Tradesman Liability Insurance Recycling Services Wording. Policy Document

Transcription

1 Tradesman Liability Insurance Recycling Services Wording Policy Document

2 Tradesman Liability Insurance Recycling Services Wording General Insuring Clause In consideration of the payment of the premium to the Underwriters they will provide the insurance stated in each operative section of this Certificate during the Period of Insurance. This Certificate, the Proposal, the Schedule, including any Schedule issued in addition or substitution and any Endorsements or Memoranda shall be considered one document and any word or expression to which a specific meaning has been attached shall bear such meaning wherever it appears. The words Certificate and Policy are agreed to share the same meaning wherever they appear in this document. 9-Jul-14 PAGE 2 OF 6

3 SCHEDULE OF INSURANCE This insurance is provided by the insurers on the basis of the statements, information and Material Facts advised to Miles Smith. A Material Fact is one that an insurer would regard as likely to influence their assessment and acceptance of this insurance. You should check this Schedule and if any of the statements, information or the Material Facts are incorrect or if there are any other Material Facts you should disclose you should contact your adviser immediately. Failure to do so could invalidate your policy or result in a claim being repudiated. Certificate Number B Insured Parent Company Taylors Environmental and Recycling Limited Insured Subsidiary Companies None Address Unit 8 Century Yard Hedon Road Hull HU12 8FB Business Description Plastic and cardboard recyclers Period of Insurance FROM 10th July 2014 TO: 9th July 2015 Both days inclusive Local Standard Time at the Insured s Address Number of Operatives The premium is based on the total number of employees stated below. The Insured is responsible for notifying Underwriters immediately if the number of employees changes. (a) Manual Proprietor / Partners 0 (b) Non-manual Proprietor / Partners 0 (c) Manual Directors / Employees 7 (d) Non-manual Directors / Employees 2 (e) Labour-only sub-contractors 0 Numbers Premium GBP 3, Premium GBP Insurance Premium Tax at 6.0% GBP Policy Charge GBP 3, Total This is a minimum and deposit premium which is adjustable in accordance with Condition 6 Number of Employees. Subjectivities None 9-Jul-14 PAGE 3 OF 6

4 Section A Employers Liability Limit of Indemnity: GBP 10,000,000 as defined in the Rostrum Tradesman Recycling Liability Certificate GBP 5,000,000 in respect of terrorism as defined in the Rostrum Tradesman Recycling Liability Certificate Section B Public Liability Limit of Indemnity: GBP 2,000,000 as defined in the Rostrum Tradesman Recycling Liability Certificate Section C Products Liability Limit of Indemnity: GBP 2,000,000 as defined in the Rostrum Tradesman Recycling Liability Certificate Section D Pollution Liability Limit of Indemnity: GBP 2,000,000 as defined in the Rostrum Tradesman Recycling Liability Certificate Retroactive Date Section D Pollution Liability 10 th July 2009 Excess Section A Nil Section B GBP 1,500 Third Party Property Damage and Third Party Bodily Injury Section C GBP 1,500 Third Party Property Damage and Third Party Bodily Injury Section D GBP 1,500 Third Party Property Damage and Third Party Bodily Injury The Insured shall be responsible for the first amount of each and every claim or series of claims arising from one source or original cause as indicated above. The amount shown is inclusive of all costs, expenses and adjusters fees incurred. Underwriters may require the Excess to be paid at any time during the investigation, defence or settlement of any claim. Notwithstanding this Excess, the Insured shall comply with Condition 5. Claims Procedure as if no Excess applied. The term claim means any notification forwarded to Miles Smith in compliance with Condition 5. Claims Procedure. Wording Rostrum Tradesman Recycling Liability Certificate. Please refer to the Policy/Certificate Wording for applicable Endorsements/Conditions/Exclusions. Endorsements/Conditions/Exclusions not contained within the Policy/Certificate Wording LMA3333 (Re)Insurers Liability Clause [as attached] 9-Jul-14 PAGE 4 OF 6

5 Operative Memoranda M32 Personal Protective Equipment Clause M53 Waste Disposal Conditions M68 Skip Conditions M81 Pollution Contamination Clean Up Costs Extension M85 Additional Employees extension (50 days) THIS IS TO CERTIFY that in accordance with the authority granted to us under Contract No. B the said Insurers are hereby bound to insure in accordance with the terms and conditions as attached hereto or as entered hereon. Date of issue 9-Jul-2014 by 'Rostrum ' is a trading style of Miles Smith Limited (part of the Miles Smith Group), which is Authorised and Regulated by the Financial Conduct Authority. Miles Smith Limited are Registered in England Registered Office: 22 Melton Street, Euston Square, London NW1 2BW 9-Jul-14 PAGE 5 OF 6

6 Endorsement attaching to and forming part of Certificate Number: B (RE)INSURERS LIABILITY CLAUSE (Re)insurer s liability several not joint The liability of a (re)insurer under this contract is several and not joint with other (re)insurers party to this contract. A (re)insurer is liable only for the proportion of liability it has underwritten. A (re)insurer is not jointly liable for the proportion of liability underwritten by any other (re)insurer. Nor is a (re)insurer otherwise responsible for any liability of any other (re)insurer that may underwrite this contract. The proportion of liability under this contract underwritten by a (re)insurer (or, in the case of a Lloyd s syndicate, the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp. This is subject always to the provision concerning signing below. In the case of a Lloyd s syndicate, each member of the syndicate (rather than the syndicate itself) is a (re)insurer. Each member has underwritten a proportion of the total shown for the syndicate (that total itself being the total of the proportions underwritten by all the members of the syndicate taken together). The liability of each member of the syndicate is several and not joint with other members. A member is liable only for that member s proportion. A member is not jointly liable for any other member s proportion. Nor is any member otherwise responsible for any liability of any other (re)insurer that may underwrite this contract. The business address of each member is Lloyd s, One Lime Street, London EC3M 7HA. The identity of each member of a Lloyd s syndicate and their respective proportion may be obtained by writing to Market Services, Lloyd s, at the above address. Proportion of liability Unless there is signing (see below), the proportion of liability under this contract underwritten by each (re)insurer (or, in the case of a Lloyd s syndicate, the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp and is referred to as its written line. Where this contract permits, written lines, or certain written lines, may be adjusted ( signed ). In that case a schedule is to be appended to this contract to show the definitive proportion of liability under this contract underwritten by each (re)insurer (or, in the case of a Lloyd s syndicate, the total of the proportions underwritten by all the members of the syndicate taken together). A definitive proportion (or, in the case of a Lloyd s syndicate, the total of the proportions underwritten by all the members of a Lloyd s syndicate taken together) is referred to as a signed line. The signed lines shown in the schedule will prevail over the written lines unless a proven error in calculation has occurred. Although reference is made at various points in this clause to this contract in the singular, where the circumstances so require this should be read as a reference to contracts in the plural. LMA June Jul-14 PAGE 6 OF 6