Watercraft Liability definition

Watercraft Liability. 1. Coverages E and F do not apply to any “watercraft liability” if, at the time of an “occurrence,” the involved watercraft is:
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Watercraft Liability as described in Coverage E, but only if “Watercraft Liability Extension” is shown on the Coverage Summary Page. Your Legal liability for Bodily Injury or Property Damage will also extend to boat houses, boat lifts, docks, piers, wharves, and swimming rafts located elsewhere in the same resort area as the seasonal location indicated on the Declarations Page. CONVICTION REWARD‌ We will pay $1,000 for information which leads to a conviction for arson, theft, robbery or burglary in connection with a fire loss to property insured by this policy. This coverage may increase the amount otherwise applicable. The $1,000 limit will not be increased regardless of the number of people giving information. No deductible applies to this coverage. DEBRIS REMOVAL‌ The single amount of insurance includes the cost of removing debris caused by loss or damage to property insured by this policy as a result of an Insured Peril. However, when the amount payable for loss or damage to property equals the single amount of insurance, we will pay up to an additional 5% of the single amount for debris removal expenses provided that the replacement of the building(s) takes place on the same site. If you must remove insured property from your premises to protect it from loss or damage, it is insured by this form for 30 days or until your policy term ends — whichever occurs first. The amount of insurance will be divided in the proportions that the value of the property removed bears to the value of all property at the time of loss. FIRE DEPARTMENT CHARGES‌ We will pay up to $1,000. or such other amount as may be specified on the Coverage Summary page for your liability for Fire Department charges incurred when a Fire Department is called to save or protect property insured by this policy from an insured peril. No deductible applies to this coverage. FREEZER FOODS‌ We insure foodstuffs up to $2,000 in all, but only while contained in a food freezer located within the dwelling or detached private structure and only for loss by spoilage caused by an outside power failure or mechanical or electrical breakdown of the freezer unit. This coverage limit also includes loss or damage to the freezer itself resulting from spoilage of the foods contained within. We do not insure loss or damage caused by:
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Watercraft Liability. If this is a rider on the Homeowner’s policy it may only list the code, HO-75 and the coverage amount. General Liability coverage is NOT sufficient on a Homeowner’s policy as several companies deny this coverage applies to watercraft. Second, the Specification page must show a beginning and ending date. Comments such as “Continuous Coverage”, “Non-Expiring”, ETC are not legally sufficient!! If you have an insurance question, contact GBN support before arriving at the tournament site, at the following email address: xxx_xxxxx@xxxxxxxxxxxxxxxxx.xxx or on GBN website under Home -> Support ** NOTE: During the official practice and competition days of any GBN tournament, no Angler or Boat Captain may operate a boat unless that Angler or Boat Captain has documented proof of a minimum of $300,000.00 WLI covering the boat being used in the tournament. Proof of WLI must be with the boat being used at ALL times regardless if the Boat Captain is owner of the boat OR using a borrowed boat and must cover the Angler or Boat Captain using that boat. Random checks will be conducted and any competitor who does not have proof of in-force insurance with $300,000.00 coverage will be disqualified. Borrowed Boat: Permission to Use
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Examples of Watercraft Liability in a sentence

  • Watercraft Liability Insurance, when necessary to use watercraft for the performance of the Contractor’s services under the terms of this Contract, either by Contractor or any subcontractor, and if excluded by commercial general liability coverage, watercraft liability with a minimum limit of $2,000,000.00 Combined Single Limit for Bodily Injury and Property Damage, including Protection & Indemnity where applicable.

  • Aircraft and Watercraft Liability Insurance with respect to owned or non-owned aircraft and watercraft if used directly in or indirectly in the performance of the work, including use of airport premises, with limits of not less than one million dollars inclusive per occurrence for bodily injury, death and damage to property including loss of use thereof and limits of not less than one million dollars for Aircraft Passenger Hazard.

  • Such insurance shall cover the use of any non-licensed motor vehicles engaged in operations within the terms of the contract on the site of the work to be performed there under, unless such coverage is included in insurance elsewhere specified.If watercraft is engaged and/or utilized in any operations performed under this Contract, the Contractor shall maintain Watercraft Liability Insurance in an amount not less than combined single limits of $1,000,000 per occurrence for bodily injury/property damage.

  • Aviation and/or Watercraft Liability insurance, as appropriate, including hull and protection and indemnity for watercraft, or other insurance, in form and with limits of liability and from an insuring entity reasonably satisfactory to the WisDOT.

  • Insurance must apply to all boats, office trailers, equipment, storage racks, docks, gangways, and ramps owned or rented by the insured, unless otherwise covered by building and contents coverage or provided for as part of a Watercraft Liability (or Protection and Indemnity) policy.

  • If the performance of the Work requires the use of any watercraft that are owned, leased, rented or chartered by the Contractor or any of its subcontractors, the Contractor shall secure and maintain Watercraft Liability insurance for property damage and bodily injury.

  • If the Work requires the use of watercraft or aircraft, Watercraft Liability, including water quality coverage, or Aircraft Liability Insurance with a minimum limit of $1,000,000 per occurrence is required.

  • Contractor shall agree to keep in continuous force Watercraft Liability coverage for the length of the contract.

  • Watercraft Liability When watercraft will be used in connection with performing the contract, the contractor shall provide watercraft liability insurance.

  • If watercraft is engaged and/or utilized in any operations performed under this Contract, the Contractor shall maintain Watercraft Liability Insurance in an amount not less than combined single limits of $1,000,000 per occurrence for bodily injury/property damage.


More Definitions of Watercraft Liability

Watercraft Liability. However, this Exclusion (A.8) does not apply to the extent that watercraft coverage is provided by “underlying insurance” at the time of the “occurrence”;
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Watercraft Liability sub- ject to the provisions in b. below, mean the fol- lowing:
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Related to Watercraft Liability

  • Hovercraft Liability This policy does not cover "hovercraft liability".

  • Aircraft Liability This policy does not cover "aircraft liability".

  • Net Liability as used herein is defined as the Company's gross liability remaining after cessions, if any, to other pro rata reinsurers.

  • UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.

  • Contingent Liability means any agreement, undertaking or arrangement by which any Person guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, obligation or any other liability of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person. The amount of any Person’s obligation under any Contingent Liability shall (subject to any limitation set forth therein) be deemed to be the outstanding principal amount (or maximum outstanding principal amount, if larger) of the debt, obligation or other liability guaranteed thereby.

  • Automobile or watercraft transporters means any tractor truck, lowboy, vehicle, or combination,

  • Watercraft means:any vessel, craft or thing made or intended to float on or in or travel on or through water, other than model boats.

  • Product Liabilities means all claims, Liabilities and Proceedings related to or arising from actual or alleged harm, injury, damage or death to persons, animals, property or business, irrespective of the legal theory asserted, and resulting from or alleged to result from the use, sale or manufacture of the Products.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • Portable x-ray equipment means x-ray equipment designed to be hand-carried.

  • Contingent Liabilities means, respectively, each obligation and liability of the Credit Parties and all such obligations and liabilities of the Credit Parties incurred pursuant to any agreement, undertaking or arrangement by which any Credit Party either: (i) guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, dividend, obligation or other liability of any other Person in any manner (other than by endorsement of instruments in the course of collection), including without limitation, any indebtedness, dividend or other obligation which may be issued or incurred at some future time; (ii) guarantees the payment of dividends or other distributions upon the shares or ownership interest of any other Person; (iii) undertakes or agrees (whether contingently or otherwise): (A) to purchase, repurchase, or otherwise acquire any indebtedness, obligation or liability of any other Person or any property or assets constituting security therefor; (B) to advance or provide funds for the payment or discharge of any indebtedness, obligation or liability of any other Person (whether in the form of loans, advances, stock purchases, capital contributions or otherwise), or to maintain solvency, assets, level of income, working capital or other financial condition of any other Person; or (C) to make payment to any other Person other than for value received; (iv) agrees to lease property or to purchase securities, property or services from such other Person with the purpose or intent of assuring the owner of such indebtedness or obligation of the ability of such other Person to make payment of the indebtedness or obligation; (v) to induce the issuance of, or in connection with the issuance of, any letter of credit for the benefit of such other Person; or (vi) undertakes or agrees otherwise to assure or insure a creditor against loss. The amount of any Contingent Liability shall (subject to any limitation set forth herein) be deemed to be the outstanding principal amount (or maximum permitted principal amount, if larger) of the indebtedness, obligation or other liability guaranteed or supported thereby.

  • Mobile x-ray equipment means x-ray equipment mounted on a permanent base with wheels and/or casters for moving while completely assembled.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Parent Liabilities shall have the meaning set forth in Section 2.3(b).

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • 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.

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • Defect Liability Period in relation to a work means the specified period from the date of COMPLETION CERTIFICATE upto the date of issue of FINAL CERTIFICATE during which the CONTRACTOR stands responsible for rectifying all defects that may appear in the works executed by the CONTRACTOR in pursuance of the CONTRACT and includes warranties against Manufacturing/Fabrication/ Erection/Construction defects covering all materials plants, equipment, components, and the like supplied by the CONTRACTOR, works executed against workmanship defects.

  • Identified Contingent Liabilities means the maximum estimated amount of liabilities reasonably likely to result from pending litigation, asserted claims and assessments, guaranties, uninsured risks and other contingent liabilities of the Borrower and its Subsidiaries taken as a whole after giving effect to the Transactions (including all fees and expenses related thereto but exclusive of such contingent liabilities to the extent reflected in Stated Liabilities), as identified and explained in terms of their nature and estimated magnitude by responsible officers of the Borrower.

  • Air navigation facility means any facility, other than one owned and operated by the United States, used in, available for use in, or designed for use in aid of air navigation, including any structures, mechanisms, lights, beacons, markers, communicating systems, or other instrumentalities or devices used or useful as an aid, or constituting an advantage or convenience to the safe taking off, navigation, and landing of aircraft, or the safe and efficient operation or maintenance of an airport, and any combination of any or all of such facilities.

  • Transportation equipment means 1 or more of the following:

  • Automobile Headliner Adhesive means an aerosol adhesive designed to bond together layers in motor vehicle headliners.