Common use of Neglect Clause in Contracts

Neglect. This means neglect by an insured to use all reasonable means to save and preserve covered property at and after the time of a loss. It also means neglect by any insured to use all reasonable means to save and preserve covered property when endangered by a covered cause of loss.

Appears in 3 contracts

Sources: General Policy Provisions Agreement, General Policy Provisions Agreement, Condominium Unit Owners / Cooperative Apartment Shared Ownership Agreement

Neglect. This means neglect by an insured to use all reasonable means to save and preserve covered property at and after the time of a loss. It also means neglect by any insured to use all reasonable means to save and preserve covered property when endangered by a covered cause of lossperil insured against.

Appears in 3 contracts

Sources: Insurance Policy, Insurance Agreement, Insurance Agreement

Neglect. This means neglect by an insured to use all reasonable means to save and preserve covered property at and after the time of a loss. It also means neglect by any insured to use all reasonable means to save and preserve covered property when endangered by a covered cause of lossperil insured against.

Appears in 1 contract

Sources: General Policy Provisions Agreement