Total Insured Value definition

Total Insured Value means the sum of Coverage A, B, C and D for Business Covered as defined in the Business Covered Article.
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Total Insured Value as used herein shall mean the sum value of dwellings, other structures, contents and loss of use for each property risk reinsured hereunder.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2021 for business covered hereunder.
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Examples of Total Insured Value in a sentence

  • Property designated as being within Flood Zone A or V (and any prefixes or suffixes thereof) by the Federal Emergency Management Agency (FEMA), or within a 100 Year Flood Plain as designated by the United States Army Corps of Engineers, will have a Special Flood Deductible equal to all flood insurance available for such property under the National Flood Insurance Program, whether purchased or not or 5% of the Total Insured Value at each affected location whichever the greater.

  • The deductible shall not be greater than five percent (5%) of the Total Insured Value (TIV).

  • Total Insured Value – Building* 1 12 Numeric Report whole dollar amounts only (no decimals).

  • Total Insured Value - BuildingThis is the total insured building limit for a Covered Policy or an individual risk within a Covered Policy that insures multiple risks.

  • Where the Total Insured Value over all interests of the risk in question is less than $250,000,000.


More Definitions of Total Insured Value

Total Insured Value means the Company’s aggregate wind exposures on September 30, 2020 for business covered hereunder.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2018 for business covered hereunder.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2023 for business covered hereunder.
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Total Insured Value means the sum of the full value of the insured’s covered property, business income values and any other covered property interests.
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Total Insured Value means the amount declared on the Declaration of Insurance as Total Insured Value.
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Total Insured Value means the Company’s total inforce policy limits.
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Total Insured Value means the Company’s aggregate wind exposures on September 30, 2016 for business covered hereunder.
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