Sentences with phrase «premises by a covered loss»

Leasehold Interest — Property insurance covering the loss suffered by a tenant due to termination of a lease because of damage to the leased premises by a covered loss.

Not exact matches

According to a release from the NIC, the compulsory insurance will cover fire and allied perils like flood, earthquake, the collapse of buildings, storm and as well, legal liabilities of an owner or occupier of premises in respect of loss of or damage to property, bodily injury or death suffered by all users of the premises and third parties.

-- Includes your employees» tools and equipment and insured's diagnostic equipment, which are covered as business personal property while on the premises — Loss by theft to employee's tools is included up to $ 2,500, up to $ 500 per employee

Caused by an interruption in your business or the untenantability of your premises resulting from a Covered Cause of Loss.

Coverage Limit and availability varies by company for your expense to extract pollutants from land or water at the described premises resulting from a Covered Cause of Loss.

• All Risks Insurance Covers Loss or damage to functional equipments like computers, laptops and other industrial equipments and so on against fire, riot and strike, terrorist activity, accident etc. • Burglary Covers Loss and / or damage by Burglary, Housebreaking, including hold - up risk and damage caused to premises while attempting the same.

The technical answer to what is loss of use coverage on Manhattan, NY renters insurance is «If a loss by a peril insured against under this policy to covered property or the building containing the property makes the residence premises not fit to live in, we cover at your choice either of the following:... any necessary increase in living expenses incurred by you so that your household can maintain its normal standard of living; or... the fair rental value of that part of the residence premises where you reside...»

If you add this coverage to your renters insurance policy in Westminster, you are covered for up to 12 months for rental costs should you have to vacate the premises of your rental property due to total loss caused by such events as fire or water main break.