Sentences with phrase «against an insured party»

A Run off PI policy will provide indemnity to cover the cost of defending any claim made against those insured under the policy and will reimburse the losses occurring should the claim be upheld against the insured parties.
This means they cover the cost of investigating, defending, and settling claims filed against an insured party.

Not exact matches

impact of environmental events, governmental and other third - party responses to such events, and its ability to insure adequately against such events;
For the protection of members and all those involved in the management of registered and insured cycling events, British Cycling provides through its public liability insurance policy, an indemnity, limited to # 15 million (3) for legal liabilities arising from claims made against an event organiser, official or participant1 that involves either bodily injury or property damage to a third party.
(2) signed by an individual, or his parent, to the effect that he has been denied admission to or not permitted to continue in attendance at a public college by reason of race, color, religion, or national origin, and the Attorney General believes the complaint is meritorious and certifies that the signer or signers of such complaint are unable, in his judgment, to initiate and maintain appropriate legal proceedings for relief and that the institution of an action will materially further the orderly achievement of desegregation in public education, the Attorney General is authorized, after giving notice of such complaint to the appropriate school board or college authority and after certifying that he is satisfied that such board or authority has had a reasonable time to adjust the conditions alleged in such complaint, to institute for or in the name of the United States a civil action in any appropriate district court of the United States against such parties and for such relief as may be appropriate, and such court shall have and shall exercise jurisdiction of proceedings instituted pursuant to this section, provided that nothing herein shall empower any official or court of the United States to issue any order seeking to achieve a racial balance in any school by requiring the transportation of pupils or students from one school to another or one school district to another in order to achieve such racial balance, or otherwise enlarge the existing power of the court to insure compliance with constitutional standards.
The carrier who insured the building itself could also attempt to subrogate against the responsible party to recover what they paid out.
By listing a renters insurance interested party instead of a renters insurance additional insured, you preserve your right to take action against them for something that's potentially covered under the policy.
So, when you buy our insured products, you will enjoy greater peace of mind knowing that you're better managing third party risk and defending your business against the negative financial consequences of a possible loan default and the resulting repurchase request.
Typically in British Columbia you will have two or more injury claims, one against ICBC as your insurer and another against the at fault driver, usually also insured by ICBC under third party liability coverage.
In order to settle an uninsured or underinsured motorist claim, the injured insured party must still prove liability against the uninsured or underinsured motorist.
LAWRO has developed «Innocent Party» coverage to insure against these claims.
A.D. 2005)(successfully obtained ruling affirming dismissal of insured physician's third - party claim against medical malpractice insurance carrier seeking to override the negotiated settlement of a malpractice claim).
Accordingly, the White Plains scaffold accident attorneys at our Main Office and the Stamford scaffold accident lawyers at our Connecticut Office will also insure that you have received Worker's Compensation benefits from your employer while your personal injury claim is progressing against the other parties, including the owner, contractor, subcontractor and suppliers.
The insured commenced third party proceedings against Intact and the insurance brokers.
The German Consumer Dispute Resolution Law (Verbraucherstreitbeilegungsgesetz) provides a complaints procedure for the insured party against insurance companies regarding claims arising from the insurance contract.
The Court of Appeal earlier this year in Sibthorpe and Morris v London Borough of Southwark [2011] EWCA Civ 25, [2011] 2 All ER 240 concluded that solicitors were acting lawfully when they elected not to insure with a third party against the risk of adverse costs, choosing instead to indemnify out of the firm purse.
The insured could also sue Samsing for any losses suffered, whether or not they were covered by insurance, but any insurance company that paid a related claim would also have a lien on any recovery of the insured in a suit by the insured against Samsing, for any loss paid by the party at fault to the insured that was within the scope of what the insurance company paid the insured for.
I should add that we also take part in insurance litigation on behalf of the insured or an injured third party against an insurer.
Public Liability Insurance applies to forms of third party liability insurance which protects the insured against lawsuits brought by members of the public for accidental injury and / or property damage.
Liability Insurance offers protection against third party claims, which means that payment is maid to someone who suffers loss caused by an insured person.
The carrier who insured the building itself could also attempt to subrogate against the responsible party to recover what they paid out.
It protects all parties involved in a project against physical damage to insured property caused by a covered peril.
This covers all third party liabilities and also covers the vehicle owner against the destruction of the vehicle by fire (whether malicious or due to a vehicle fault) and theft of the insured vehicle.
As is mandatory in Motor Vehicle act, Liberty Private Car package plans indemnifies the insured in the event of an accident caused by or arising out of the use of the vehicle against all sums which the insured shall become legally liable to pay in respect to a third party subject to the limits of liability as laid down in the Schedule hereto the Company.
A guaranteed renewable insurance policy is one where the insurer is obligated to renew the insurance coverage for as long as the insured party makes the payments against that policy.
Third Party Insurance: Under this plan, the insured individual is protected against the loss / damage that occur due to bodily injury or death to a third party or any damage to property because of the insured person's vehParty Insurance: Under this plan, the insured individual is protected against the loss / damage that occur due to bodily injury or death to a third party or any damage to property because of the insured person's vehparty or any damage to property because of the insured person's vehicle.
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.
Yashish Dahiya of Policybazaar.com told Business Standard, «The size and capacity of the car / bike is not that important because motor TP insurance is for protecting the insured against any injury or damage caused to a third person / party (vehicle) in an accident.»
• The insured party is convicted of a crime having as one of its necessary elements an act increasing any hazard the policy insures against.
This normally applies to health insurance policies where the insured party may have to pay for their own care for a period of days prior to being eligible to make a claim against their insurance policy.
The insolvency or bankruptcy of insured does not release the insurer from payment of liability or property damages to a third party for loss sustained under the policy, and an injured person may bring action against insurer directly if insured is insolvent.
It means that when your landlord's insurance carrier subrogates and tries to collect that money they paid out from the responsible party, you're personally on the hook for it because your landlord doesn't have a claim against your liability coverage, as additional insured.
Subrogation The insurer's right to enforce a remedy which the insured has against a third party and the insurer's right to require the insured to repay the...
Car liability insurance is similar to other forms of liability coverage in that it insures the policy owner against third party claims.
The Insured, however, must fully cooperate with the Company in order to retain the corresponding right of recovery against the third party responsible for the accident.
In case of critical illness insurance policy, the insured person at his own expense must permit the insurers to perform or do any act of enforcing or securing the criminal rights or remedies against the third party who has caused the loss or injury.
Oriental Insurance Two Wheeler Policy offers comprehensive coverage against liability to third parties, accidental loss to the insured vehicle, personal accident to owner - driver.
National two wheeler insurance with comprehensive coverage is optional and it provides coverage against third party liabilities and insured two wheeler vehicles
This amazing two wheeler insurance policy has been carefully designed and thoughtfully conceptualized to ensure comprehensive protection to the insured two wheelers against physical damages, natural calamities, third party legal liabilities and / or injuries arising due to an accident.
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.
To begin with, the third party needs to lodge an FIR against the insured vehicle owner and produce the insured's valid insurance proof before Motor Accident Claims Tribunal and follow the judgement.
This plan not only provides a cover against third party liabilities but also protects damage to the insured vehicle along with personal accident cover and any add - ons.
It will provide coverage to insured against damages to own vehicle damages, third party vehicle damages, third party property damages and personal accident cover which is an add - on cover.
The liability in such policies arises only when the said third party has filed a claim against the insured in a tribunal at the place of the mishap.
Coverage Coverage is the financial protection provided to the insured against damage or loss due to natural or man - made calamity along with third party liability.
Critical Illness: The critical illness rider guards against a host of critical illnesses that may arise during the life of the insured party.
Under this policy, one gets his bike / scooter insured against losses due to natural or manmade calamities e.g. fire, flood, theft, malicious act etc., personal accident cover and third party liability.
In a broader sense, this insurance policy covers any damage to a third party's property or liabilities against injury or death due to an accident, where the insured vehicle is involved.
The insured driver is the first party and the second party is the company insuring that driver against risk.
One of the two triggers that can be specified by an insured party to protect against losses caused by an accident with a driver who has insufficient insurance.
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