Insured Goods definition

Insured Goods means goods and/or services specified in the Policy Schedule or in an endorsement.
Insured Goods means the insured goods shown on the Declaration of Insurance.

Examples of Insured Goods in a sentence

  • Self–Nominated StorageSubject to the Cover Option noted in Your Policy Schedule, the Cover provided by this Policy is extended to include loss of or damage to the Insured Goods when in Self–Nominated Storage at the location and for the period noted in Your Policy Schedule, under Self–Nominated Storage.

  • Temporary Incidental Storage by Professional Carrier during Insured TransitSubject to the Cover option noted in Your Policy Schedule, where a Professional Carrier temporarily holds the Insured Goods in store during the ordinary course of transit but not at Your request, this is known as Incidental Storage and the Insured Goods are Covered during that type of storage automatically without the need to inform Us. 2.

  • Cover option 2 – listed eventsLoss of or damage to the Insured Goods directly caused by any of the following insured events: 1.

  • You should ensure that the Sum Insured represents the full new replacement value of all the Insured Goods.

  • The standard Excess and Cover options that apply are noted in Your Policy Schedule unless they are varied separately under “Self–Nominated Storage” in Your Policy Schedule.HOW WE WILL SETTLE A CLAIM We will Cover the Insured Goods up to the Sum Insured shown in the Policy Schedule.

  • Cover option 1 – Accidental damageAccidental loss of or damage to the Insured Goods however caused except where such loss or damage is excluded in the section headed “Exclusions to this Policy”.

  • Insured TransitWhen Your Insured Transit starts and finishesThe commencement and termination of the period of Cover depends on what the Insured Goods are and whether You use a Professional Carrier to move the property or move it Yourself.

  • This option is not available where You, Your employee or agent move the Insured Goods.

  • Insured Goods (other than a motor vehicle, motorcycle, caravan, trailer or trailered Boat) are Covered for their full new replacement value regardless of age.

  • Please tell Us as soon as possible of any changes to: • the method of transporting or packing the Insured Goods; • the place of storage, pick up or destination addresses; • the people who are Covered under this Policy.

Related to Insured Goods

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Locally manufactured goods means goods whose value, either in whole or in part, is derived from growing, producing, processing, assembling, or manufacturing activities that occur within a city-based manufacturer's facility located within the city.

  • Household goods means personal effects and property used or to be used in a dwelling when a part of the equipment or supply of that dwelling. Household goods do not include property moving from a factory or store, unless the property was purchased by the householder with intent to use the property in his or her dwelling, the property is transported at the request of the householder, and the householder pays the carrier's transportation charges either directly or indirectly.

  • 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;

  • Country Risks means with respect to any Foreign Depository: (a) the financial infrastructure of the country in which it is organized, (b) such country’s prevailing custody and settlement practices, (c) nationalization, expropriation or other governmental actions, (d) such country’s regulation of the banking or securities industry, (e) currency controls, restrictions, devaluations or fluctuations, and (f) market conditions which affect the order execution of securities transactions or affect the value of securities.

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrower’s business.

  • Product Backlog means a list of those Stories that do not form part of the current Sprint Plan at that time and which are to form the subject of a future Sprint, either in the current Release at that time or a subsequent Release;

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Manufactured good means a good brought to the construction site for incorporation into the building or work that has been--

  • Product Inventory means all inventory owned as of the Closing by Seller or any Affiliate thereof of finished Product that is in conformance with the Specifications and has an expiration date of October 1, 2016 or later, regardless of whether such inventory is held at a location or facility of Seller or any Affiliate (or of any other Person on behalf of Seller or any Affiliate, including in any of Seller’s warehouses, manufacturers, suppliers, distributors or consignees) or in transit to or from Seller or any Affiliate (or any such other Person).

  • Insurance carrier means every insurance carrier duly

  • general insurance business means any class of insurance business other than long-term insurance business;

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

  • Covered Products means Your Applications, Libraries, Passes, Safari Extensions, Safari Push Notifications, and/or FPS implementations developed under this Agreement.

  • Collateral Insurance shall have the meaning set forth in Section 4.4(a).

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Industrial insured means an insured:

  • Returned Goods means all right, title and interest in and to returned, repossessed or foreclosed goods and/or merchandise the sale of which gave rise to a Receivable; provided that such goods shall no longer constitute Returned Goods after a Deemed Collection has been deposited in a Collection Account with respect to the full Outstanding Balance of the related Receivables.

  • Country Risk means all factors reasonably related to the systemic risk of holding Foreign Assets in a particular country including, but not limited to, such country’s political environment, economic and financial infrastructure (including any Eligible Securities Depository operating in the country), prevailing or developing custody and settlement practices, and laws and regulations applicable to the safekeeping and recovery of Foreign Assets held in custody in that country.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • 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.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • MANUFACTURERS means M/s and shall include their legal representatives, successors, and assigns.

  • Self-insured retention means the individual own risk employer's or group self-insurance association's retained amount of risk under a specific excess insurance policy, before the liability is transferred to an insurance carrier.