1 Product Recall Insurance for Component Parts This Product Recall Insurance Policy for Component Parts is made between the Insured(s) and First Mercury Insurance Company (hereafter Insurer ). This Policy is effective during the policy period set forth on the Declarations page. In consideration of the premium paid and in reliance upon the statements made to the Insurer in the application form, its attachments, all underwriting information submitted and the material incorporated therein forming a part thereof, the Insurer agrees as follows. Words and phrases that appear here in bold and italic have special meaning. Refer to the Definitions section of this policy. 1. INSURANCE COVER The Insurer will reimburse the Insured(s) for its: a. Loss in excess of the applicable Self Insured Retention and Co-Insurance, but not exceeding the Limits of Insurance stated in the Declaration: and b. Consultant Costs caused by or resulting from an Insured Event first discovered during the Policy Period and reported to the Insurer in accordance with General Conditions 4.20 (Notice of Loss). 2. DEFINITIONS 2.1 Bodily Injury means death, or clear, identifiable internal or external visible physical symptoms of injury, sickness or disease sustained by a person. 2.2 Claim means an oral or written demand against an Insured for any Loss, other than Defense Costs, and includes the threat or initiation of any Suit or arbitration proceeding or a request for a tolling agreement. 2.3 Consultant Costs means the fees and expenses incurred by the Insured(s) for the advisory services of the Crisis Consultants referred to in What to do in a Crisis? attached to this policy, provided to assist the Insured(s) in responding to an Insured Event. Consultant Costs shall not include any of the costs described in DEFINITIONS 2.14 set forth below. 2.4 Co-Insurance means the Insured s percentage share of Loss, in excess of the applicable Self Insured Retention, as set forth in the Co-Insurance section of the Declarations. 2.5 Defense Costs means legal costs and other expenses incurred by or on behalf of the Insured in connection with the defense of any actual or anticipated Claim, including attorneys fees and disbursement, law costs, premiums on attachment or appeal bonds, pre-judgment and postjudgment interest, expenses for experts and for investigation, adjustment, appraisal and settlement, excluding salaries, wages and benefits of the Insured(s) employees and the Insured( s) administrative expenses. 2.6 Impaired Property means tangible property (other than Insured Product(s)) that cannot be used, because it incorporates an Insured Product(s) that is known to be defective if such property can be restored to use by the repair, replacement, adjustment or removal of the Insured Product(s). RPSCP-Wording Page 1 of 9
2 2.7 Insured(s) means the sole proprietorship, partnership, limited liability company or corporation stated in the Declarations. 2.8 Insured Event means the recall, removal, recovery of possession or control, withdrawal or disposal of, or purposeful destruction of an Insured Product(s) from or by a distributor, purchaser, retailer, wholesaler or user of an Insured Product(s) because: a. The use of an Insured Product(s) i. has resulted in Bodily Injury or Property Damage, or ii. poses actual and imminent danger of resulting in Bodily Injury or Property Damage; or. b. The Insured Product(s) has resulted in Impaired Property 2.9 Insured Products(s), unless otherwise specified in the Declarations or in a document referred to in the Declarations, means: i. Any goods or products manufactured, sold, marketed, handled, or distributed by the Insured(s). ii. Containers (other than vehicles), materials, parts or equipment furnished in connection with such goods or products. iii. Any property of which such goods or products form a part; after physical possession of such goods or products have been released by the Insured(s) to others. However, such property shall only be considered if the Insured would be legally obligated to reimburse the customer for Loss arising out of an Insured Event. Insured(s) Product(s) does not include: i. vending machines or other property rented to or located for the use of others; ii. newly introduced or newly developed products except as described in the paragraph below: Insured Products(s) includes any product(s) which are newly introduced or newly developed by the Insured(s) after the inception of this policy, provided that written notice is given to the Insurer no less than ninety (90) days prior to the introduction for sale and the Insurer has given written acceptance of such new product(s) within thirty (30) days of written receipt of the request to cover the new product. Notwithstanding, such acceptance by the Insurer may be conditioned upon changes in one or more of the terms, conditions or premium of the policy. Variations of existing products and/or new blends are not considered a newly developed product and are automatically covered Loss means the following expenses or costs incurred by the Insured(s) directly and solely in connection with a covered Insured Event: i. Recall Costs ii. Consultant Costs iii. Defense Costs Loss is limited to expenses or costs incurred within twelve (12) months of the Insured(s) Event first becoming known to the Insured(s) Policy Period means the period set forth in the Declarations or any shorter period arising as a result of cancellation of the Policy Pollutant means any solid, liquid, gaseous or thermal irritant or contaminant, including smoke, vapors, soot, fumes acids, alkalis, toxic chemicals and waste material (incl. medical waste). RPSCP-Wording Page 2 of 9
3 2.13 Property Damage means physical damage to or destruction of tangible property other than to Insured Product(s) Recall Costs means the reasonable costs incurred by the Insured for the recall, withdrawal, removal, recovery of possession or control, or disposal of such affected Insured Product(s) pursuant to an Insured Event. These costs are limited to the following: i. The cost of newspaper, magazine or any printed advertising (whether electronic or otherwise), radio and television announcements or commercials, as well as the cost of correspondence regarding or concerning the recall. ii. The cost of shipping the Insured Product from any purchaser, distributor or user to the place or places the Insured designates. iii. The cost to rent additional warehouse or storage space. iv. The cost of hiring additional person(s), other than regular employees of the Insured, to assist with the recall of the Insured Product(s). v. Overtime paid to regular employees, other than salaried employees, of the Insured for work devoted exclusively to the recall of the Insured Product(s) vi. Expenses (including transportation and accommodation cost(s) incurred by employees directly attributable to the recall of the Insured Product(s). vii. The cost of disposal of the Insured Product(s), to the extent that specific methods of disposal other than those usually employed for trash discarding or disposal, are required to avoid Bodily Injury or Property Damage as a result of such disposal. viii. Expenses incurred to properly dispose of the unused packaging and point of purchasing marketing material of recalled Insured Product(s) if such packaging or material cannot be reused. ix. Retailers and other third party Recall Costs incurred during the recall of the Insured Product(s) Retroactive Date means the date set forth in the Retroactive Date section of the Declarations Self Insured Retention means the amount(s) set forth in the Self Insured Retention section of the Declarations Sub-limit means the maximum amount the Insured(s) can collect under a specified section of the Policy Suit means a civil proceeding seeking Loss damages, other than Defense Costs, arising out of an Insured Event to which this insurance applies. Suit includes: i. An arbitration proceeding in which such Loss damages are claimed and to which the Insured(s) must submit or does submit with the Insurer(s) consent; ii. Any other alternative dispute resolution proceeding in which such Loss damages are claimed and to which the Insured(s) submits with the Insurer(s) consent Terrorism means an act, including the use of force or violence, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organization(s), committed for political, religious or ideological purposes including the intention to influence any government and/or to put the public in fear for such purposes. 3. EXCLUSIONS The Policy does not apply to any loss (including Loss as defined), cost or expense arising out of, based upon, attributable to or involving, directly or indirectly: 3.1 Any product of a competitor which is similar to an Insured Product(s). 3.2 The natural gradual deterioration, decomposition or transformation of the chemical structure of the Insured Product(s), including but not limited to any combination or interaction among RPSCP-Wording Page 3 of 9
4 components or packaging, caused in whole or in part by the Insured Product(s) having passed its specified or reasonably expected expiration date for use. 3.3 Any dishonest, illegal, willful, wanton, fraudulent, criminal or malicious act, error or omission of any of the Insured(s) directors, officers, members, partners or trustees. 3.4 Any failure of an Insured Product(s) to meet required or promised specifications, unless the failure to meet such specifications is due to an unintended mistake, error or flaw in the manufacturing process that is not discovered until after delivery of the Insured Product(s). 3.5 The Insured(s) is obligated to pay by reason of an assumption of liability in a contract or agreement that the Insured(s) would not have in the absence of the contract or agreement. 3.6 Any violation by any of the Insured(s) directors, officers, members of management, partners or trustees of any governmental regulation in connection with the manufacture, sale or distribution of any Insured Product(s) or from the use of materials or substances in the manufacturing process which have been banned or declared unsafe by any governmental entity. 3.7 Any fines or penalties imposed by third parties, courts or governmental organizations or agencies. 3.8 Any failure by any party other than the Insured to adhere to procedures prescribed by the Insured regarding the storage and / or use of any Insured Product(s). 3.9 Any Insured Event that occurs after any of the Insured(s) directors, officers, members of management, partners or trustees has knowledge of a defect or deviation in the production, preparation or manufacture of the Insured Product(s), or circumstance(s) which have or are likely to result in such deviation or defect, and fails to take corrective action Any Insured Event where Loss arises out of a change in governmental regulations with respect to the safety of any Insured Product(s) or intended component Any recall, removal, recovery of possession or control, withdrawal or disposal of, or purposeful destruction of an Insured Product(s) from or by a distributor, purchaser, retailer, wholesaler or user of an Insured Product(s) ordered by a regularly constituted federal, state or local regulatory or administrative body which would not otherwise qualify as an Insured Event Any Insured Product(s) manufactured prior to the Retroactive Date shown in the Declarations The unqualified, contractually obligated, acceptance of any Insured Products(s) by or on behalf of the Insured(s) customers 3.14 Any testing for, monitoring of, cleaning up, removing, containing, treating, detoxifying, or neutralizing or in any way responding to or assessing the effects of Pollutants The actual, alleged or threatened presence of asbestos in any form whatsoever, or any material or product containing, or alleged contain, asbestos The presence, ingestion, inhalation or absorption of or exposure to lead in any form or products containing lead or leaded materials Any decrease in product sales realized subsequent to the announcement of the Insured Event Any financial, economic or consequential loss incurred by any third party other than Loss under Section RPSCP-Wording Page 4 of 9
5 3.19 Any claim, demand or suit for Bodily Injury or Property Damage liability Any costs associated with the expense to design or redesign, engineer or re-engineer any Insured Product(s) Any Suit made or brought by or on behalf of any Insured(s) against any other Insured(s) Any actual or alleged act of Terrorism Any nuclear reaction or nuclear radiation or radioactive contamination (except a radioactive tampering specifically aimed at the Insured Product(s)), all whether controlled or uncontrolled or resulting from any act or condition incident to any of the foregoing War, invasion, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, or military or usurped power. 4. GENERAL CONDITIONS 4.1 ACTION AGAINST THE INSURER: No Suit, action, or proceedings for recovery of any Loss under this Policy will be sustainable in any court of law, equity, or other tribunal unless all the requirements of this Policy are complied with and is commenced within twenty four (24) months after a final statement of Loss has been submitted to the Insurer by the Insured(s). 4.2 ADDITIONAL EXPOSURES: The Insured(s) will give the Insurer written notice within ninety (90) days of any additional exposure arising from: i. consolidation or merger with ii. acquisition of the majority stock ownership iii. acquisition of the assets iv. creation of any other entity whose gross revenues are in excess of 10% of the gross revenue of the Insured(s) as of the date of consolidation, merger or acquisition. The Insurer may elect to accept or reject such additional exposure. If the additional exposure is rejected, it will remain covered only until the Insured(s) is notified in writing of the rejection. If the Insurer accepts the additional exposure, the Insured(s) will pay the Insurer additional premium as may be required, computed from the date of consolidation, merger or acquisition to the end of the current period unless otherwise specifically requested. No Loss arising out of the additional exposure will be covered unless the Insured(s), at the time it gave notice thereof to the Insurer, did not know nor could reasonably have been expected to know of the Insured Event giving rise to the Loss. 4.3 APPRAISAL: If the Insured(s) and the Insurer fail to agree on the amount of Loss, then, on the written demand of either, made within sixty (60) days after rejection of the final statement of Loss by the Insurer, the Insurer shall select a competent and disinterested appraiser and notify the other of the appraiser selected within twenty (20) days of such demand. The appraisers shall first select a competent and disinterested umpire and failing for fifteen (15) days to agree on such umpire, then upon the request of the Insured(s) or the Insurer such umpire will be selected by the current President of the Chartered Institute of Loss Adjusters. The Insured(s) and the Insurer will submit their cases to the appraisers and the umpire within thirty (30) days of the appointment of the umpire. An award in writing, so itemized, of any two will determine the amount of Loss. The Insured(s) and the Insurer will each pay its chosen appraiser and will bear equally the other expenses of the appraisal and umpire. The Insurer will not be held to have waived any of its rights by any act relating to an appraisal. RPSCP-Wording Page 5 of 9
6 4.4 ASSISTANCE AND CO-OPERATION: The Insured(s) will cooperate with the Insurer in all matters relating to this Policy. This may include, but is not limited to, attending hearings and trials, securing and giving evidence, obtaining the attendance of witnesses, assisting in effecting settlements, and in conducting litigation, arbitration, or other proceedings. 4.5 ASSIGNMENT: This Policy and any rights hereunder cannot be assigned without written consent of the Insurer. 4.6 AUTHORIZATION CLAUSE: It is agreed that the first Insured listed on the Schedule acts on behalf of all Insured(s) with respect to the exercise of all their rights and the discharge of all their duties in respect of this Policy. All other Insured(s) agree that the first Insured listed on the Declarations will act on their behalf. 4.7 CANCELLATION: This Policy may be cancelled by the Insured(s) by the surrender of this Policy to the Insurer or by giving ten (10) days advance written notice to the Insurer, stating when thereafter such cancellation will be effective. This Policy may be cancelled by the Insurer by delivering to the Insured or by mailing to the Insured by registered or certified mail, at the Insured(s) address stated in the Declarations, written notice stating when, not less than sixty (60) days thereafter, the cancellation will be effective, except in the case of cancellation for non-payment of premium by the Insured, in which case the Insurer will provide at least ten (10) days written notice. The mailing of such notice will be sufficient proof of notice and this Policy will terminate at the date and hour specified in such notice. If this Policy is cancelled by the Insured, the Insurer will retain or collect one hundred and ten percent (110%) of the pro rata earned premium, provided no Loss has been previously notified to the Insurer. However, if any Loss has been notified to the Insurer during the relevant Policy Period and prior to the date of cancellation, the Insurer will retain or collect one hundred percent (100%) of the total policy premium. If this Policy is cancelled by the Insurer, the Insurer will retain the pro-rata portion of the premium hereon. Payment or tender of any unearned premium by the Insurer will not be a condition precedent to the effectiveness of cancellation, but such payment will be made a soon as practicable. 4.8 CHANGES: This Policy contains all the agreements between the Insured and the Insurer concerning this insurance. Notice to any of the Insurer( s) representatives or knowledge possessed by any the Insurer( s) representative(s) or by any other person will not effect a waiver or a change in any part of the Policy or prevent the Insurer from asserting any right under the terms of this Policy, nor can the terms of this Policy be waived or changed unless agreed to in writing by the Insurer or the Insurer( s) authorized representative. 4.9 CHOICE OF LAW AND FORUM: The construction, validity and performance and any dispute under this Policy will be governed by the laws of the State of New York. The Insurer and the Insured(s) hereby expressly agree that all Claim(s), Loss(es) and disputes will be brought and litigated in the State of New York CO-INSURANCE: The Insured(s) will bear the Co-Insurance amount stated in the Declarations for each Loss in excess of and in addition to the Self Insured Retention applicable to each Insured Event. The Co-Insurance amount will be calculated by multiplying the covered Loss in excess of the Self Insured Retention by the Co-Insurance amount. The Insurer will pay covered Loss in excess of the Self Insured Retention subject to the Limit of Liability stated in the Declarations after deduction of the Co-Insurance amount from the Loss CONCEALMENT, MISREPRESENTATION, NON-DISCLOSURE, OR FRAUD: Without prejudice to the Insurer( s) other rights, however arising, this Policy is null and void in case of concealment, misrepresentation, non-disclosure, or fraud by any Insured(s) of a material fact concerning: i. this insurance or the procurement thereof; or ii. the Insured Product(s), or the Insured( s) interest in the Insured Product(s); or iii. any Insured Event, or any Loss or Claim under this Policy. RPSCP-Wording Page 6 of 9
7 4.12 CONFIDENTIALITY: The Insured will use all reasonable efforts not to disclose the existence of this Policy, except insofar as it is required in order to comply with the terms of the policy or by law COMPUTATION OF LOSS: i. In the event of any Loss, detailed claims for payment by the Insurer(s) shall be made by the Insured(s) as soon as practicable and shall be accompanied by a computation of Loss, which sets out in detail how the Loss has been calculated and what assumptions have been made. The Insured(s) shall produce any documentary evidence, books of account, bill, invoices and other vouchers and copies of the same which Insurer(s) or their representatives, including forensic accountants, may require and the Insured(s) shall afford them every assistance in their investigations including reasonable access to the Insured(s) premises, personnel and necessary documents for the purpose of the computation of Loss. ii. The Insurer shall determine the amount of any Loss, taking into account any savings or recoveries or offsetting or make-up of Loss(es) which have been made or which the Insured(s) could iii. reasonably have been expected to make and the ability of the Insured(s) to resume operations. In determining the amount of any Loss, Insurer(s) shall apply standard accounting principles as recognized by the relevant regulatory authorities in the Insured(s) jurisdiction. Where an Insured is present in more than one jurisdiction the relevant principles to be applied will be those of the jurisdiction in which the entity that has suffered the Loss is based. iv. Where Loss(es) are paid by the Insurer in currency other than the currency in which the premium is paid, the rate of exchange for payment of Loss shall be based on the published wholesale exchange rate on the date written notice of the Insured Event is received by the Insurer. v. Whether or not any partial payments have been made, a final statement of Loss with respect to all items of Loss must be submitted to the Insurer in writing no earlier than twelve (12) months and no later than twenty (24) months after an Insured Event becomes known to the Insured(s). Nothing in the clause shall be deemed to override the provisions of the Notice of Loss clause DUE DILIGENCE: The Insured will exercise due diligence to do all things reasonable and practical to avoid any happening or circumstances covered by this Policy and to make all reasonable efforts to mitigate any Loss arising as a result of an Insured Event FRAUDULENT CLAIMS: If any Loss under this Policy is in any respect fraudulent or intentionally concealed or misrepresented a material fact concerning an Insured Event all benefit under this Policy shall become void EXCESS INSURANCE: The Insured may purchase other insurance over the Limit of Liability set forth in this Policy without prejudice to this Policy, provided that the Insurer is notified in writing of the details of such other excess insurance at the time such other insurance is acquired. The existence of such other insurance, if any, will not reduce the Insurer( s) liability under this Policy INSPECTION AND AUDIT: The Insurer may examine and audit the Insured(s) business documents relating to the subject matter of this insurance until three (3) years after this policy has expired or has been cancelled. Any premium due for exposure which exist but were not reported will be determined through audit by the Insurer LIMITS OF INSURANCE: : The Limits of Insurance shown in the Declarations of this Policy are the most the Insurer will pay for Loss regardless of the number of Insured Event(s). All Loss resulting from and arising from the same, continuous, related or repeated conditions or incidents shall be treated as arising out of one Insured Event. In no event will any Loss claimed and paid under one Insured Event be recoverable under another Insured Event. Consultant Costs are not subject to a limit NON-ACCUMULATION OF LIABILITY: Regardless of the number of years this Policy may continue in force, and of the number of premiums which may be payable or paid, or of any other circumstances whatsoever, the aggregate liability of the Insurer under this Policy with respect to any Insured Event(s) will not be cumulative from year to year or period to period. When there is RPSCP-Wording Page 7 of 9
8 more than one Insured, the aggregate Limit of Liability of the Insurer for Loss(es) sustained by any or all of them will not exceed the amount for which the Insurer would be liable if all Loss(es) were sustained by any one of them NOTICE OF LOSS: In the event of discovery of an Insured Event that may be covered under the terms of this Policy, the Insured(s) shall, WITHIN 72 HOURS, CONTACT THE 24-HOUR HOTLINES DESCRIBED IN WHAT TO DO IN A CRISIS ATTCHED TO THE POLICY, AND: i. provide written notice to the Insurer, or any of the Insurer(s) authorized representatives containing particulars sufficient to identify the Insured(s), and information with respect to the time, place and circumstances of the Insured Event and estimated Loss damages. SUCH WRITTEN NOTICE MUST BE PROVIDED AS SOON AS POSSIBLE BUT IN NO EVENT LATER THAN THIRTY (30) DAYS AFTER DISCOVERY OF THE INSURED EVENT;; ii. iii. promptly take all reasonable steps to minimize any expense or damages involved; and cooperate with the Insurer(s) and, at the Insurer(s) request, assist the Insurer in enforcing any right of contribution or indemnity against any person or organization other than a named Insured under this Policy who may be liable to the Insured(s) because of Loss incurred NOTICES: Except as indicated to the contrary herein, all notices, applications, demands or requests provided for in this Policy will be in writing and will be given to or made upon either party at its address shown in the Declarations OTHER INSURANCE: The Insured may purchase other insurance written on the same terms and conditions as this Policy provided the Self Insured Retention and Co-Insurance as described herein remains uninsured. The insurance provided under this Policy will be primary in all instances except where a policy issued by other than a First Mercury Insurer exists, providing coverage for a Loss covered by this Policy, in which event this policy will apply in excess of and will not contribute with such other insurance. The insurance will co-insure all Loss(es) where coverage is also provided by such other Insurer. However, if this policy contains an endorsement providing that Defense Costs are included within the definition of Loss, then with respect to any such Defense Costs, this policy will apply as excess insurance over any other insurance that provides for the Insured(s) defense SALVAGE: Any salvage or other recovery, after expenses incurred in salvage or recovery is deducted, will accrue entirely to the benefit of the Insurer until the sum paid by the Insurer has been recovered. In case of damage to property bearing a brand or trademark, or which in any way carries or implies the guarantee or the responsibility of the Insured, the salvage value of such damaged property will be determined after removal in the customary manner of all such brands or trademarks or other identifying characteristics, the costs of which will be borne by the Insured. The goodwill and public image of the Insured will be considered in determining whether any Insured Product(s) should be involved in salvage recovery. The Insurer('s) right to salvage will not be unreasonably restricted by the Insured. The Insured will have full right to the possession of all goods involved in any Loss under this Policy and will retain control of all damaged goods. There can be no abandonment of any property to the Insurer SELF INSURED RETENTION: The Self Insured Retention stated in the Declarations will apply separately to each and every Loss. The Self Insured Retention is to be borne by the Insured and remain uninsured SEVERABILITY, CONSTRUCTION AND CONFORMANCE TO STATUTE: If any provision contained in this Policy is, for any reason, held to be invalid, illegal or unenforceable in any respect, it is deemed to be severed and to have no effect on any other valid legal and enforceable provision of this Policy. RPSCP-Wording Page 8 of 9
9 If any provision contained in this Policy can be construed as being invalid, illegal or unenforceable for any reason, it will be construed by limiting it so as to be valid, legal, and enforceable to the extent compatible with applicable law. Any provisions of this Policy which are in conflict with the statutes or regulations of the state or country wherein this Policy is issued are hereby amended to conform to such statutes or regulations SUBROGATION: In the event of any payment under the Policy, the Insurer will be subrogated to the extent of such payment to all the Insured( s) rights of recovery. In such case the Insured will execute all documents required and will do everything necessary to secure and preserve such rights including the executions of such documents necessary to enable the Insurer effectively to bring Suit in the name of the Insured TERRITORY: This Policy applies to an Insured Event anywhere in the world with the exception of any country or jurisdiction which is subject to trade or other economic sanction or embargo by the United States of America. RPSCP-Wording Page 9 of 9
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LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY COVERAGE WE will pay all sums up to the limit of OUR liability, which the INSURED may be legally obligated to pay as DAMAGES due to any CLAIM:
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
Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties, and what is and is not covered. Throughout this policy, the words you and your refer to
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,
Cover-Pro sm PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE POLICY - PLEASE READ IT CAREFULLY In consideration of the payment of the premium and in reliance upon all statements and information
CATLIN ERRORS & OMISSIONS INSURANCE ERRORS & OMISSIONS INSURANCE NOTICE: This is a Claims made form. Except to such extent as may otherwise be provided herein, the coverage afforded under this insurance
INSURANCE COMPANY ERRORS AND OMISSIONS POLICY In consideration of the payment of the premium, in reliance upon the statements in the Application attached hereto and made a part hereof, subject to the Declarations
Fiduciary Liability Policy Declarations Insurance is provided by the following Company: Zurich American Insurance Company Policy Number: Item 1. Parent Company and address: Item 2. Limits of Liability:
Policy Number: RLI Insurance Company Peoria, Illinois 61615 A Stock Insurance Company Personal Umbrella Liability Policy STATE OF NEW YORK AMENDATORY ENDORSEMENT In accordance with the laws and regulations
LIBERTY INSURANCE UNDERWRITERS INC. (hereinafter called the Company ): In consideration of and subject to the payment of the premium, the agreement of the Named Insured to pay the Deductible amount stated
The Solution for General Partnership Liability Coverage Part In consideration of the payment of the premium and subject to the General Terms and Conditions, the Insurer and the Insureds agree as follows:
(hereinafter called "the Company") MASSACHUSETTS CUSTOMIZED PRACTICE COVERAGE TITLE INSURANCE AGENT LIABILITY COVERAGE UNIT In consideration of the payment of the premium, in reliance upon the statements
INVESTMENT FUND MANAGEMENT AND PROFESSIONAL LIABILITY COVERAGE PART THIS IS A CLAIMS MADE COVERAGE PART WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY.
NPSA GENERAL PROVISIONS 1. Independent Contractor. A. It is understood and agreed that CONTRACTOR (including CONTRACTOR s employees) is an independent contractor and that no relationship of employer-employee
AUTOMOBILE LIABILITY & PHYSICAL DAMAGE COVERAGE AGREEMENT PART A GENERAL I. The TASB Risk Management Fund (Fund) provides coverage as outlined in this Automobile Liability & Physical Damage Coverage Agreement.
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...
Master Software Purchase Agreement This Master Software Purchase Agreement ( Agreement ) is entered into as of Wednesday, March 12, 2014 (the Effective Date ) by and between with principal offices at (
STORAGE TANK THIRD-PARTY LIABILITY, CORRECTIVE ACTION AND CLEAN-UP COSTS POLICY NOTICE: THIS IS A CLAIMS-MADE-AND-REPORTED POLICY. PLEASE READ CAREFULLY. ADDITIONALLY, THIS POLICY HAS CERTAIN PROVISIONS
LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY COVERAGE WE will pay, subject to OUR limit of liability, all DAMAGES the INSURED may be legally obligated to pay and CLAIM EXPENSE(S), due to
ENDORSEMENT NO: This endorsement, effective 12:01 am, policy number forms part of issued to: by: THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EMPLOYMENT PRACTICES LIABILITY ENDORSEMENT
Illinois Union Insurance Company Remediation Cost Containment Insurance Policy This Policy is issued by the stock insurance company listed above (herein called the Insurer). PLEASE READ THIS POLICY CAREFULLY.
The insurance company shown in the Declarations (hereinafter "the Company") in consideration of the payment of the premium and the undertaking of the named insured to pay the Deductible described hereunder,
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)
Policy 2008 Excess Professional Liability Insurance for Lawyer LICENSEES/ Law Firms 2008 E x c e s s l i a b i l i t y i n s u r a n c e Contents Excess Insurance Policy.........................................................
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.
And Crisis Management Insurance Endorsement Policy Period Effective Date Policy Number Insured Name of Company Date Issued This Endorsement applies to the following forms: Coverages Expenses For Life Science
PUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016 EFFECTIVE: JULY 1, 2015 PUBLIC ENTITY RISK MANAGEMENT
Page 1 of 6 RESIDENT LIABILITY COVERAGE POLICY As part of a rental agreement, your your lease requirement. landlord may require you to carry liability coverage. This policy satisfies Definitions We, Us,
ACCOUNTANTS PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE AND REPORTED POLICY. PLEASE READ IT CAREFULLY. In consideration of the payment of the premium and in reliance upon the statements
UNITED EDUCATORS ASSOCIATION, INC. EDUCATORS PROFESSIONAL LIABILITY INSURANCE SUMMARY This insurance is available to eligible members of the United Educators Association, Inc. (UEA). The policy is underwritten
A Stock Insurance Company, herein called the Company PUBLIC ENTITY POLICY LAW ENFORCEMENT LIABILITY COVERAGE FORM OCCURRENCE COVERAGE Various provisions in this policy restrict coverage. Please read the
Personal Property Title Insurance (PPT-1) Any notice of claim and any other notice or statement in writing required to be given to the Company under this Policy must be given to the Company at the address
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
Complete Wellness Solutions, Inc. 6338 Constitution Drive Fort Wayne, Indiana 46804 GENERAL AGENT AGREEMENT This Agreement is made by and between Complete Wellness Solutions, Inc. (the Company ) and (the
ARCHITECTS AND ENGINEERS PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS-MADE AND REPORTED POLICY. VARIOUS PROVISIONS IN THIS POLICY RESTRICT COVERAGE. THIS POLICY CONTAINS IMPORTANT EXCLUSIONS
PATRIOT NATIONAL UNDERWRITERS, INC. Agent Agreement THIS AGENT AGREEMENT (the Agreement ) is made and entered into by and between Patriot National Underwriters, Inc., a Texas corporation ( Patriot ), and
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
COMMERCIAL GENERAL LIABILITY CG 00 65 12 04 ELECTRONIC DATA LIABILITY COVERAGE FORM SECTION I THIS FORM PROVIDES CLAIMS-MADE COVERAGE PLEASE READ THE ENTIRE FORM CAREFULLY Various provisions in this policy
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.
This Form Provides Claims-Made Coverage. Please Read The Entire Form Completely. MISCELLANEOUS PROFESSIONAL LIABILITY COVERAGE FORM CLAIMS MADE AND REPORTED BASIS Throughout this document, the word Insured
COMMERCIAL EXCESS LIABILITY POLICY DECLARATIONS Policy No. Renewal 1. NAMED INSURED AND MAILING ADDRESS 2. POLICY PERIOD From To 12:01 A.M. standard time at your mailing address shown above. : 3. LIMITS
Policy Number: Insured Name: INDUSTRIAL FINANCE GROUP INC Number: Effective Date: 05/01/2011 PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE AND REPORTED POLICY WHICH APPLIES ONLY TO CLAIMS
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A Stock Insurance Company, herein called the Company FIDUCIARY LIABILITY INSURANCE POLICY THIS POLICY APPLIES ONLY TO CLAIMS FIRST MADE AGAINST THE INSURED DURING THE POLICY PERIOD OR DISCOVERY PERIOD.