Insured Property definition

Insured Property means the vessel, including the power units, accessories and equipment. “Parasailing” means using your vessel to tow a person in a device designed for flight. “Waterskiing” means using your vessel to tow a person on water skis or flotation devices.
Insured Property shall have the meaning set forth in Section 6.14(a).
Insured Property means the following property as listed on your schedule of values, unless excluded elsewhere in this policy, to the extent of the interest in such property:

Examples of Insured Property in a sentence

  • Any reduction in market value of any Insured Property after its repair or reinstatement.

  • Loss or damage to any Insured Property or any claim which is covered by a marine policy in force at the time of loss or damage, except in excess of the limits of that policy.

  • As soon as any loss or damage occurs to the Insured Property, You must give immediate report to appropriate legal authorities.

  • Loss of any Insured Property which is missing or has been mislaid, or its disappearance cannot be linked to any single identifiable Insured Event.

  • The Sum Insured for each item of Insured Property must be sufficient to pay for Reinstatement/Replacement of that Property on the date of loss.


More Definitions of Insured Property

Insured Property means the Insured Vessel, Trailer, Tender, Auxiliary Motor, and Personal Effects, as described on the Declarations Page and subject to the terms and conditions set out herein.
Insured Property means tangible property of every description not expressly excluded, the Insured’s own or held by the Insured jointly or in trust or on commission and for which the Insured is responsible.
Insured Property means the personal watercraft, including the power units, accessories and equipment. “Parasailing” means using your personal watercraft to tow a person or persons in a device designed for flight. “Waterskiing” means using your personal watercraft to tow a person or persons on water skis or flotation devices.
Insured Property means property for which the Strata Corporation is obligated to maintain insurance pursuant to the Act;
Insured Property means that property insured by this Section and described in the Schedule;
Insured Property means brand new/Refurbished Jewellery and other items of personal use, excluding items such as
Insured Property means the property the subject of an insurance contract made or given by an insurer;