Sentences with phrase «against an insured during»

If it was not made against the insured during the policy period, then the insurer can disclaim coverage for that reason alone, regardless of when the insured gave notice.1 If the claim was made during the policy period but the insured gave notice after the expiration of the requisite time frame for notice under the policy, then the ability to disclaim coverage will turn on whether the notice provisions are conditions precedent or covenants.2 This principle applies regardless of whether the policy is a claims - made or a claims - made - and - reported and reported.3 If the notice provisions are covenants, then late notice constitutes a breach of the policy by the insured, triggering application of Md..

As its name suggests, a claims - made policy covers claims made against an insured during the policy period.

For a claim to be covered, it must be made against an insured during the term of the policy.

The claims - made policy form only covers claims made against the insured during the policy term.

Not exact matches

A claims - made policy protects an insured against covered claims or incidents that occur and are reported during the policy period.

However, as a student diver attending one of our PADI courses in Phuket, you are insured against diving accidents that may happen during your open water dives.

In summary, chancel repair liability will continue to be a going concern for all property transactions up until 13 October during which time conveyancers should continue to carry out searches and where appropriate, insure against this medieval risk.

Whereas the Lawyers» Insurance Association of Nova Scotia (LIANS) insures lawyers against losses arising from certain errors or omissions during practice, the Lawyers» Fund for Client Compensation covers eligible losses arising from a lawyer's theft or fraud.

This is a Traditional rider plan, which caters the need of protection cover against any untoward event along with additional benefits to the insured during the contract period.

This plan also provides cover during the travel period in the form of compensations against lost luggage post check in, and purchase of consumable goods owing to delay in the handing over of the checked in luggage of the insured individual by the carrier for more than 12 hours.

Health insurance plans insure you against unexpected medical emergencies and keep your family's finances stable during such a testing time.

Health insurance plans insure you against medical emergencies and keep your finances stable during trying times.

This plan also provides cover during the travel period in the form of compensations against lost luggage post check in, any kind of delay in the flight, accommodation and travelling expenses borne by the individual due to missed flight, or expenses incurred on purchase of consumable goods owing to delay in the handing over of the checked in luggage of the insured individual by the carrier for more than 12 hours.

The plan insures against expenses incurred for emergency medical treatment of illness, disease and injury sustained during overseas travel and which need immediate action.

This plan also provides protection against any kind of legal liability in the form of any injury or property damage to a third party, that may arise upon the insured person during the travel period.

Traditionally, liability insurance was written on an occurrence basis, meaning that the insurer agreed to defend and indemnify against any loss which allegedly «occurred» as a result of an act or omission of the insured during the policy period.

[5] A related variation is the claims - made - and - reported policy, under which the policy covers only those claims that are first made against the insured and reported by the insured to the insurer during the policy period.

In - flight coverage protects an insured aircraft against damage during all phases of flight and ground operation, including while parked or stored.

Typical professional liability policies will indemnify the insured against loss arising from any claim or claims made during the policy period by reason of any covered error, omission or negligent act committed in the conduct of the insured's professional business during the policy period.

More specifically a typical policy will provide indemnity to the insured against loss arising from any claim or claims made during the policy period by reason of any covered error, omission or negligent act committed in the conduct of the insured's professional business during the policy period.

Base Sum Insured: The sum shown against each Insured Person in the Policy Schedule which represents the Company's maximum liability in aggregate for each Insured Person for any and all claims incurred for that Insured Person during the Policy Period.

Critical Illness Rider: A critical illness rider safeguards the policyholder against the listed critical illnesses which may occur at any time during the policy term to the insured.

New Money Back Plan — 25 years by LIC is a non-linked, participating policy that offers an appealing combo of savings and protection against the demise of the insured during the term of the policy together with the cyclic payments on the survival of the insured at particular throughout the term.

Personal Liability: This plan also provides protection against any kind of legal liability in the form of any injury or property damage to a third party, that may arise upon the insured person during the travel period.

By opting for a long term insurance period, insured is protected against the possible rise in premium rates during the policy tenure.

The insured pet is usually covered against death caused by an accident or by disease contracted during the pet insurance term.

Critical Illness: The critical illness rider guards against a host of critical illnesses that may arise during the life of the insured party.

Liability insurance is a coverage that protects and supports the insured person or the organization against the legal liabilities owing to insured during the policy period.

It provides life cover to the insured against the risk of untimely or pre-mature death during the policy term.

This effective insurance policy offers coverage against hospitalization expenses that take place because of any illness / disease / injury sustained or contracted by the insured during the policy period.

These premiums are not dependent on claims made against the policy, which means that a sudden increase in claims will not lead to the insured seeing rate increases during the policy period.

The length of time, specified in the language of the written policy, during which an insured policy holder can repay an overdue balance against the policy premium while still keeping their renters insurance coverage in force during that period of time.

For all other types, the insurance provides protection against against the insured event and compensate the policyholder in case of the occurrence of insured event during the policy coverage.

This add - on cover provides coverage to the insured against accidental death and total / partial dismemberment, if sustained during the travel.

Family Travel Insurance plan covers the family of the insured during travel against the travel related contingencies.

A claims - made policy covers claims made against you or another an insured during the policy period.

A senior citizen travel insurance covers the insured against medical expenses arising from any sudden illness, injury or accident occurred during the trip.

If you are planning an event in Florida or the Gulf Coast during hurricane season, you may want to insure against that contingency.

HDFC Life Super Savings Plan is a regular payment plan which allows an opportunity to participate in the profits of the company by way of bonuses to enhance your policy proceeds.The plan delivers financial defense against premature demise of the insured during the policy term.

The inland marine insurance offers coverage against loss or damage which may damage the insured goods, finished goods, raw materials during transportation under the contract of affreightment.

During the life of the insured, the policy acts much like a tax - free savings and personal loan account, where the funds can be invested at the policyholder's discretion, or the current value of the policy borrowed against.

Term life insures against the death of the policyholder and pays a lump sum to the beneficiaries during a specified period of time, typically from 5 to 30 years.