Insurable Value definition

Insurable Value means the indemnity payable per unit lost that we specify before the Crop Year starts or that you select before the Crop Year starts from the choices we offer, as applicable;
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Insurable Value means the indemnity payable per unit lost which we specify before the Crop Year starts or which you select before the Crop Year starts from the choices we offer, as applicable;
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Insurable Value means the indemnity payable per unit that we specify or that you select before the start of the Crop Year from the choices we offer, as applicable;
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Examples of Insurable Value in a sentence

  • Full Insurable Value shall mean actual replacement cost of the real property (exclusive of the cost of non-insurable portions thereof, such as excavation, foundations and footings).

  • At its own expense, Lessee shall cause property insurance on the Equipment to be carried and maintained with an insurer(s) of recognized responsibility, licensed or otherwise authorized to write such insurance under the laws of the State, in an amount equal to the Full Insurable Value of the Equipment.

  • Such insurance shall cover the Demised Premises in an amount not less than the Full Insurable Value of the Demised Premises covering, at a minimum, the perils insured under the ISO Special Causes of Loss Form CP 10 30, or the equivalent, including coverage for loss caused by enforcement of ordinances or laws to the extent it is commercially available.

  • The Full Insurable Value of the Project shall be determined once every three years by an architect, contractor, appraiser, appraisal company or one of the insurers, to be selected and paid by the Authority.

  • The Company shall and covenants and agrees that it will, throughout the Basic Term at its sole cost and expense, keep the Improvements continuously insured against loss or damage by fire, lightning and all other risks covered by the broadest form extended coverage insurance endorsements then in use in the State in an amount equal to the Full Insurable Value thereof in such insurance company or companies as it may select.


More Definitions of Insurable Value

Insurable Value means the dollar value for a given Crop Year, and which we use to calculate an indemnity for that Crop Year, and more particularly:
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Insurable Value means, as described on your Statement of Premiums and Coverages and for a given Crop Year:
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Insurable Value means replacement cost;
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Insurable Value means the value of goods as ascertained for the purposes of insurance under this Act;
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Insurable Value means the amount of the Loan, etc. If the Loan, etc. is repaid in two or more installments, “Insurable Value” means the amount to be repaid in each installment.
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Insurable Value means the value of an asset provided by definitions contained in an insurance contract or policy.
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Insurable Value means the value of the destructible portions of a property, which determines the amount of insurance that may, or should, be carried to indemnify the owner in the event of loss. For practical purposes, the replacement cost estimate used to calculate insurable value should include the foundation. Structure(s)1 $ Tenant Improvements (in place) $ Tenant Improvements (yet to be installed) $ Personal Property, FF & E2 $ TOTAL INSURABLE VALUE (RD)...................................... $ _________________________ 1 This estimate is based on “Replacement Cost New” with no depreciation and should reflect only “direct” or “hard” construction costs such as construction labor and materials: repair design/engineering; permit fees; and contractor’s profit, contingency, and overhead. Property Address:_____________________________ Appraiser Name: __________________________ Property Type: _______________________________ Date Completed: __________________________
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