12 th Annual ACI-NA Insurance & Risk Management Conference
|
|
- Joan Perkins
- 8 years ago
- Views:
Transcription
1 12 th Annual ACI-NA Insurance & Risk Management Conference General Session 8 - Terrorism How Does Aviation Liability Insurance Respond to Terrorism? Stephen P. Dinsdale
2 Any opinions or positions expressed in this presentation are the presenter s own or those held by ACI-NA Insurance and Risk Management Committee and not those of any ACE company. The information, material and descriptions contained herein are intended only as a general overview of certain types of insurance or insurance-related services. The description(s) of insurance coverages, policies or services herein shall not amend, modify, replace, alter, or otherwise changes the terms, conditions, limits, provisions, exclusions or endorsements contained in any policy issued by the insurance companies of. Please consult your insurance professional and/or policy for precise terms, limits, exclusions and conditions. The description(s) and material(s) contained herein shall not provide a basis for a legal relationship between and any potential or existing customer and gives no cause to anyone for claims, demands, assertions or other rights towards or the insurance companies of, either on a contractual or on a non-contractual basis. The material(s), descriptions of insurance coverage(s) and/or program(s) and/or the information provided herein shall bestow no rights or obligations upon or any customer or potential customer and shall not be distributed by anyone for any commercial or non-commercial use, purpose or intention without the express written permission of. 2
3 How does Aviation Liability Insurance Respond to Terrorism? Most Aviation Insurers and Reinsurers provide Terrorism Coverage, either as required by the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) or under Extended Coverage Endorsements (EC Endorsements) Most Aviation Insurers and Reinsurers do not provide Terrorism Coverage arising out of Nuclear, Biological or Chemical (NCB) Weapons of Terrorism Policies contain Nuclear Risk and Pollution and Contamination Exclusions, which remain paramount 3
4 Principal Differences Between Terrorism Coverage Under TRIPRA vs. EC For Most Aviation Liability Insurance Policies TRIPRA Endorsement Applies only to CERTIFIED ACTS Limits Insurer and Federal Payments combined to US$100 Billion Annual Aggregate for all Insured Losses (not just Aviation Liability Losses), subject to Program trigger of US$100 Million Federal Government assumes an 85% share in Terrorism Losses above Insurer s Annual Deductible (currently 20% of Direct Earned Premium Includes Recoupment Provisions 4
5 Principal Differences Between Terrorism Coverage Under TRIPRA vs. EC For Most Aviation Liability Insurance Policies EC Endorsement Applies to both CERTIFIED ACTS and NON CERTIFIED ACTS Includes many other Perils in addition to Terrorism Limits Coverage to Annual Aggregate Limit (current Maximum Limit available US$150 Million) Separate stand alone coverage is available for higher limits up to US$750 Million; at times higher if required 5
6 How does Aviation Liability Insurance Respond to Terrorism? Contains certain Automatic Termination Provisions, for example: 6 Upon the outbreak of War (whether there be a Declaration of War or not) between any two or more of the following States, namely: France, the People s Republic of China, the Russian Federation, the United Kingdom, the United States of America; the following Coverages terminate automatically upon the hostile detonation of any weapon of War employing Atomic or Nuclear Fission and/or Fusion or other like reaction or Radioactive Force or matter wheresoever or whensoever such Detonation may occur; War, Invasion, Acts of Foreign Enemies, Hostilities, Civil War, Rebellion, Revolution, Insurrection, Martial Law, Military or Usurped Power or attempts at Usurpation of Power. a4
7 Slide 6 a4 What are the capitalized terms tied to? acejrw, 1/10/2011
8 How does Aviation Liability Insurance Respond to Terrorism? Review and Cancellation Allows Insurers to review Premium and/or Geographical Limits with 7 Days Notice Allows Insurers to cancel one or more parts of the EC Endorsement with 48 Hours Notice following a Hostile Detonation as described above Allows Insurers to cancel the EC Endorsements at any time with 7 Days Notice 7
9 How does Aviation Liability Insurance Respond to Terrorism? Summary Of Differences Between TRIPRA And EC Endorsements TRIPRA Applies only to CERTIFIED ACTS OF TERRORISM ; Does not limit Coverage under insurance policy to Aggregate Amount, but policy limits still apply However, does reflect TRIPA industry-wide Annual Aggregate Limit for all CERTIFIED ACTS of US$100 Billion Does not contain different Cancellation Provisions so Policy Cancellation and Non Renewal Provisions apply a10 8
10 Slide 8 a10 But the limits still apply - including applicable aggregates. acejrw, 1/10/2011
11 TRIPRA Definition of CERTIFIED ACTS OF TERRORISM A. CERTIFICATION The term act of terrorism means any act that is certified by the Secretary, in concurrence with the Secretary of State, and the Attorney General of the United States (i) to be an act of terrorism; (ii) to be a violent act or an act that is dangerous to - (I) human life; (II) property; or (III) infrastructure; (iii) to have resulted in damage within the United States, or outside of the United States in the case of (I) an air carrier or vessel described in paragraph (5)(B); or (II) the premises of a United States mission; and (iv) to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion 9 B. LIMITATION No act shall be certified by the Secretary as an act of terrorism if (i) the act is committed as part of the course of a war declared by the Congress, except that this clause shall not apply with respect to any coverage for workers compensation; or (ii) property and casualty insurance losses resulting from the act, in the aggregate, do not exceed $5,000,000.
12 How does Aviation Liability Insurance Respond to Terrorism? EC Endorsements: Limits Coverage to an Annual Aggregate Limit Covers other perils in addition to Terrorism Covers CERTIFIED ACTS OF TERRORISM, as well as non certified acts (NCB still excluded) Contains Automatic Termination, Cancellation and Review Provisions 10
13 How does Aviation Liability Insurance Respond to Terrorism? EC Endorsements: Samples of ACE INSURANCE COMPANY Standard War, Hi-Jacking and Other Perils Exclusion Clause, and an EC Endorsement. Certain States have different clauses as required by the applicable regulator. War Exclusion Clause AAP 203 (02-08) 11
14 How does Aviation Liability Insurance Respond to Terrorism? Neither TRIPRA NOR EC Endorsements Generally Include Any Form Of NCB Terrorism Coverage NCB Coverage For Terrorism: Two Bermuda-based Insurers offer certain NCB Coverage for Terrorism, normally as an adjunct to the Coverage provided by EC Endorsements: CATLIN, Bermuda US$50 Million HISCOX, Bermuda US$25 Million 12
15 Thank You QUESTIONS 13
Terrorism Risk Insurance Program Reauthorization Act of 2007
Bulletin 348 Terrorism Risk Insurance Program Reauthorization Act of 2007 Background This Bulletin replaces Bulletin 341. Its purpose is to advise insurers doing business in Maine of the updated coverage
More informationMODEL BULLETIN FILING PROCEDURES FOR COMPLIANCE WITH THE PROVISIONS OF THE TERRORISM RISK INSURANCE PROGRAM REAUTHORIZATION ACT OF 2007
MODEL BULLETIN TO: RE: FROM: ALL PROPERTY & CASUALTY INSURERS WRITING COMMERCIAL LINES INSURANCE PRODUCTS ALL INSURERS ON THE NAIC QUARTERLY LISTING OF ALIEN INSURERS FILING PROCEDURES FOR COMPLIANCE WITH
More informationTerrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA)
Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA) 13 th Annual ACI-NA Insurance & Risk Management Conference January 13, 2012 Stephen P. Dinsdale Senior Vice President, ACE USA Any
More informationOregon Insurance Division Bulletin INS 2015-
Oregon Insurance Division Bulletin INS 2015- TO: RE: ALL PROPERTY AND CASUALTY INSURERS WRITING COMMERCIAL LINES INSURANCE PRODUCTS; AND ALL INSURERS ON THE NAIC QUARTERLY LISTING OF ALIEN INSURERS FILING
More informationTERRORISM RISK INSURANCE PROGRAMME
UNITED STATES TERRORISM RISK INSURANCE PROGRAMME This programme was renewed in January 2015 and this document will be updated shortly. In the meantime, please refer to: https://www.congress.gov/bill/114th-congress/house-bill/26
More informationAIG Taiwan Insurance Hull Deductible Policy
查 詢 本 公 司 資 訊 公 開 說 明 文 件, 請 上 本 公 司 網 站, 網 址 :www.aig.com.tw, 或 至 本 公 司 索 取 免 費 申 訴 電 話 :0800-866588 AIG Taiwan Insurance Hull Deductible Policy 96.06.29(96) 邦 保 商 企 字 第 020 號 函 備 查 96.08.31 依 行 政 院 金
More informationProtection & Indemnity Insurance 2016/2017 Part 2 final
P&I 2608/2016 15 January 2016 Protection & Indemnity Insurance 2016/2017 Part 2 final This is the second circular letter in respect of 2016/2017 policy year including updated information. The information
More informationBUILDING MANAGEMENT (THIRD PARTY RISKS INSURANCE) REGULATION CONTENTS
BUILDING MANAGEMENT (THIRD PARTY RISKS INSURANCE) REGULATION CONTENTS Section Page 1. Commencement 1 2. Interpretation 1 3. Requirements in respect of policies: liabilities to be covered 3 4. Requirement
More informationSTATE OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE 500 JAMES ROBERTSON PARKWAY NASHVILLE, TENNESSEE 37243-5065 615-741-6007 BULLETIN
PHIL BREDESEN GOVERNOR STATE OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE 500 JAMES ROBERTSON PARKWAY NASHVILLE, TENNESSEE 37243-5065 615-741-6007 BULLETIN PAULA A. FLOWERS COMMISSIONER TO: FR: RE:
More informationWAR RISKS P&I EXCESS COVER DIRECTORS RESOLUTION OF 26TH JANUARY 2015
JANUARY 2015 WAR RISKS P&I EXCESS COVER SPECIAL COVER UNDER PROVISO TO RULE 5E DIRECTORS RESOLUTION OF 26TH JANUARY 2015 WHEREAS, in accordance with Rule 5E of the Association s Rules coverage for certain
More informationExcel Insurance. 100 American Metro Blvd., Suite 104 Hamilton, NJ 08619 Phone: (609) 530 0111 Fax: (609) 538 0661 RENEWAL QUOTE
Primary Named Insured DBA Mailing Address Company 100 American Metro Blvd., Suite 104 Hamilton, NJ 08619 Phone: (609) 530 0111 Fax: (609) 538 0661 RENEWAL QUOTE Please note that coverages and/or terms
More informationBULLETIN NO. 2015~01
LOUISIANA DEPARTMENT OF INSURANCE JAMES J. DONELON COMMISSIONER BULLETIN NO. 2015~01 TO: FROM: RE: ALL PROPERTY & CASUALTY INSURERS WRITING COMMERCIAL LINES INSURANCE PRODUCTS AND ALL INSURERS ON THE NAIC
More informationPREPARED BY: 2560 RIVER PARK PLAZA, SUITE 300 FORT WORTH, TEXAS (866) 738-6100 PULLENINS.COM
WYOMING YOUTH SOCCER 2013 / 2014 INSURANCE PROPOSAL PREPARED BY: 2560 RIVER PARK PLAZA, SUITE 300 FORT WORTH, TEXAS (866) 738-6100 PULLENINS.COM 2013 / 2014 Coverage Highlights Summary Player Medical and
More informationEMPLOYERS LIABILITY INSURANCE POLICY
EMPLOYERS LIABILITY INSURANCE POLICY GENERAL PROVISIONS This Policy is evidence of the contract between the Insured and the Insurers. The Insured by a Proposal and Declaration which shall be the basis
More information44,440 *Minimum Premium $
XL Excess Liability 1 WFC, 200 Liberty Street, 22nd Quotation of Insurance Issue Date 10/18/2013 Quote Expiration Date 10/31/2013 Contact Contact Email Tim Harper tharper@lockton.com Phone 646-572-7332
More informationDEDUCTIBLE BUY-BACK INSURANCE - Stevens 09 amended SCHEDULE
DEDUCTIBLE BUY-BACK INSURANCE - Stevens 09 amended PLEASE READ THE ENTIRE POLICY CAREFULLY AND INFORM THE PERSON(S) OR FIRM NAMED IN ITEM 11. BELOW IMMEDIATELY IF IT IS NOT CORRECT. 1. NAME OF THE INSURED:
More informationUAS Liability Insurance Policy Wording
UAS Liability Insurance Policy Wording Headings and marginal captions are inserted for the purpose of convenient reference only and are not to be deemed part of this Policy. Certain words and phrases used
More information2015 REGATTA LIABILITY INSURANCE PROGRAM
2015 REGATTA LIABILITY INSURANCE PROGRAM REGATTA LIABILITY INSURANCE POLICY This provides coverage for your organization s officers, directors, committee members, judges and regional sailing association
More informationXL INSURANCE (CHINA) COMPANY LIMITED AVIATION THIRD PARTY LIABILITY INSURANCE (FOR UAV)
XL INSURANCE (CHINA) COMPANY LIMITED AVIATION THIRD PARTY LIABILITY INSURANCE (FOR UAV) SCHEDULE PART 1 Policy No: Proposal dated: Name of Insured: Address: Period of Insurance: Inception Date: Expiry
More informationAPPENDIX / ANHANG (as per 01.04.2014)
APPENDIX / ANHANG (as per 01.04.2014) to the General Insurance Conditions of Hanseatic P&I - Shipowner s Liability (as per 15.01.2010), Charterer s Liability (as per 01.05.2005) and Inland Craft Liability
More informationPolicy wording. General conditions. AMI Businesspack Business Insurance. Your duty to comply. About this Businesspack policy. Interpreting this Policy
AMI Businesspack Business Insurance Policy wording Welcome, thanks for choosing to protect your business with IAG New Zealand Limited. AMI Insurance Limited is part of the IAG group of companies in New
More informationWar Insurance Conditions for Vessels of 1st January 2006
War Insurance Conditions for Vessels of 1st January 2006 These Conditions are approved by the Swedish Transport Insurance Pool and The Swedish Shipowner s Association and are only intended as a guidance.
More informationWAR, MILITARY ACTION AND TERRORISM EXCLUSION
COMMERCIAL AUTO CA 23 37 01 02 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION This endsement modifies insurance provided under the following: BUSINESS AUTO COVERAGE FORM BUSINESS
More informationHeadings and marginal captions are inserted for the purpose of convenient reference only and are not to be deemed part of this Policy.
UNMANNED AIRCRAFT SYSTEM LIABILITY INSURANCE Headings and marginal captions are inserted for the purpose of convenient reference only and are not to be deemed part of this Policy. Certain words and phrases
More informationHole In One Policy Wording
Hole In One Policy Wording V03.14 Pen Underwriting Pty Ltd ABN 89 113 929 516 AFSL 290518 Our name comes from the expression to pass the pen. It reflects what we do and what we bring to the insurance industry
More informationEXHIBIT A WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE POLICY WC 20 01 01 Original Printing Effective January 1, 2008 Standard MASSACHUSETTS TERRORISM RISK INSURANCE PROGRAM REAUTHORIZATION ACT
More informationExclusions or Limitations for Lines of Business Not Defined as Property and Casualty Insurance under the Act
STATE OF CONNECTICUT INSURANCE DEPARTMENT Bulletin PC-76 February 5, 2015 TO: All Property & Casualty Insurers Writing Commercial Lines Insurance Products and All Insurers on the NAIC Quarterly Listing
More informationTerrorism Risk Insurance Program Reauthorization
January 13, 2015 Terrorism Risk Insurance Program Reauthorization On January 12, 2015, the President signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2015. 1 This Act reauthorizes
More informationSPECIMEN COPY OF KEY CLAUSES/CONDITIONS OF PUBLIC LIABILITY POLICY
SPECIMEN COPY OF KEY CLAUSES/CONDITIONS OF PUBLIC LIABILITY POLICY Appendix 7b 1 WHEREAS the Insured by a proposal which shall be the basis of this Contract and be held as incorporated herein has applied
More informationCOMMUNITY RESIDENTIAL POLICY SCHEDULE
COMMUNITY RESIDENTIAL POLICY SCHEDULE LEASEHOLD AND MORTGAGED BUILDINGS INSURANCE Policy Number N0A4N0V15A0T Agents Name Gallagher Heath Policyholder s Name Guildford Borough Council Millmead House, Millmead,
More informationOne Hundred Tenth Congress of the United States of America
H. R. 2761 One Hundred Tenth Congress of the United States of America AT THE FIRST SESSION Begun and held at the City of Washington on Thursday, the fourth day of January, two thousand and seven An Act
More informationIRONSHORE INSURANCE SERVICES LLC
IRONSHORE INSURANCE SERVICES LLC ONE STATE STREET, 7 TH FLOOR, NEW YORK, NY 10004 ADMINISTRATOR FOR PEMBROKE MANAGING AGENCY - LLOYD S Syndicate 4000 UMR# B6081NB000441A GENERAL SPECIE INSURANCE POLICY
More informationMARINE HULL INSURANCE CONDITIONS COVERING WAR, PIRACY, TERRORISM AND SIMILAR RISKS
These clauses are for illustrative purposes only and different terms and conditions may be agreed in particular where any clause excludes losses or makes cover subject to certain conditions. MARINE HULL
More information2002 (TRIA), 2005 (TRIEA) 2007 (TRIPRA)
The Terrorism Risk Insurance Act of 2002 (TRIA), as amended by the Terrorism Risk Insurance Extension Act of 2005 (TRIEA) and the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA) Prepared
More informationPolicy Wording. Hangar Keepers Liability Insurance. Insurance Policy Number HKL2015V1 Issued to clients of VMIA
Policy Wording Hangar Keepers Liability Insurance Insurance Policy Number HKL2015V1 Issued to clients of VMIA For the period 30 June 2015 to 30 June 2016 Contents Agreement to Insure... 3 Section 1: Liability
More informationSPECIMEN COPY OF KEY CLAUSES/CONDITIONS OF PUBLIC LIABILITY POLICY
SPECIMEN COPY OF KEY CLAUSES/CONDITIONS OF PUBLIC LIABILITY POLICY WHEREAS the Insured by a proposal which shall be the basis of this insurance policy and be held as incorporated herein, has applied to
More informationWork Injury Compensation Insurance (Contract)
Work Injury Compensation Insurance (Contract) Policy Wordings Please read this insurance Policy carefully to ensure that you understand the terms and conditions and that this Policy meets your requirements.
More informationTOI: 01.0 Property SERFF Status: Closed State Tr Num: EFT $100 Sub-TOI: 01.0001 Commercial Property (Fire and Allied Lines)
Project Name/Number: /20080107-08 Filing at a Glance Company: American Modern Home Insurance Company SERFF Tr Num: AMMH-125583707 State: Arkansas TOI: 01.0 Property SERFF Status: Closed State Tr Num: EFT
More informationWork Injury Compensation Insurance (Annual)
Work Injury Compensation Insurance (Annual) Policy Wordings Please read this insurance Policy carefully to ensure that you understand the terms and conditions and that this Policy meets your requirements.
More informationMATERIAL DAMAGE AND BUSINESS INTERRUPTION INSURANCE SUGGESTED WORDINGS
MATERIAL DAMAGE AND BUSINESS INTERRUPTION INSURANCE SUGGESTED WORDINGS Competition Law Compliance: This document has been produced by the ABI to assist members in their handling of a particular matter.
More informationQUEST - QBE COMPREHENSIVE MOTOR INSURANCE MASTER POLICY
QUEST - QBE COMPREHENSIVE MOTOR INSURANCE MASTER POLICY CONTENTS PAGE SECTION 1: LOSS OR DAMAGE TO VEHICLE 1 INSURING CLAUSE 1 AUTOMATIC EXTENSION 1 LIMIT OF INDEMNITY 1 EXCLUSIONS 1 EXCESS FOR SECTION
More informationCommercial & Motor Trade Excess Reimbursement Policy Wording. Please refer to Your Certificate of Insurance for confirmation of coverage details
Please refer to Your Certificate of Insurance for confirmation of coverage details This is Your Commercial & Motor Trade Excess Reimbursement Insurance Policy. It contains details of cover, conditions
More informationAPPLICATION FOR INSURANCE AGENTS AND BROKERS ERRORS AND OMISSIONS COVERAGE
APPLICATION FOR INSURANCE AGENTS AND BROKERS ERRORS AND OMISSIONS COVERAGE (Claims Made Basis) APPLICANT S INSTRUCTIONS: 1. Answer all questions. If the answer requires detail, please attach a separate
More informationAPPLICATION FOR SPECIFIED PRODUCTS AND COMPLETED OPERATIONS LIABILITY INSURANCE
Deerfield Insurance Company Evanston Insurance Company Essex Insurance Company Markel American Insurance Company Markel Insurance Company Associated International Insurance Company APPLICATION FOR SPECIFIED
More informationTHIS ADDENDUM IS TO BE READ WITH AND CONSTITUTES PART OF THE TENDER DOCUMENTS.
ADDENDUM WSP Project No. 141-21285-00 Addendum No.: 2 Date: May 11, 2015 Contract No.: 13-006 Owner: Consultant: Number of Pages Project Name Hamilton International Airport WSP Canada Inc. 6 (including
More informationPUBLIC LIABILITY INSURANCE POLICY
PUBLIC LIABILITY INSURANCE POLICY GENERAL PROVISIONS This Policy is evidence of the contract between the Insured and the Insurers. The Insured by a Proposal and Declaration which shall be the basis of
More informationFederal Aviation Administration Aviation Insurance Program
Federal Aviation Administration Aviation Insurance Program 1 General Authority Chapter 443 of title 49, U.S.Code Insurance and reinsurance Any risk from the operation of an American or foreignflag aircraft
More informationPrecision Premier Finalize Quote Proposal
Zurich in North America Small Business ATTENTION DENVER AGENCY COMPANY Thank you for the opportunity to provide your quote. This quote is based on the underwriting and rating information, including deductibles
More informationEmployers Liability Policy
LIABILITY Employers Liability Policy Costs in Addition (Claims Made Wording) Lumley, a business division of IAG New Zealand Limited, Lumley Centre, 88 Shortland Street, PO Box 2426, Auckland 1140, New
More informationGARAGEKEEPERS COVERAGE
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY GARAGEKEEPERS COVERAGE This endorsement modifies insurance provided under the BUSINESSOWNERS COVERAGE FORM SCHEDULE Location No. Coverages
More informationGIO Workers Compensation Western Australia Employer Indemnity Policy
GIO Workers Compensation Western Australia Employer Indemnity Policy Index Introduction... 1 Definitions...1 Workers Compensation Insurance...2 Common Law Insurance...2 Policy limit of the Common Law Insurance...3
More informationMaster Policy. Solicitors Indemnity Insurance 2006/07 Master Policy and Certificate of Insurance
Master Policy Queensland Law Society Incorporated Solicitors Professional Indemnity Insurance Master Policy 2006 2007 1 The Insurer agrees with the Queensland Law Society Incorporated (hereinafter and
More informationBUSINESS INTERRUPTION COVERAGE
POLICY NUMBER: COMMERCIAL AUTO CA 99 05 02 14 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. BUSINESS INTERRUPTION COVERAGE This endorsement modifies insurance provided under the following:
More informationCarriers Cargo Liability Insurance. Policy Wording
Carriers Cargo Liability Insurance Policy Wording Contents ZU10587 - V5 05/13 - CGEL-007554-2013 Welcome to Zurich About Zurich... 2 Duty of Disclosure... 2 Non-disclosure or Misrepresentation... 2 Our
More informationFlood Excess Insurance Policy
Flood Excess Insurance Policy INTRODUCTION Thank You for choosing to purchase this Flood Excess Insurance Policy. It is important that You read this policy document carefully, together with Your Policy
More informationACE Membership Auto Deductible Reimbursement Insurance (ADR) TERMS AND CONDITIONS
ACE Membership Auto Deductible Reimbursement Insurance (ADR) TERMS AND CONDITIONS I. Definitions Auto Insurance refers to a policy of insurance issued to the Member or Family Member for which the Member
More informationTake It Easy Sports Personal Accident Insurance
SPORTS Snap cover from Take It Easy Sports Personal Accident Insurance Product Disclosure Sheet (Read this Product Disclosure Sheet before you decide to take out the Take It Easy Sports Personal Accident
More informationUAS Liability Insurance Policy Wording
UAS Liability Insurance Policy Wording Headings and marginal captions are inserted for the purpose of convenient reference only and are not to be deemed part of this Policy. Certain words and phrases used
More informationPUBLIC LIABILITY INSURANCE POLICY
PUBLIC LIABILITY INSURANCE POLICY IT IS AGREED THAT subject to the Terms Exceptions and Conditions contained herein or endorsed hereon the Company will during the Period of Insurance stated in the said
More informationPRODUCT LIABILITY INSURANCE (Richard Oliver Version)
(Richard Oliver Version) OPERATIVE CLAUSE The Underwriters will indemnify the Assured against their legal liability, whether by way of claims made against them or by way of loss or expense incurred by
More information國 泰 產 物 Aviation Refuelling Liability Insurance
備 查 文 號 :97.0 97.02.15 15(97) 企 字 第 200-38 號 函 備 查 免 費 申 訴 電 話 :0800 0800-036 036-599 國 泰 產 物 Aviation Refuelling Liability Insurance INSURING AGREEMENT Insurers hereby agree to the extent and in the manner
More information1.1 To inform the Market of the mandatory procedures if terrorism exclusions are included in contracts insuring Illinois risks.
Market Bulletin One Lime Street London EC3M 7HA FROM: Director, Worldwide Markets LOCATION: G12 EXTENSION: 5998 DATE: 28 April 2003 REFERENCE: Y3045 SUBJECT: ILLINOIS: TERRORISM EXCLUSIONS SUBJECT AREA(S):
More informationPUBLIC AND PRODUCTS LIABILITY INSURANCE SCHEDULE TO THE POLICY
PUBLIC AND PRODUCTS LIABILITY INSURANCE SCHEDULE TO THE POLICY INSURED: POLICY NO: BUSINESS: PERIOD OF INSURANCE: From: To: (both dates inclusive) INDEMNITY LIMITS: Section A: Section B: Section C: EXCESS:
More informationCITY COUNTY INSURANCE SERVICES TRUST WORKERS' COMPENSATION COVERAGE AGREEMENT
CITY COUNTY INSURANCE SERVICES TRUST WORKERS' COMPENSATION COVERAGE AGREEMENT Various provisions of this agreement restrict coverage. Read the entire coverage agreement carefully to determine rights, duties,
More informationProperty Insurance. Endorsement. Policy Period. Effective Date. Policy Number. Insured. Name of Company. Date Issued
Insurance Policy Period Insured Name of Company Date Issued This applies to the following forms: SCHEDULE Form 80-02-1300 (Rev. 7-03) Page 1 (continued) Premises Coverages Under Premises Coverages, and
More informationAsda Van Insurance. Excess Protection. money
Asda Van Insurance Excess Protection money Contents page number Excess protection... 3 Who is your insurer?... 3 Certification of Cover... 3 Important... 3 Who administers your policy?... 3 Language...
More informationMOTOR VEHICLE ACCIDENT VICTIM INSURANCE POLICY
MOTOR VEHICLE ACCIDENT VICTIM INSURANCE POLICY Subject to the coverage, conditions, and exclusions of the insurance and being endorsed hereon, the Company agrees with the Insured as follows:- 1. This Insurance
More informationPUBLIC LIABILITY INSURANCE ACT POLICY
PUBLIC LIABILITY INSURANCE ACT POLICY 1. OPERATIVE CLAUSE Upon receipt of written proposal & declaration along with premium from the Insured (as named in the Schedule), SBI General Insurance Company Limited
More informationMEDICAL MALPRACTICE LIABILITY INSURANCE
MEDICAL MALPRACTICE LIABILITY INSURANCE General Provisions 1. The Insured or the Policyholder is requested to read this Policy carefully and to advise the Company immediately if there are any errors or
More informationWar Risk Insurance 2015
Marine 405/2014 18 December 2014 War Risk Insurance 2015 The terms for War Risk Insurance for 2015 are outlined in this circular. The Association will continue the process of streamlining the cover to
More informationEmployer Indemnity Policy. Western Australia Workers Compensation and Injury Management Act 1981
Employer Indemnity Policy Western Australia Workers Compensation and Injury Management Act 1981 Table of contents page Introduction 2 Definitions 2 Workers Compensation Insurance 4 Common Law Insurance
More information"Insurance Services Office, Inc. Copyright"
POLICY NUMBER: COMMERCIAL AUTO CA 23 23 11 02 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. "Insurance Services Office, Inc. Copyright" This form has been promulgated by the Virginia State
More informationCarriers Cargo Liability Insurance. Policy Wording
Carriers Cargo Liability Insurance Policy Wording Effective date: 1 December 2011 Page 2 of 6 Schedule Contents About our Carriers Cargo Liability Insurance About Zurich... 2 How to apply for this insurance...
More informationFiling at a Glance. General Information. Company and Contact
05.0 Commercial Multi-Peril - & Non- Sub- Filing at a Glance Company: American Modern Home Insurance Company SERFF Tr Num: AMMH-125647073 State: Arkansas 05.0 Commercial Multi-Peril - & SERFF Status: Closed
More informationTom Bolt, Performance Management Director
market bulletin Ref: Y4396 Title Purpose Type From Financial Guarantee Insurance, Contract Frustration, Trade Credit and related classes To update Lloyd s requirements in respect of Contract Frustration
More informationHeadings and marginal captions are inserted for the purpose of convenient reference only and are not to be deemed part of this Policy.
- LONDON AIRCRAFT INSURANCE POLICY Headings and marginal captions are inserted for the purpose of convenient reference only and are not to be deemed part of this Policy. Certain words and phrases used
More informationTHE TERRORISM RISK INSURANCE PROGRAM REAUTHORIZATION ACT
WILLIS NORTH AMERICA A Willis Client Advisory Program Overview: THE TERRORISM RISK INSURANCE PROGRAM REAUTHORIZATION ACT A Willis Client Advisory Program Overview: THE TERRORISM RISK INSURANCE PROGRAM
More informationEmployers Liability Insurance Policy
Employers Liability Insurance Policy You only have cover under this policy if the schedule lists it as included. This policy should be read in conjunction with the schedule. Contents 1 Definitions... 2
More informationCND Auto Policy Letter Kit
0000078142 3/31/2015 CND Derek Mah SOCHER INSURANCE AGENCY, INC. 1065 E. Hillsdale Boulevard Suite 425 Foster City, CA 94404 Fax Number: 650-897-5183 Phone Number: 650-897-5183 CND Auto Policy Letter Kit
More informationNon-ownership Liability Insurance
Policy Wording Non-ownership Liability Insurance Policy Number NOL2015V1 Issued to clients of VMIA For the period 30 June 2015 to 30 June 2016 Contents Agreement to Insure... 3 Section 1: Legal Liability
More informationCONTAINER INSURANCE POLICY. LIBERTY MUTUAL INSURANCE COMPANY (A Massachusetts Stock Insurance Company, hereinafter called the Company )
LIBERTY MUTUAL INSURANCE COMPANY (A Massachusetts Stock Insurance Company, hereinafter called the Company ) THIS POLICY SHALL BE VOID IF THE INSURED HAS CONCEALED OR MISREPRESENTED ANY MATERIAL FACT OR
More information國 泰 產 物 Comprehensive General Liability Policy. Endorsement
備 查 文 號 :103. 103.09.15 (103) 企 字 第 200-52 524 號 免 費 申 訴 電 話 :0800 0800-036 036-599 國 泰 產 物 Comprehensive General Liability Policy Endorsement ENDORSEMENT LIST 1. Combined Single Limit Endorsement 2. Deductible
More informationb o n l i f e Bonben Assurance Namibia Limited Registration Number: 96 / 391 CERTIFICATE OF PARTICIPATION (NUMBER BONLIFE/01/07/14/DB) ISSUED
b o n l i f e Bonben Assurance Namibia Limited Registration Number: 96 / 391 CERTIFICATE OF PARTICIPATION (NUMBER BONLIFE/01/07/14/DB) ISSUED to INVESTMED LTD Reg No. 2008/0614 SCHEDULE OF INSURANCE Policyholder:
More information05.1003 Commercial Package Portion Only
TRIA Update/ Filing at a Glance Company: Florists' Mutual Insurance Company SERFF Tr Num: FLWR-125579209 State: Arkansas SERFF Status: Closed State Tr Num: EFT $50 Co Tr Num: State Status: Fees verified
More informationYOUR MOTOR EXCESS INSURANCE POLICY
YOUR MOTOR EXCESS INSURANCE POLICY MCE_MotorXS_Protection_001 Excess Protection - Focus Insurance Co. For policies incepted 1st July 2014 to 4th January 2015 with Focus Insurance Co. Exclusions 1. Vehicles
More informationPUBLIC & PRODUCTS LIABILITY INSURANCE
PUBLIC & PRODUCTS LIABILITY INSURANCE ASSURED: SCHEDULE TO THE POLICY POLICY NUMBER: BUSINESS: PERIOD OF INSURANCE: From: To: (both dates inclusive) INDEMNITY LIMITS: Section: A: Section B: Section C:
More informationContractors Plant and Equipment Insurance Policy
Contractors Plant and Equipment Insurance Policy Please read this Policy carefully to ensure that it meets your requirements This policy the Schedule (including any Schedule issued in substitution) and
More informationEMPLOYERS LIABILITY INSURANCE (ELI)
EMPLOYERS LIABILITY INSURANCE (ELI) POLICY WORDING - 1 - ELI/CTPNZ/010110 EMPLOYERS LIABILITY INSURANCE 1 ABOUT THIS POLICY 1.1 Welcome China Taiping Insurance (NZ) Company Limited is proud to be part
More informationMONEY INSURANCE POLICY
COMPANY LOGO TO P.O BOX MONEY INSURANCE POLICY Policy Number: Period of Insurance: From: To: (Both dates inclusive) and any subsequent period for which the Insured shall pay and the Company shall accept
More informationPolicy Wording. Directors and Officers Liability and Company Reimbursement. Issued to Eligible Emergency Resource Providers by VMIA
Policy Wording Directors and Officers Liability and Company Reimbursement Issued to Eligible Emergency Resource Providers by VMIA For the period date 30 June 2014 to 30 June 2015 Contents Directors and
More informationComprehensive Contractors Plant & Equipment Cover Political Risks (CCP)
Syndicate 2623/623 at Lloyd s Plantation Place South 60 Great Tower Street Comprehensive Contractors Plant & Equipment Cover Political Risks (CCP) SCHEDULE Policy No: 1. Assured: 2. Assured's country:
More informationPolicy Wording. Professional Indemnity Insurance. Issued to Eligible Emergency Resource Providers by VMIA
Policy Wording Professional Indemnity Insurance Issued to Eligible Emergency Resource Providers by VMIA For the period date 30 June 2015 to 30 June 2016 Contents Professional Indemnity Policy... 3 Definitions...
More informationTerrorism - combined liability insurance Policy wording
Policy wording Policy wording About this policy Basis of insurance Some of the words underwriters use have a special meaning in this insurance. If a word is in bold type, please read the definitions section.
More informationPOLICY WORDING. Employers Liability Costs in Addition
POLICY WORDING Employers Liability Costs in Addition CONTENTS INTRODUCTION 2 SECTION 1 INSURANCE AGREEMENT 2 SECTION 2 WHAT YOU ARE INSURED FOR 2 SECTION 3 AUTOMATIC POLICY EXTENSIONS 3 SECTION 4 EXCLUSIONS
More informationINDIA MOTOR TARIFF w.e.f 01.07.2002 - Policy wording STANDARD POLICY FORM FOR MOTOR TRADE INTERNAL RISKS
INDIA MOTOR TARIFF w.e.f 01.07.2002 - Policy wording STANDARD POLICY FORM FOR MOTOR TRADE INTERNAL RISKS Whereas the insured by a proposal and declaration dated as stated in the Schedule which shall be
More informationMedical Malpractice Insurance Policy
Medical Malpractice Insurance Policy You only have cover under this policy if the schedule lists it as included. This policy should be read in conjunction with the schedule. Contents 1 Definitions... 2
More informationName of the product. Mi Familia Municipal. Name of the company. Protecta. Type of company/organization. Commercial insurer
Name of the product Name of the company Type of company/organization Mi Familia Municipal Protecta Commercial insurer Legal license (for formal insurers only) Life Risk covered Country Life Peru Disclaimer
More informationPROPERTY DEVELOPMENT CONTINGENCY INSURANCE. Your Policy Terms and Conditions September 2013 Edition
PROPERTY DEVELOPMENT CONTINGENCY INSURANCE Your Policy Terms and Conditions September 2013 Edition WELCOME TO AXA Introducing AXA One of the world s largest insurers With more than 50 million customers
More informationMultimodal Transport Operator s Liability Insurance Policy
(Translation) Multimodal Transport Operator s Liability Insurance Policy Definitions The meanings of the terms defined in this Section shall bear the same meanings wherever they shall appear in this Policy,
More informationCONTRACTORS ALL RISKS EXCESS OF LOSS INSURANCE POLICY
ACE European Group Ltd. 2 nd Floor, 5 George's Dock, International Financial Services Centre, Dublin 1. 01 440 1700 tel 01 440 1701 fax www.aceeurope.ie ACE European Group Limited is authorised by the
More information