any applicable coverage.

  • AultCare’s Subrogated rights include any Claim You have to receive payments from the person or entity who caused the illness or injury, that person’s or entity's insurer, any "Uninsured Motorist," any "Underinsured Motorist," any “Medical Payments,” any “No-Fault" payment, and any other similar Coverage provisions.

  • If Uninsured and/or Underinsured Motorist Coverage is attached, then the following exclusion is added:Vehicle Sharing Program:This insurance does not apply to any covered “auto” while enrolled or participating in a vehicle sharing program under the terms of an express agreement.

  • It also means anyone who, under Saskatchewan law, would have the right to bring an action against the Underinsured Motorist, if the accident had happened in Saskatchewan, for damages because of bodily injury to You or Your death.

  • Any amounts for punitive, exemplary, aggravated or other non-compensatory damages caused by the conduct of the Underinsured Motorist or any other person who is jointly liable.

  • Our maximum liability under this Part for any one occurrence, regardless of the number of claims which arise from the occurrence, is the amount by which the Limit of Family Security Protection exceeds the total of all Limits of Motor Vehicle Liability Insurance of the Underinsured Motorist and all Limits of Motor Vehicle Liability Insurance of any jointly liable person.


More Definitions of Underinsured Motorist

Underinsured Motorist means the owner or operator of a motor vehicle whose ownership, operation, maintenance or use of that motor vehicle is insured by a bodily injury liability bond or policy at the time of the accident, but its limits of liability for bodily injury:
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Underinsured Motorist. “Medical-Payments”, “No-Fault”, or “Personal Injury Protection” or other insurance coverage provision as a result of injury or illness caused by another. Regardless of how You or Your representative or any agreements characterize the money You receive, it shall be subject to the Subrogation and Reimbursement provisions of this Plan. Referral: An authorization given to one Network Provider from another Network Provider (usually from a PCP to a Network Specialist) in order to arrange for additional care for a Member. A Referral can be transmitted electronically or by Your Provider completing a paper Referral form.
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Underinsured Motorist protection and minimum "No- Fault" and any supplementary No-Fault protection except to the extent applicable law (A) requires National to provide those protections, or (B) prohibits the rejection of those protections. If required and not rejectable, the limits for this protection are the minimum required by the jurisdiction in which the Vehicle is rented. These protections, if required by law, are provided on the same basis as the liability protection provided under the Agreement. In the event of an accident, all Authorized Driver(s) will (A) provide National with the name of their insurance companies, (B) cooperate fully with National in presenting claims and in any other aspects of the claims process, and (C) report the loss to the Authorized Driver(s)' insurance company. If a claim is made or lawsuit filed and no other source of defense is available to the Authorized Driver(s), National may defend the claim or lawsuit, at National' s sole discretion, even if the claim or lawsuit proves to be groundless, false or fraudulent. In defending a claim or lawsuit, National may, at National' s discretion, make any settlements National considers advisable. National has no duty to further defend any Authorized Driver(s), if assumed, upon exhaustion of the limits required by the automobile financial responsibility or compulsory insurance laws of the jurisdiction in which the Vehicle is rented. All Authorized Driver(s) agree to defend, indemnify and hold National harmless from and against all loss, liability and expenses as a result of bodily injury, death or property damage caused by, or arising out of the use or operation of the Vehicle, except for amounts paid by National pursuant to this Paragraph. All Authorized Driver(s) agree to comply with and be bound by all terms, conditions, limitations and restrictions of any protection provided by National. All Authorized Driver(s) shall comply with the procedures on accident and claims reporting set forth in Paragraph 18. Evidence of this insurance or qualified self-insurance is available for inspection at National. You understand that the protection does not apply to: o Any obligation assumed by Authorized Driver(s) under any contract of whatever nature. o Any fines, penalties, punitive damages or exemplary damages for which Authorized Driver(s) may become legally obligated to pay. o Injury to or destruction of personal property owned by or in the possession, custody or control of any Authorized Driver(s) or passenger...
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Related to Underinsured Motorist

  • Underinsured motor vehicle means a land motor vehicle or trailer of any type to which a bodily injury liability bond or policy applies at the time of the accident, but the limit of liability for bodily injury is less than the damages that an insured per- son is entitled to recover from the owner or operator of the motor vehicle for bodily injury. An “underinsured motor vehicle” does not include any vehicle or equipment:

  • Uninsured motor vehicle means a land motor vehicle or trailer of any type:

  • Uninsured motor vehicle" means a land motor vehicle or trailer of any type:

  • Collision means the upset of "your covered auto" or a "non-owned auto" or their impact with another vehicle or object. Loss caused by the following is considered other than "collision":

  • Insured means the Executive.

  • Deaf/blindness means concomitant hearing and visual impairments, the combination of which causes such severe communication and other developmental and educational problems that they cannot be accommodated in special education programs solely for students with deafness or students with blindness.

  • Insured”, “You”, “Your means a person:

  • Insured Loss means damage or destruction to improvements on the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which was caused by an event required to be covered by the insurance described in Paragraph 8.3(a), irrespective of any deductible amounts or coverage limits involved.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Plagiarism means to take and present as one's own a material portion of the ideas or words of another or to present as one's own an idea or work derived from an existing source without full and proper credit to the source of the ideas, words, or works. Plagiarism includes, but is not limited to:

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Borrower or any of its Restricted Subsidiaries, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of coinsurance in an amount up to $150,000,000) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth herein.

  • Industrial insured captive insurance company means a company that insures risks of the industrial insureds that comprise the industrial insured group and their affiliated companies.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • Vandalism means destruction of or damage to a Project Asset deliberately

  • Accident means a sudden, unforeseen and involuntary event caused by external, visible and violent means.

  • REASONABLY SAFE FROM FLOODING Means base flood waters will not inundate the land or damage structures to be removed from the floodplain and that any subsurface waters related to the base flood will not damage existing or proposed buildings.

  • Homelessness or "homeless" means a condition where an

  • Insured Contract means any written:

  • FHA means the Federal Housing Administration.

  • Explosion means the sudden release of energy sufficient to cause pressure waves and/or projectiles that may cause structural and/or physical damage to the surrounding of the vehicle."

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Disease means an alteration in the state of the body or of some of its organs, interrupting or disturbing the performance of the functions, and causing or threatening pain and weakness or physical or mental disorder and certified by a Medical Practitioner.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Deaf means persons having 70 DB hearing loss in speech frequencies in both ears;

  • Unmanned Aerial Vehicle ("UAV") (9) means any aircraft capable of initiating flight and sustaining controlled flight and navigation without any human presence on board.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.