It is generally triggered when a final judgement is
entered against the insured, and it is satisfied when the insurer pays such covered amounts to the plaintiff who obtained the judgement.
Not exact matches
Whenever any civil action has been brought
against any officer of the Florida College System institution board of trustees, including a board member, or any person employed by or agent of the Florida College System institution board of trustees, of any Florida College System institution for any act or omission arising out of and in the course of the performance of his or her duties and responsibilities, the Florida College System institution board of trustees may defray all costs of defending such action, including reasonable attorney's fees and expenses together with costs of appeal, if any, and may save harmless and protect such person from any financial loss resulting therefrom; and the Florida College System institution board of trustees may be self -
insured, to
enter into risk management programs, or to purchase insurance for whatever coverage it may choose, or to have any combination thereof, to cover all such losses and expenses.
As an H - DTM Visa Signature Cardmember of U.S. Bank National Association, you, your spouse and unmarried dependent child (ren) will be automatically
insured against accidental loss of life, limb, sight, speech or hearing while riding as a passenger in,
entering or exiting any licensed Common Carrier, provided the entire cost of the passenger fare (s), less redeemable certificates, vouchers or coupons, has been charged to your H - DTM Visa Signature Card issued by U.S. Bank National Association.
As an Aeromexico Visa cardmember of U.S. Bank National Association, you, your spouse and unmarried dependent child (ren) will be automatically
insured against accidental loss of life, limb, sight, speech or hearing while riding as a passenger in,
entering or exiting any licensed Common Carrier, provided the entire cost of the passenger fare (s), less redeemable certificates, vouchers or coupons, has been charged to your Aeromexico Visa Card issued by U.S. Bank National Association.
If you can find a company that will
insure against the risk that one of these eels will
enter your customer's penis and wriggle its way up his urethra and into his bladder requiring surgery, that may be worth the investment.
Typically, the tort victim agrees not to pursue the
insured / tortfeasor's personal assets and to limit recovery to insurance proceeds and equitable garnishment claims
against the insurance company after a judgment is
entered.