Common use of Full Coverage Clause in Contracts

Full Coverage. i. If the Insured chooses Coverage based on no deductible, AFSC will only pay an Indemnity when the percentage of loss on an Insured Crop is equal to or exceeds ten percent. When the percentage of loss on an Insured Crop is equal to or exceeds ten percent, AFSC will pay the full percentage of loss. If the percentage of loss on an Insured Crop is calculated by AFSC to be equal to or in excess of 90 percent, the percentage of loss shall be deemed to be 100 percent.

Appears in 2 contracts

Sources: Straight Hail Contract of Insurance, Straight Hail Contract of Insurance

Full Coverage. i. If the Insured chooses Coverage based on no deductible, AFSC will only pay an Indemnity when the percentage of loss on an Insured Crop is equal to or exceeds ten percent. . 1) When the percentage of loss on an Insured Crop is equal to or exceeds ten percent, AFSC will pay the full percentage of loss. . 2) If the percentage of loss on an Insured Crop is calculated by AFSC to be equal to or in excess of 90 percent, the percentage of loss shall be deemed to be 100 percent.

Appears in 2 contracts

Sources: Straight Hail Contract of Insurance, Straight Hail Contract of Insurance