Insurance Policy definition

Insurance Policy. With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.
Insurance Policy means (i) any theft and physical damage insurance policy maintained by the Obligor under a Receivable, providing coverage against loss or damage to or theft of the related Financed Vehicle, and (ii) any credit life or credit disability insurance maintained by an Obligor in connection with any Receivable.
Insurance Policy means, with respect to a Receivable, any insurance policy (including the insurance policies described in Section 4.4 hereof) benefiting the holder of the Receivable providing loss or physical damage, credit life, credit disability, theft, mechanical breakdown or similar coverage with respect to the Financed Vehicle or the Obligor.

Examples of Insurance Policy in a sentence

  • This policy shall be written as a Contractor Controlled Insurance Policy (as defined in Section 1(D) below) and provide coverage against claims for bodily injury (including bodily injury and death) and property damage (including loss of use) caused by or arising out of pollution incidents arising from the activities of Contractor or any of its Subcontractors or Sub-subcontractors at or near the Site, and shall include contractual liability per the terms and conditions of such policy.

  • As such, the workers’ compensation insurance provided by the Contractor Controlled Insurance Policy shall be considered the sole exclusive remedy for any claims by such “employees” against Owner, Contractor, Enrolled Subcontractors and their respective employees, by employees of Contractor and its Enrolled Subcontractors for injuries, including death, while performing work or services for the Project.

  • All insurance provided under the Contractor Controlled Insurance Policy shall be primary and not excess to or on a contributing basis with any similar project specific insurance or self- insurance maintained by Contractor or its Enrolled Subcontractors.

  • The commercial general liability insurance, Contractor’s pollution liability insurance, umbrella or excess liability insurance, builder’s risk insurance, marine cargo insurance, builder’s risk delayed start up insurance, marine cargo delayed startup insurance and any other Contractor Controlled Insurance Policy required to be provided by Contractor shall be subject to Owner’s written approval, not to be unreasonably withheld.

  • Each enrolled party will have the benefit of the insurances placed in the Contractor Controlled Insurance Policy, as more fully set forth in the Contractor Controlled Insurance Policy Manual.


More Definitions of Insurance Policy

Insurance Policy. With respect to a Receivable, an insurance policy covering (i) physical damage, theft, mechanical breakdown or similar event with respect to the related Financed Vehicle or (ii) credit life or credit disability with respect to the related Obligor.
Insurance Policy means, with respect to any Loan Asset, an insurance policy covering liability and physical damage to, or loss of, the Underlying Collateral.