Declared Value definition

Declared Value means your assessment of the cost of reinstatement of the property insured (as defined in Basis of settlement - Reinstatement) at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently) together with insofar as the insurance by the item provides due allowance for
Declared Value means the Insured's assessment of the cost of reinstatement of the property insured arrived at in accordance with the first paragraph of the Reinstatement Value Conditions at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently to the fixing of the Declared Value) together with, in so far as the insurance by the item provides, due allowance for:
Declared Value means the assessment by the Insured of the cost of reinstatement of Property Insured arrived at in accordance with paragraph 1ai of the Basis of Settlement Adjustments at the level of costs applying at inception of the Period of Insurance (ignoring inflationary factors which may subsequently operate), together with, to the extent that cover provides, due allowance for

Examples of Declared Value in a sentence

  • The total declared value amount must be inserted in the Declared Value box on the face of this shipping document.


More Definitions of Declared Value

Declared Value means the Takaful Participant's assessment of the cost of replacement or reinstatement of the property covered arrived at in accordance with the opening paragraph of the Reinstatement Value Clause, at the level of costs applying at the inception of the Period of Takaful (ignoring inflationary factors which may operate subsequently) together with, insofar as the Takaful by the item provides, due allowance for:-
Declared Value in relation to property means the value of the property as declared in the declaration completed in terms of section 14 by the person who has acquired the property;
Declared Value means your assessment of the cost of reinstatement of the property insured arrived at in accordance with paragraph a i) at the level of costs applying at the inception of the period of insurance. You should ignore any inflationary factors which may operate subsequently. You should also make an allowance for
Declared Value means the amount of Property in the Equipment (i) reported by Customer via Brink’s 24SEVEN for each Deposit Bag; or (ii) inserted using a Bill Validator, as transmitted and posted to Brink’s 24SEVEN.
Declared Value for a parameter means the value given by the manufacturer or importer in the technical documentation pursuant to point 2 of Annex IV to Directive 2009/125/EC;
Declared Value means your assessment of the cost of reinstatement of the property insured in a condition equal to but not better or more extensive than when new at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently) together with allowance if required for
Declared Value means the value declared to Insurers as the Insured’s assessment of the Reinstatement Value of the Insured Property, as at the first day of the Period of Insurance Immediately anterior to Damage, without provision for inflation either before or after Damage.