PRIORITY. Professional Indemnity Insurance Contract
|
|
- Daniel Atkins
- 8 years ago
- Views:
Transcription
1 PRIORITY Professional Indemnity Insurance Contract Between AC&E PI and Liability Underwriters (Pty) Ltd acting as underwriting managers on behalf of the New National Assurance Company Ltd and hereafter referred to as the Insurers; And The Insured as stated in the Schedule of insurance attached hereto. A PREAMBLE In consideration of, and conditional upon, the payment of the premium by or on behalf of the Insured and receipt thereof by or on behalf of the Insurer, the Insurer is hereby obliged to insure in accordance with the Insuring Agreement, General Provisions and Exclusions contained herein or endorsed hereon. The Insuring Agreement under this policy is in respect of incidents happening within the territorial limits on or after the retroactive date as stated in the Schedule and which results in a Claim(s) first being made against the Insured during the policy period. Costs incurred for any Defence or Investigations will reduce the limit of indemnity available to pay for settlements or judgments, and will be applied against the Deductible. B DEFINITIONS Words and phrases used in this policy shall in the first instance assume the definition ascribed to it in terms of the Act. Where no definition is ascribed to a word or phrase in the Act such word or phrase will first assume the generally accepted insurance definition prior to assuming the ordinary dictionary meaning assigned to it. In this policy the following words in italics shall have the definitions that follow wherever they appear in this policy: 1. Act Financial Advisory and Intermediary Services Act, 37 of The following words shall assume the definition ascribed to it under the Act: 1. Associate(s) 2. Client 3. Representative 4. Key Individual 2. Business the rendering of financial services by the Insured for which it is licensed as a Category I service provider under the Act. 1
2 3. Claim a written demand or civil, regulatory or arbitration proceeding seeking compensation or other legal remedy for a breach of statutory duty in terms of the Act; 4. Damages the amount claimed by the Client or any award granted to a Client by any court or any ombud, whether arrived at through a process of litigation, arbitration or mediation or by way of a settlement which is made an order of court or of any ombud. 5. Deductible the amount payable by the Insured in respect of each and every Claim or series of Claims under this policy prior to the Insurer incurring any liability for such Claim or series of Claims. Such Deducible shall not form part of the Limit of Indemnity as stated in the Schedule. 6. Defence Costs (i) reasonable costs and expenses incurred with the Insurer s prior written consent by or on behalf of an Insured after a Claim is made, directly in connection with its investigation, defence, settlement or appeal, but shall not include remuneration of any Insured, cost of their time or costs or overheads. (ii) reasonable fees, costs and expenses of an accredited expert retained through defence counsel approved by the Insurer on behalf of an Insured to prepare an evaluation, report, assessment, diagnosis or rebuttal of evidence in connection with the defence of a covered Claim. 7. Employee(s) any person currently (or who at the time of the incident or circumstance was) employed under a contract of employment with the Insured including partners and executive directors employed by the Insured and are registered with the Financial Services Board as a Representative and/or Key Individual as per the Act. 8. Insured policyholder and its Representative and/or Key Individual. 9. Insurers New National Assurance Company Ltd and its authorised binder holder, AC&E PI and Liability Underwriting Managers (Pty) Ltd, jointly and severally. 10. Personal Injury bodily Injury, invasion of the right to privacy, discrimination, libel, slander or defamation of character. 2
3 11. Property Damage tangible property, rights of light, air, and water and information (including electronically stored information), intellectual property, or intangible property rights of any kind, or any value therein. 12. Schedule the document attached to the policy detailing the variable information of the contract of insurance. C INSURING AGREEMENT Professional Indemnity Damages, which the Insured shall become legally liable to pay to a Client arising out of a negligent breach of statutory duty in connection with the mandate between the Insured, as performed by a Financial Service Representative or Key Individual, and its Client in terms of the Act. D LIMITS The maximum that the Insurer shall pay for the total of all Claims and Defence and Investigation Costs is the Limit of Indemnity (stated in the Schedule) in respect of all Claims arising out of one and the same occurrence subject to the Deductible payable by the Insured (as stated in the Schedule). In addition, the maximum payable for the total of all Claims and Defence Costs in any one period of insurance is the amount stated in the Schedule as the annual aggregate. E TERRITORIAL LIMITS The cover provided under this policy shall operate worldwide, excluding the United States of America, Canada and the European Union, in respect of the Insured s Business domiciled in the Republic of South Africa. F LAW AND JURISDICTION Any interpretation of this policy or issue relating to its construction, validity or operation shall be adjudicated on in terms of the laws of the Republic of South Africa whose courts shall have the exclusive jurisdiction in any dispute arising hereunder. G GENERAL PROVISIONS 1. Misrepresentation, mis-description and non-disclosure Misrepresentation, mis-description or non-disclosure in any material information shall render voidable that part of the policy and Claims may not be paid in respect of that part of the policy affected by such misrepresentation, mis-description or non-disclosure. 2. Contribution The policy shall not be brought into contribution with any other policy arranged for the same risk. 3
4 3. Claims Notification The Insured shall not have cover in respect of any Claim unless the Insurers were notified of the potential Claim in writing and within 30 (thirty) days from the date on which the Insured became aware of the circumstances that may give rise to a Claim under the policy. The Insured thereafter is obliged to fully cooperate with every reasonable request by the Insurers to quantify, mitigate, defend or settle the Claim. The Insurer shall have the right but is not obliged to defend any Claim brought against the Insured by any Client. 4. Consent to Regular Risk Assessment The Insured acknowledges that the nature of the cover afforded under this policy is such that the risk may vary. The Insured therefore consents to regular reviews being conducted by the Insurer: such reviews may inter alia include requests by the Insurer for additional information, which if not provided by the Insured may be indicative of increased exposure. If in the Insurer s absolute discretion where increased exposure exists the Insurer may adjust the premium payable for the cover provided or terminate the cover; by giving the Insured 30 (thirty) days written notice thereof. H EXCLUSIONS The Insurer shall not be liable to make any payment 1. War Risks arising out of, based upon or attributable to loss, injury, damage or liability directly or indirectly caused by, related to, or in consequence of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, mutiny, insurrection, rebellion, evolution, military or usurped power. 2. Nuclear arising out of, based upon or attributable to loss, damage, cost, expense or liability arising directly or indirectly out of nuclear reaction, ionising radiation or radioactive contamination of any kind, irrespective of whether other causes have contributed. 3. Computer Risks arising out of, based upon or attributable to: a) loss or destruction of or damage to any property whatsoever (including a computer) or any loss or expense whatsoever resulting or arising therefrom; b) any legal liability of whatsoever nature; c) any consequential loss; directly or indirectly caused by or contributed to by or consisting of or arising from the incapacity or failure of any computer, correctly or at all: 4
5 i) to treat any date as the correct date or true calendar date, or correctly or appropriately to recognize, manipulate, in regard to or interpret, process, store, receive or to respond to any data or information, or to carry out any command or instruction, in connection with any such date; or ii) iii) iv) to capture, save, retain or to process any information or code as a result of the operation of any command which has been programmed into any computer, being a command which causes the loss of data or the inability to capture, save, retain or correctly to process such data in regard to or in connection with any such date; or to capture, save, retain or to process any information or code due to programme errors, incorrect entry or the inadvertent cancellation or corruption of data and/or programmes; or to capture, save, retain or to process any data as a result of the action of any computer virus, or other corrupting, harmful or otherwise unauthorized code or instruction including any Trojan horse, time or logic bomb or worm or any other destructive or disruptive code, media or programme or interference. A computer includes any computer, data processing equipment, microchip, integrated circuit or similar device in computer or non-computer equipment or any computer software, tools, operating system or any computer hardware or peripherals and the information or date electronically or otherwise stored in or on any of the above, whether the property of the Insured or not. 4. Fines and other Damages arising out of, based upon or attributable to fines, penalties, punitive and exemplary damages. 5. Employees Dishonesty arising out of, based upon or attributable to an Employee who is dishonest or who conceals or attempts to conceal any act of dishonesty whether their own or that of any other person in relation to any circumstance that may give rise to a Claim hereunder. 6. Unauthorised Persons arising out of, based upon or attributable to the rendering of financial services for which the Insured, Representative or Key Individual was not appropriately authorised under the Act at the time when such service was rendered. 7. Under Insurance and Trading Losses arising out of, based upon or attributable to: a. any Claims relating to losses sustained by the Client in consequence of such Client being underinsured, or b. any Claims relating to investment losses as a result of market fluctuations or investments made in property syndications or similar investments: 5
6 except if the losses are occasioned by a failure of the Insured to implement an instruction received from a Client. 8. Claims by Associates arising out of, based upon or attributable to Claims made against the Insured by any of its Associates. 9. Consent and Admission of Liability arising out of, based upon or attributable Claims where the Insured made any admission, offer, promise to pay or other agreement of compromise with a claimant, potential claimant or any other person without the prior written consent of the Insurers. 10. Prior Claims and Circumstances arising out of, based upon or attributable to: (i) (ii) (iii) any incident or circumstance known to the insured prior to the retroactive date of this policy, which may give rise to a Claim under this policy. any Claim which has been reported or any incident or circumstance for which notice has been given under any other policy of which this policy is a renewal or replacement or which it may succeed in time; or any litigation or pending litigation instituted prior to the inception of this policy or any allegation arising or emanating from the same or essentially the same facts as alleged in such litigation. For the purposes of this exclusion, the term litigation shall include, but not be limited to, any civil, administrative or regulatory proceeding or official Investigation, arbitration, mediation or adjudication. 11. Personal Injury or Property Damage arising out of, based upon or attributable to Personal Injury or Property Damage. NOTICES Notices to be delivered to the Insurers and the Insured in writing for the purposes of this agreement are as follows: Insured The address which appears on the latest schedule of insurance hereto, which address shall include an address if so advised by the Insured. Insurers 7 th Floor, Bedford Centre Smith Street, Bedford Gardens. 6
Professional Indemnity Insurance
Reg.No.1918/001680/06 SANTAM BPK/LTD Professional Indemnity Insurance Group & Personal Trainers Scheme Administered by LSG Insurance Services This is to certify that in accordance with the authorization
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 informationthe predecessors in business of the said firm in respect of whom insurance coverage is expressly provided in the Schedule
PROFESSIONAL INDEMNITY ERRORS & OMISSIONS INSURANCE FOR CHARTERED ACCOUNTANTS/ FINANCIAL ACCOUNTANTS/MANAGEMENT CONSULTANTS/LAWYERS/ ADVOCATES/ SOLICITORS/ COUNSELS 1. OPERATIVE CLAUSE: WHEREAS the insured
More informationHow To Get A Pension In The Uk
Table of Contents Introduction... 1 Page Definitions... 1 Act of Terrorism... 1 Claim... 1 Documents... 1 Excess... 1 Inquiring Body... 1 Inquiry Costs... 1 Insured... 2 Insured Costs... 2 Insurer... 2
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 informationMEDICAL ESTABLISHMENT - PROFESSIONAL NEGLIGENCE ERRORS & OMISSIONS INSURANCE POLICY 1. OPERATIVE CLAUSE:
MEDICAL ESTABLISHMENT - PROFESSIONAL NEGLIGENCE ERRORS & OMISSIONS INSURANCE POLICY 1. OPERATIVE CLAUSE: WHEREAS the insured named in the Schedule hereto and carrying on the business/profession described
More informationMISCELLANEOUS PROFESSIONAL INDEMNITY INSURANCE (Costs Inclusive). 1.2. Defence Costs Underwriters agree to pay all Defence Costs as defined below.
MISCELLANEOUS PROFESSIONAL INDEMNITY INSURANCE (Costs Inclusive). 1. INSURING AGREEMENTS 1.1 Insuring Clause Whereas the company, partnership or firm as stated in Item 1 of the Schedule (the Named Insured
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 informationERRORS & OMISSIONS INSURANCE POLICY
ERRORS & OMISSIONS INSURANCE POLICY DOCTORS AND MEDICAL PRACTITIONERS Wordings E & O 1 ERRORS & OMISSIONS INSURANCE POLICY 1. OPERATIVE CLAUSE: DOCTORS AND MEDICAL PRACTITIONERS Whereas the insured named
More informationAIG Taiwan Insurance Financial Institutions Professional Indemnity 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 Financial Institutions Professional Indemnity Policy THIS IS A CLAIMS MADE POLICY
More informationProfessional Indemnity Policy
Freelance Insure Professional Indemnity Policy Specially Provided By Underwritten By Certain Underwriters at Lloyds of London Professional Indemnity Insurance Policy Wording Whereas the Assured stated
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 informationBusiness Insurance Professional indemnity section for recruitment professionals
Business Insurance Professional indemnity section for recruitment professionals Contents of this section Important information about this cover 1 Meaning of defined terms 2 What is covered 4 What is not
More informationProfessional Indemnity & Infidelity Insurance For Stock Brokers, Investment Consultants, Underwriters, Portfolio or Fund Managers
Professional Indemnity & Infidelity Insurance For Stock Brokers, Investment Consultants, Underwriters, Portfolio or Fund Managers Whereas the Insured as herein defined has submitted a written proposal,
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 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 informationDIRECTORS AND OFFICERS LIABILITY INSURANCE FOR RESIDENTS ASSOCIATIONS AND CLUBS
PLEASE READ THIS POLICY (AND THE SCHEDULE WHICH FORMS AN INTEGRAL PART OF THE POLICY) TO ENSURE THAT IT MEETS YOUR REQUIREMENTS DIRECTORS AND OFFICERS LIABILITY INSURANCE FOR RESIDENTS ASSOCIATIONS AND
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 informationCivil Liability Professional Indemnity Policy Wording - 06.12
Civil Liability Professional Indemnity Policy Wording - 06.12 Introduction This Policy is written on a claims made and notified basis, which means that, subject to Clause 3.2 Continuous Cover, it will
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 informationProfessional Indemnity Insurance for Members of the Financial Intermediaries Association
Professional Indemnity Insurance for Members of the Financial Intermediaries Association of Southern Africa This is to certify that in accordance with the authorisation granted to MANWOOD UNDERWRITERS
More informationEmployers Liability. Policy. Introduction. Section 1: Definitions. Form NZEL XXXXXXXXXXXXX
LIABILITY Employers Liability Policy Form NZEL XXXXXXXXXXXXX 0603 Lumley General Insurance (N.Z.) Limited, Head Office, Lumley Centre, 88 Shortland Street, PO Box 2426, Auckland 1140, New Zealand Tel 09
More informationHow To Pay Out Of Pocket
PROFESSIONAL INDEMNITY INSURANCE POLICY ARCHAEOLOGISTS (This is a claims made Policy & only covers claims notified during the Period of Insurance) IN CONSIDERATION of the Insured named in the Schedule
More informationCANOPIUS UNDERWRITING LTD PROFESSIONAL INDEMNITY INSURANCE POLICY FOR DESIGN AND CONSTRUCTION
CANOPIUS UNDERWRITING LTD PROFESSIONAL INDEMNITY INSURANCE POLICY FOR DESIGN AND CONSTRUCTION Various words and phrases have a standard meaning within this policy of insurance and such meanings are defined
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 informationCivil Liability Professional Indemnity Insurance Policy
Civil Liability Professional Indemnity Insurance Policy The insurer is AAI Limited ABN 48 005 297 807 AFSL 230859 trading as GIO. This product is distributed by Resilium Pty Ltd ABN 40 098 080 810 AFSL
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 informationINSURANCE INDUSTRY PROFESSIONAL LIABILITY COVERAGE UNIT THIS IS A CLAIMS MADE POLICY. PLEASE READ CAREFULLY.
INSURANCE INDUSTRY PROFESSIONAL LIABILITY COVERAGE UNIT THIS IS A CLAIMS MADE POLICY. PLEASE READ CAREFULLY. I. INSURING AGREEMENTS A. INSURANCE OPERATIONS COVERAGE. We will pay on behalf of the insured
More informationPROFESSIONAL INDEMNITY INSURANCE POLICY
PROFESSIONAL INDEMNITY INSURANCE POLICY (This is a claims made Policy & only covers claims notified during the Period of Insurance) IN CONSIDERATION of the Insured named in the Schedule hereto having paid
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 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 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 informationPROFESSIONAL INDEMNITY INSURANCE
PROFESSIONAL INDEMNITY INSURANCE DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows: Circumstance Shall mean any circumstance or state of
More informationPROFESSIONAL INDEMNITY INSURANCE SCHEME 1JULY 2011 TO 30 JUNE 2012
PROFESSIONAL INDEMNITY INSURANCE SCHEME 1JULY 2011 TO 30 JUNE 2012 PROFESSIONAL INDEMNITY INSURANCE In consideration of the Attorneys Fidelity Fund, for and on behalf of every insured (as defined in this
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 informationCivil Liability Professional Indemnity Insurance Policy
Civil Liability Professional Indemnity Insurance Policy The insurer is AAI Limited ABN 48 005 297 807 AFSL 230859 trading as GIO. This product is distributed by Resilium Pty Ltd ABN 40 098 080 810 AFSL
More informationPolicy Wording. Professional Indemnity Insurance. Policy Number PRO2015V1 Issued to General Government Program clients of VMIA
Policy Wording Professional Indemnity Insurance Policy Number PRO2015V1 Issued to General Government Program clients of VMIA For the period 30 June 2015 to 30 June 2016 Contents Professional Indemnity
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 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 informationERRORS AND OMISSIONS INSURANCE POLICY
ERRORS AND OMISSIONS INSURANCE POLICY INSURANCE BROKERS Ins. Brokers Wordings E & O (Version 0) 1 ERRORS AND OMISSIONS INSURANCE POLICY INSURANCE BROKERS 1. OPERATIVE CLAUSE WHEREAS the Insured named in
More informationEMPLOYMENT PRACTICES LIABILITY INSURANCE
The Schedule Policy Number: The Assured: Address: Underwriters: Markel Syndicate 3000 at Lloyd s, 49 Leadenhall Street, London EC3A 2EA, United Kingdom Period of Insurance: From: To: Both dates inclusive
More informationFor the purposes of this Policy the words or terms that appear in bold will be interpreted as follows:
ARCHITECTS AND ENGINEERS PROFESSIONAL INDEMNITY INSURANCE DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows: Circumstance Shall mean any
More informationProfessional Liability
Professional Liability UK Accountants Errors & Omissions Minimum Terms Policy Wording 1. Policy Number: UK ACCOUNTANTS ERRORS & OMISSIONS INSURANCE POLICY SCHEDULE 2. Named Insured: 3. Address: 4. Aggregate
More informationACCOUNTANTS PROFESSIONAL INDEMNITY INSURANCE
ACCOUNTANTS PROFESSIONAL INDEMNITY INSURANCE PI ICA AGG 0607 DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows: Alternate Means any individual
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 informationMISCELLANEOUS PROFESSIONAL LIABILITY INSURANCE COVERAGE FORM
MISCELLANEOUS PROFESSIONAL LIABILITY INSURANCE COVERAGE FORM THIS IS A CLAIMS MADE POLICY WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY. In consideration
More informationCivil Liability Professional Indemnity Insurance. Table of Contents. Australian Mediation Association Members Master Policy. Page
Table of Contents Notices... 1 Introduction... 5 Definitions... 5 Act of Terrorism... 5 Adverse Publicity Event... 5 Claim... 5 Documents... 5 Excess... 5 Fidelity Claim... 5 Fidelity Excess... 5 Inquiring
More informationLLOYD'S OF LONDON ARCHITECTS/ENGINEERS PROFESSIONAL LIABILITY CLAIMS MADE AND REPORTED INSURANCE POLICY NOTICE
LLOYD'S OF LONDON ARCHITECTS/ENGINEERS PROFESSIONAL LIABILITY CLAIMS MADE AND REPORTED INSURANCE POLICY NOTICE This is a claims made and reported Policy. Unless stated otherwise coverage afforded under
More informationArchitects and Engineers Professional Liability Insurance Summary
Architects and Engineers Professional Liability Insurance Summary Underwritten by a member of the QBE Insurance Group (QBE) This insurance is an annual contract unless stated otherwise in the quotation
More informationmalpractice liability insurance policy
malpractice liability insurance policy Introduction Lumley General Insurance (N.Z.) Limited, Head Office, Lumley Centre, 88 Shortland Street, PO Box 2426, Auckland, New Zealand, Tel 09 308 1100, Fax 09
More informationConstruction Consultants Professional Liability Insurance Summary
Construction Consultants Professional Liability Insurance Underwritten by a member of the QBE Insurance Group (QBE) This insurance is an annual contract unless stated otherwise in the quotation or renewal
More informationManagement liability - Employment practices liability Policy wording
Special definitions for this section Benefits Claim Defence costs The General terms and conditions and the following terms and conditions all apply to this section. Any compensation awarded to an employee
More informationSAMPLE. Professional Indemnity Insurance (PII) Policy 2015/16. lawcover.com.au Page 1
Professional Indemnity Insurance (PII) Policy 2015/16 Lawcover Insurance Pty Limited ABN 15 095 082 509 Level 13, 383 Kent Street Sydney NSW 2000 DX 13013 Sydney Market Street Telephone: 1800 650 748 (02)
More informationPUBLIC LIABILITY POLICY
PUBLIC LIABILITY POLICY 1. OPERATIVE CLAUSE: WHEREAS the Insured named in the Schedule hereto and carrying on the business described in the said Schedule has applied to IFFCO-TOKIO General Insurance co.
More informationDUAL NEW ZEALAND EMPLOYERS LIABILITY WORDING (03.11)
Table of Contents SECTION 1 PREAMBLE... 3 SECTION 2: INSURING CLAUSE... 3 SECTION 3: INTERPRETATION... 3 SECTION 4: DEFINITIONS... 4 SECTION 5: EXCLUSIONS... 5 SECTION 6: CLAIM CONDITIONS... 7 SECTION
More informationfreelanceinsure.co.uk Professional Indemnity Policy
freelanceinsure.co.uk Professional Indemnity Policy Specially Provided By Underwritten By This policy (and the schedule which forms an integral part of the policy) is a legal contract. Please examine it
More informationPROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE (This Insurance Is On A Claims Made Basis)
PROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE (This Insurance Is On A Claims Made Basis) Underwriters do hereby agree that in consideration of the payment of the premium and in reliance upon the
More informationFor the purposes of this Policy the words or terms that appear in bold will be interpreted as follows:
DESIGN AND CONSTRUCT PROFESSIONAL INDEMNITY INSURANCE DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows: Circumstance Shall mean any circumstance
More informationMASTER POLICY PRIME ASSET INCOME PROTECTION PLAN
MASTER POLICY PRIME ASSET INCOME PROTECTION PLAN W H E R E A S The Insured named in the Schedule has applied to the Insurers for the insurance as hereinafter set out, the Insurers hereby agree, subject
More informationPROFESSIONAL INDEMNITY INSURANCE
PROFESSIONAL INDEMNITY INSURANCE PI ICA AOC 0910 DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows: Alternate means any individual practitioner,
More informationNotice of claims or circumstances should be given to the Company via:
LLOYD'S UNDERWRITING AGENTS PROFESSIONAL INDEMNITY INSURANCE POLICY NUMBER... THIS IS A CLAIMS MADE POLICY. Except as otherwise provided herein, this policy covers only claims first made against the Insured
More informationDesign and Construct Professional Liability Insurance Summary
Design and Construct Professional Liability Insurance Summary Design and Construct Professional Underwritten by a member of the QBE Insurance Group (QBE) This insurance is an annual contract unless stated
More informationProfessional Indemnity Insurance ( 蘇 黎 世 產 物 專 業 責 任 保 險 )
免 費 保 戶 服 務 電 話 :0800-880550 資 訊 公 開 查 詢 : http://www.zurich.com.tw 免 費 申 訴 電 話 :0800-501888 消 費 者 可 至 本 公 司 總 分 支 機 構 網 址 查 閱 或 索 取 書 面 資 訊 公 開 說 明 文 件 本 商 品 經 本 公 司 合 格 簽 署 人 員 檢 視 其 內 容 業 已 符 合 保 險
More informationPROFESSIONAL INDEMNITY INSURANCE POLICY
PROFESSIONAL INDEMNITY INSURANCE POLICY In return for the payment of the premium specified in the Schedule attached to this Certificate and based on the information contained in the proposal form and any
More informationZurich Excess of Loss Professional Indemnity Insurance. Policy Wording
Zurich Excess of Loss Professional Indemnity Insurance Policy Wording Important Statutory Notice Section 40 Insurance Contracts Act 1984 (Cth) This notice is provided in connection with but does not form
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 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 informationBusiness Insurance Professional indemnity section for RIBA &/or RIAS architects
Business Insurance Professional indemnity section for RIBA &/or RIAS architects Contents of this section Important information about this cover 1 Meaning of defined terms 2 What is covered 5 What is not
More informationEmployers Liability Policy ( 蘇 黎 世 產 物 僱 主 意 外 責 任 保 險 )
免 費 保 戶 服 務 電 話 :0800-880550 資 訊 公 開 查 詢 : http://www.zurich.com.tw 免 費 申 訴 電 話 :0800-501888 消 費 者 可 至 本 公 司 總 分 支 機 構 網 址 查 閱 或 索 取 書 面 資 訊 公 開 說 明 文 件 本 商 品 經 本 公 司 合 格 簽 署 人 員 檢 視 其 內 容 業 已 符 合 保 險
More informationPROFESSIONAL INDEMNITY INSURANCE FOR DESIGN AND CONSTRUCT POLICY WORDING
PROFESSIONAL INDEMNITY INSURANCE FOR POLICY WORDING OUR PROMISE TO YOU In return for the premium you have paid, we agree to insure you in accordance with the terms and conditions of this policy. Signed
More informationFor the purposes of this Policy the words or terms that appear in bold will be interpreted as follows:
ARCHITECTS AND ENGINEERS PROFESSIONAL INDEMNITY INSURANCE WORDING: PI AR EN CIVIL AGG 0607 DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows:
More informationProfessional Indemnity policy wording
This insurance is underwritten by AXA Insurance UK plc who are authorised and registered by the Financial Conduct Authority. Custodian is a trading name of Custodian Management Ltd. Custodian Management
More informationDUAL Asia Singapore PI Consultants Wording 11_12
DUAL Asia Singapore PI Consultants Wording 11_12 1 TABLE OF CONTENTS Section 1: INSURING CLAUSES... 3 Section 2: AUTOMATIC EXTENSIONS... 3 Section 3: OPTIONAL EXTENSIONS:... 6 Section 4: DEFINITIONS...
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 informationCORNERSTONE A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM
CORNERSTONE A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM THIS IS A CLAIMS MADE POLICY WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY. In consideration
More informationPUBLIC ENTITY POLICY PUBLIC OFFICIALS LIABILITY COVERAGE FORM CLAIMS MADE COVERAGE
A Stock Insurance Company, herein called the Company PUBLIC ENTITY POLICY PUBLIC OFFICIALS LIABILITY COVERAGE FORM CLAIMS MADE COVERAGE Various provisions in this policy restrict coverage. Please read
More informationEXTENDED WARRANTY POLICY WORDING
EXTENDED WARRANTY POLICY WORDING Underwritten by Guardrisk Insurance Company Limited, an Authorized Financial Services Provider, FSP license number 75. Tracker Agility (Pty) Limited is an Authorized Financial
More informationEmployers' Liability Insurance Policy (form Bit 2008)
IT IS HEREBY NOTED AND AGREED THAT THE FOLLOWING VERSION IS A FREE TRANSLATION FROM HEBREW. IN CASE OF ANY DISCREPANCIES, THE HEBREW WORDING WILL PREVAIL. Employers' Liability Insurance Policy (form Bit
More informationPROFESSIONAL INDEMNITY INSURANCE
PROFESSIONAL INDEMNITY INSURANCE PI ESTATE AGENTS 0910 DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows: Circumstance shall mean any circumstance
More informationLicensed building practitioners (LBP)
LIABILITY Licensed building practitioners (LBP) Professional indemnity employee protection liability Lumley, a business division of IAG New Zealand Limited, Lumley Centre, 88 Shortland Street, PO Box 2426,
More informationINDIAN HARBOR INSURANCE COMPANY (herein called the Company)
INDIAN HARBOR INSURANCE COMPANY (herein called the Company) This is a claims made Policy with defense expenses included. Please read and review the Policy carefully. INSURANCE AGENTS AND BROKERS ERRORS
More informationProfessional Indemnity Insurance
UMBRELLA/BLOCK POLICY Professional Indemnity Insurance Innovative Comprehensive Experienced UMBRELLA/BLOCK POLICY Professional Indemnity Insurance Caunce O Hara and Company Limited was established in 1995
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 informationSurveyors Professional Liability Insurance Summary
Surveyors Professional Liability Surveyors Professional Liability Underwritten by a member of the QBE Insurance Group (QBE) This insurance is an annual contract unless stated otherwise in the quotation
More informationa) Employers Liability Insurance Policy Wording
a) Employers Liability Insurance Policy Wording SECTION 1: PREAMBLE In consideration of the payment of the premium to US, WE shall provide the cover described in the POLICY, subject to its terms and conditions,
More informationMOTOR TRADE INSURANCE POLICY
MOTOR TRADE INSURANCE POLICY WHEREAS the Insured by a proposal and declaration which shall be the basis of this contract and is deemed to be incorporated herein has applied to the Company for the insurance
More informationCyber and data Policy wording
Please read the schedule to see whether Breach costs, Cyber business interruption, Hacker damage, Cyber extortion, Privacy protection or Media liability are covered by this section. The General terms and
More informationProfessional Indemnity Policy. Accountants
Professional Indemnity Policy Accountants 1 Index Welcome... 3 Your Insurance Policy... 3 Definitions... 4 Policy Conditions... 6 Claims Conditions... 9 General Exclusions... 10 Professional Indemnity
More informationHDFC CHUBB GENERAL INSURANCE COMPANY LIMITED PRODUCTS LIABILITY INSURANCE POLICY
1. OPERATIVE CLAUSE HDFC CHUBB GENERAL INSURANCE COMPANY LIMITED PRODUCTS LIABILITY INSURANCE POLICY WHEREAS the Insured named in the Schedule hereto and carrying on the Business described in the said
More informationCLASSIC A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM
CLASSIC A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM THIS IS A CLAIMS MADE POLICY WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY. In consideration
More informationSCHEDULE. Anywhere domiciled in Australia or New Zealand And elsewhere as declared in the Online application
SCHEDULE POLICY NUMBER: HUP16 9328501 TITLE OF ASSURED: ADDRESS OF ASSURED: BUSINESS OF ASSURED: WORDING: EnviroSure client name recorded here; Professional Indemnity for professionals performing assessment,
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 informationPROFESSIONAL INDEMNITY INSURANCE POLICY for MEDICAL MALPRACTICE
LTD. PROFESSIONAL INDEMNITY INSURANCE POLICY for MEDICAL MALPRACTICE Contents A. THE COVER... 1 2 SECTION 1: INSURING CLAUSES... 1 SECTION 2: AUTOMATIC EXTENSIONS... 1 2 B. EXCLUSIONS...2 4 C. CLAIMS AND
More informationPROFESSIONAL INDEMNITY INSURANCE POLICY
PROFESSIONAL INDEMNITY INSURANCE POLICY McParland Finn Ltd Barlow House Minshull Street Manchester M1 3DZ ENGLAND Telephone: 00 44 161 236 2532 Fax: 00 44 161 236 2583 E-mail: freelancers@ m - f - l. c
More informationPolicy Wording. Professional Indemnity Insurance. Policy Number PRO2015V1 Issued to Health Sector clients of VMIA
Policy Wording Professional Indemnity Insurance Policy Number PRO2015V1 Issued to Health Sector clients of VMIA For the period 30 June 2015 to 30 June 2016 Contents Professional Indemnity Insurance Policy...
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 informationPROFESSIONAL INDEMNITY INSURANCE
PROFESSIONAL INDEMNITY INSURANCE DEFINITIONS For the purposes of this Policy the words or terms that appear in bold will be interpreted as follows: Circumstance shall mean any circumstance or state of
More informationVisa / MasterCard Business/Corporate/Purchasing Liability Waiver Insurance Wording
Visa / MasterCard Business/Corporate/Purchasing Liability Waiver Insurance Wording Definitions 1. Cardholder shall mean any person authorised by the Company to use Visa / MasterCard Business/Corporate/Purchasing
More informationCombined Products Liability and Professional Indemnity Policy for the Software and Hardware Indsutry
Combined Products Liability and Professional Indemnity Policy for the Software and Hardware Indsutry 2010 Amended מש"ל - מרכז שרות לקוחות איילון 1-700-72-72-27 COMBINED PRODUCTS LIABILITY AND PROFESSIONAL
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 information