Deductible Amount definition

Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.
Deductible Amount has the meaning given to it in Section 10.2(c).
Deductible Amount has the meaning set forth in Section 7.5.

Examples of Deductible Amount in a sentence

  • If the applicable coverage of this bond is subject to a Deductible Amount and/or is not sufficient in amount to indemnify the Insured in full for the loss of securities for which claim is made hereunder, the liability of the Underwriter under this bond is limited to the payment for, or the duplication of, so much of such securities as has a value equal to the amount of such applicable coverage.


More Definitions of Deductible Amount

Deductible Amount has the meaning ascribed to such term in Section 8.6(a).
Deductible Amount shall have the meaning set forth in Section 7.5(a).
Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading
Deductible Amount shall have the meaning ascribed to such term in Section 9.10(a).
Deductible Amount is defined in Section 10.2(a).
Deductible Amount has the meaning specified in Section 10.23(d).
Deductible Amount means the amount shown in the SCHEDULE OF BENEFITS. The Deductible Amount is an annual amount.