COVERAGE DESCRIPTION Clause Samples
The Coverage Description clause defines the specific scope and extent of protection or benefits provided under an insurance policy or agreement. It typically outlines what types of losses, damages, or events are included, and may specify any conditions, limitations, or subject matter covered. By clearly delineating what is and is not covered, this clause ensures that both parties understand the boundaries of the agreement, reducing the risk of disputes and misunderstandings regarding coverage.
COVERAGE DESCRIPTION. Travel insurance covers only losses that occur as a result of sudden and unforeseeable events. The duration of the coverage and the amounts of insurance that apply to your contract are indicated in the table of coverage. This Travel Insurance is an individual insurance offered to cardholders. As a cardholder, you are automatically covered for all the trips you take outside your province of residence. Subject to certain terms and conditions, this insurance also covers your spouse and your dependent children if they accompany you throughout their trip. Your Travel Insurance plan also gives you access to the Assistance Service during your trip. We encourage you to read these general conditions of your contract carefully, and draw your attention, in particular, to the Limitation, Restriction and Exclusions, indicated on pages 11 to 16. In addition, refer to pages 19 to 22 for an explanation of the procedure for submitting claims. Do not hesitate to contact your Insurer to check the scope of coverage for which you are eligible. You may also need to speak with your physician to obtain information regarding your health or your medical record. Your insurance contract includes the following documents: • these general conditions; • any rider or appendix related to contract changes or updates; The terms and conditions indicated in these general conditions apply to all coverages that commence as of January 15, 2017. To be eligible for the coverage offered under this Travel Insurance, you, your spouse and dependent child, must satisfy the following conditions:
a) You must be a Canadian resident and be at least 15 days old;
b) Your age, on the date of departure, must be lower than or equal to the maximum age indicated in the table of coverage;
c) Your credit card must have been activated prior to departure;
d) Your privileges as a cardholder must not have been suspended;
e) Your credit card must not be in arrears for more than 90 days;
f) Your trip must begin and end in Canada, in your
g) Your trip must be taken outside your province of residence; this condition, however, does not apply to Common Carrier Accident coverage. Also, to be eligible for Travel Insurance, the spouse and dependent children of the cardholder must accompany the cardholder throughout their trip.
COVERAGE DESCRIPTION. WATER HEATER REPAIR ESSENTIAL COVERED: NOT COVERED: Any item not listed in the COVERED section. WATER HEATER REPAIR PREMIUM COVERED: NOT COVERED: Any item not listed in the COVERED section.
COVERAGE DESCRIPTION. ELECTRICAL COMPONENTS
COVERAGE DESCRIPTION. Only system(s) that are indicated with an “X” on the Declaration Page are covered.
COVERAGE DESCRIPTION. The insurer will pay up to a limit of 500€, robbery, loss or destruction of personal belongings of the insured (sport equipment not included) during his trip. The highest amount per object is 150.00€.The limit paid for luggage delay is 200€. Is established per trip a total amount of 500.00€ as maximum capital per event. ✓ Your personal belongings should be repaired ✓ Replace your personal belongings for equivalent ✓ The amount paid will be deducted for usage
COVERAGE DESCRIPTION. The basic and additional declared value for stored items provides coverage against damage or loss of the Customer's stored packages due to CE’s negligence. The declared value does not cover:
COVERAGE DESCRIPTION. ELECTRICAL COMPONENTS COVERED: Wall, floor, ceiling and countertop-mounted
COVERAGE DESCRIPTION. 1. - The Insurer guarantees, under the conditions established in these terms and conditions, the reimbursement of any cancellation costs paid by the insured, should they cancel their trip before departing, due to serious illness, serious physical accident or death of the insured, their spouse or registered partner, ascendants or descendants, brothers, sisters. (Brothers in law, sisters in law, sons in law, daughters in law, father in law or mother in law.)
2. - Serious damages (requiring the presence of the insured party on the day of departure), due to robbery, fire or flooding which affects: • The main residence of the insured party. • The insured party’s business premises provided the insured is the direct user or he/she uses it to exercise a profession.
COVERAGE DESCRIPTION. Subject to this Summary of Coverage, an automotive deductible reimbursement benefit is payable if You or an Eligible Family Member, if the family membership was purchased, sustain a collision or comprehensive loss on an Insured Vehicle that is covered by Your or Your spouse’s or Domestic Partner’s Automotive Insurance Policy, but only if (a) the collision or comprehensive loss exceeds the applicable deductible and (b) You or an Eligible Family Member submit a claim with respect to the collision or comprehensive loss to the insurance company that issued Your or Your spouse’s or Domestic Partner’s Automotive Insurance Policy and that claim is paid by Your or Your spouse’s or Domestic Partner’s automotive insurance company. NOTE: Coverage is excess of any other applicable insurance or indemnity available to You or an Eligible Family Member. Coverage is limited to only those amounts not covered by any other insurance or indemnity, subject to the conditions, limitations, and exclusions described herein. In no event will this coverage apply as contributing insurance. This “non-contribution” clause will take precedence over the “non-contribution” clauses found in other insurance or indemnity language.
COVERAGE DESCRIPTION. The insurer will reimburse in case of accident during the journey hired, the benefetiary legally established or the insured person for the following amounts discriminated. DEATH Secured Amount of 50.000.00€ Death of minors of 14 years is not covered.