Sentences with phrase «payment of actual cash value»

Not exact matches

Shipments containing cash or other means of payment, precious metals, art work, jewelry, watches, precious stones or other articles of value or securities for which, in the event of damage, no stoppage and no cancellation and replacement procedure can be carried out; for the avoidance of doubt the following valuable goods are exempted from this rule: Shipments using the Registered Mail special service, which contain stamps, telephone cards, vouchers for goods and low - value goods in these classes (e.g. fashion jewelry and promotional articles), up to an actual value of 30 Special Drawing Rights of the International Monetary Fund (SDR) per shipment, and individual tickets and entrance tickets;
The cash adjustments on CFD positions are booked on the Ex-date reflecting the market price movement on the Ex-date, but the actual value of the payment will be settled on the Pay date.
Cash adjustments are booked on the Ex-date reflecting the market price movement on the Ex-date, but the actual value of the payment will be settled on the Pay Date.
Did you get a payment from that claim for the actual cash value of your stuff that factored in depreciation?
Actual Cost of Renting: The cost of renting is the amount of money you will spend on rent minus the value of the return you receive on the cash you have for a down payment (if you invested it).
Additional out - of - pocket payments may be needed if actual dividends or investment returns decrease, if you withdraw policy cash values, or if current charges increase.
Looking to capitalize on sloppy legislative drafting, the applicant in McNaughton argued that if the insurer reduced the payment for actual cash value by the amount of the deductible, then the actual cash value was not being paid, and therefore, the salvage should not vest in the insurer.
However, the payment made under this coverage may not exceed 25 percent of the actual cash value.
The main concept that you need to understand with actual cash value is that in the event of a loss if your policy is actual cash value, depreciation will be taken out of your payment.
Co-Insurance can have a drastic affect on how an insurance loss is valued because not meeting coinsurance requirements can mean you receive payment based on Actual Cash Value instead of Replacement Cost.
Whether you receive an actual cash value payment or replacement cost payment will depend on the type of homeowner's policy you have.
The Premium is calculated on the actual cash value of the crop on an acre - by - acre basis that allows for damaged acres to be eligible for payment.
Insurance can be purchased up to the actual cash value of the crop and allow payment on acres damaged.
Effective July 1, 2015 SGI Canada will be providing payment for roof damage on an Actual Cash Value basis on new and renewal accounts on roofs that are 10 years or older if the cause of loss is windstorm or hail.
That means your claim payment is based on what it would cost to replace your property with new items, not the actual cash value of your old ones.
For claimed items without original receipts, payment of loss will be calculated based upon 75 % of the Actual Cash Value at the time of loss, not to exceed $ 750 per item for sports equipment.
Yes, one of the aspects of the wording for replacement cost, as discussed above, is that you must replace in order to receive replacement cost payment, failing this, you may settle for Actual Cash Value.
The theory is that once you receive a payment for the actual cash value of the property, you can go ahead and replace your damaged property.
Replacement Cost settlements and the basis of claims payment are far more reasonable than the actual cash value settlement.
This may not be the «market value» of the item, and is typically distinguished from the «actual cash value» payment which includes a deduction for depreciation.
With actual cash value protection you will be given payments that only cover the current value of your possessions should you ever submit a claim.
This means your monthly payment will be higher than if you get actual cash value, but it will provide you with the money to replace all of your belongings in case an accident occurs.
Typical collision coverage provides payment up to the actual cash value of the vehicle, less deductible.
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