Electrical Electrical Apparatus Exemption Clause | Insurance Glossary

Definition of "Electrical (electrical apparatus) exemption clause"

Common element in property insurance that excludes electrical damage or destruction of an appliance unless the damage is caused by a resultant fire.

Coverage through an endorsement to the glass insurance policy on an all risks basis, subject to the ...

Loss experience of a given insured. ...

Amount that each member of a pool contributes to that pool. ...

Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A ...

Real estate buyer's financial ability to make interest and principal payments on a mortgage. ...

Word, or group of words, that identifies a business or one of its products. The name is registered w ...

A credit report is a report of all your debt information compiled by an independent agency. The cred ...

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your ...

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

A gated community is a community of homes where you must pass through a security gate in order to en ...

An inspection is a close and thorough examination of a house and property. A licensed individual usu ...

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

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