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Risk Coverage definition

Risk Coverage means and include joint protection through a funded program or any commercial insurance contract.
Risk Coverage means the protections used to cover damages to the rental vehicle, bodily injury of the occupants, damages and third party bodily injury.
Risk Coverage means the guarantee of indemnification in the case of damage to, deterioration, alteration or loss of movable cultural property resulting from any risk whatsoever, including risks incurred as a result of armed conflict, riots or other public disorders whether such coverage is effected through a system of governmental guarantees and indemnities, through the partial assumption of the risks by the State under a deductible or excess loss arrangement, through commercial or national insurance or through mutual insurance arrangements.

Examples of Risk Coverage in a sentence

  • The Contractor’s Builder's Risk Coverage shall be on a special covered cause of loss form and shall include theft, vandalism, malicious mischief, collapse, false-work, temporary buildings and debris removal including demolition, increased cost of construction, architect's fees and expenses, flood and earthquake coverage, materials and equipment in transit, and all below and above ground structures, water and sewer mains.

  • Property Coverage (Builder’s Risk) Coverage must be afforded in an amount not less than 100% of the total project cost, including soft costs, with a deductible of no more than $25,000 each claim.

  • Builder's Risk/Installation Floater The Contractor shall procure and maintain during the life of the Contract, or until acceptance of the project by King County, whichever is longer, “All Risk” Builders Risk Insurance at least as broad as ISO form number CP0020 (Builders Risk Coverage Form) with ISO form number CP0030 (Causes of Loss—Special Form) including coverage for collapse, theft and property in transit.

  • Funds will be transferred from applicable Agency to ORM to pay the premium for the Builders Risk Coverage.

  • Personal Property Insurance covering leasehold improvements paid for by Tenant and Tenant's personal property and fixtures from time to time in, on, or at the Premises, in an amount not less than 100% of the full replacement cost, without deduction for depreciation, providing protection against events protected under "All Risk Coverage," as well as against sprinkler damage, vandalism, and malicious mischief.

  • The Guarantor shall at all times maintain the Foreign Exchange Risk Coverage Scheme in respect of the Loan.

  • Should a loss be sustained under the Builders Risk Coverage, the Contractor shall act on behalf of the College and the Contractor for the purpose of adjusting the amount of such loss with the insurance companies.

  • When the sales price is > $1 Million $635 + $63.50* for every $100,000 price increment over $1Million Supplemental Risk Coverage (Optional) Insurance E&O insurance standard deductible of $20,000 per agency waived for agent.

  • Prior to the commencement of any Work hereunder, the Contractor shall maintain and pay for Broad Form (All Risks) Builders Risk Coverage in the joint names of the College and the Contractor totaling not less than 100% of the total value of the Work done and materials delivered on the site (contract value) so that any loss under such policies of insurance will be payable to the College and the Contractor as their respective interests appear.

  • Builders Risk Coverage: (If Applicable) Limit: Minimum limit in the amount of total bid price.


More Definitions of Risk Coverage

Risk Coverage means the sum (without duplication) of the following:

Related to Risk Coverage

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Claims-made coverage means an insurance contract or provision limiting

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are stock, including all Outstanding Series B Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Site Coverage means ratio expressed in percentage between the area covered by the ground floor of building and the area of the site;

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Property Insurance is defined in Section 6.10(a).

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • COBRA Coverage means continued medical and dental coverage under the Company’s benefit plans, as determined under section 4980B of the Code.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through