Insurance Cover definition

Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

Insurance Cover means the aggregate of the maximum sums insured under the insurances taken out by the Contractor and includes all insurances required to be taken out by the Contractor but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

Insurance Cover means the aggregate of the maximum sums insured under the insurances taken out by the Developer pursuant to Article 27, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable in relation to such act or event;

Examples of Insurance Cover in a sentence

• If the Contractor shall fail to effect and keep in force all insurances for which it is responsible pursuant hereto, the Authority shall have the option to either keep in force any such insurances, and pay such premia and recover the costs thereof from the Contractor, or in the event of computation of a Termination Payment, treat an amount equal to the Insurance Cover as deemed to have been received by the Contractor.

• If an employer fails to provide the insurance cover required in Clause 25, or obtains the insurance as required in Clause 25 but fails to maintain the minimum standards prescribed in Clause 25, the employer will be liable to pay the difference between the insurance cover provided (if at all) and the insurance cover provided in Appendix I – Insurance Cover Minimum Benefits.

More Definitions of Insurance Cover

Insurance Cover shall have the meaning ascribed to it in Article 12.1(c)(ii).

Insurance Cover means the aggregate of the maximum sums insured under the insurances taken out by the Developer pursuant to Article VIII, and when used in the context of any actor event, it shall mean the aggregate of the maximum sums insured and payable in relation to such act or event;

Insurance Cover means the cover for the Death benefits payable under this Policy;

Insurance Cover means the arrangement in terms of this Policy, under which the Company, subject to the terms of this Policy, undertakes to pay to the Beneficiary the admissible Benefits in respect of an Insured Member on the happening of specified events in this Policy;

Insurance Cover means Life Insurance Cover, Accidental Death Cover & Accidental Total and Permanent Disability Cover & Critical Illness Cover.

Insurance Cover means the aggregate of the maximum sums insured under the insurances taken out by the SPD pursuant to Article 25, and includes all insurances required to be taken out by the SPD under Clause 25.1 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

Insurance Cover means the Insurer’s obligation to pay an insurance benefit upon the occurrence of an insured event under the insurance contract.