Sentences with phrase «sublimit coverage»

LawPro, the Lawyers» Professional Indemnity Company (LAWPRO) has announced that they will be providing a $ 250,000 sublimit coverage for eligible cybercrime losses in the 2014 policy year.

Innocent Party / Partner levy reduced Beginning with the 2018 policy year, the Innocent Party / Partner levy will be reduced by half to $ 125 for the basic $ 250,000 per claim / in the aggregate sublimit coverage.

Minimum level Innocent Party coverage (sublimit coverage of $ 250,000 per claim / aggregate) is required for all partners practising in association, partnership... Read More»

Not exact matches

If the property is excluded under the policy or has a sublimit, such as a ten foot high stack of cash, you might have difficulty with coverage but any property you could expect to be covered under the policy would fall under this water backup renters insurance coverage, subject to the remainder of the endorsement.

There are, of course, certain items that you would do well to declare and endorse the appropriate coverage for — jewelry is an example of something you'd want to declare, because otherwise there's a sublimit for loss by theft of jewelry.

Business personal property is a type of coverage that is actually written into a typical renters insurance policy as a sublimit.

Jewelry has a sublimit for loss by theft, but you can endorse additional coverage onto the policy.

Just be aware that this is a small coverage, often sublimited to a few hundred dollars.

However, if you've either endorsed the jewelry onto your policy to increase that sublimit or if you've added a personal articles floater for jewelry, the coverage is whatever that endorsement or policy indicated that it is.

However, the extent of coverage provided under Endorsement No. 5 is subject to a sublimit (a special limit within, and counting towards, the general limit of liability) of $ 250,000 per claim and in the aggregate.

In order to buy - up the sublimit all lawyers in the firm would have to apply for the same level of coverage.

LAWPRO offers Innocent Party coverage sublimits of: $ 250,000 per claim / in the aggregate for an annual premium of $ 250; or $ 500,000 per claim / in the aggregate for an annual premium of $ 400; or $ 1 million per claim / in the aggregate for an annual premium of $ 499.

There is a standard sublimit of $ 250,000 per claim / aggregate which can be bought up to $ 500,000 or $ 1,000,000 to provide wider coverage for the firm.

Finally, in 2014 LAWPRO introduced a sublimit of coverage for losses related to cybercrime, recognizing that prevention of these losses is more closely dependent on the appropriate use of information technology, and not on the application of legal skill.

In addition, the cyber coverage under the LAWPRO policy is subject to eligibility criteria and a modest sublimit.

We'd like to remind the bar that lawyers face significant risk of suffering cybercrime losses exceeding the $ 250,000 coverage sublimit.

Thus, where a claim based on cybercrime (now a defined term under our policy) would otherwise be eligible for coverage (because it arises from a lawyer's delivery of professional services), it will be covered, but only up to a sublimit of $ 250,000, including defence, repair and indemnity costs together.

We reviewed the issue of cyber risk in 2013, and have introduced a $ 250,000 sublimit of coverage for eligible cybercrime claims in our 2014 policy.

LawPRO strongly recommends that lawyers increase their optional coverage protection to the maximum sublimit offered, to provide comprehensive coverage and reduce the likelihood of gaps in coverage.

This sublimit (or cap) of coverage provides a modest «safety net» for lawyers in the area of cybercrime exposure.

The following identity fraud expenses are subject to the following sublimits within, and not in addition to, the expense reimbursement coverage limit.

Jewelry has a sublimit for loss by theft, but you can endorse additional coverage onto the policy.

There are, of course, certain items that you would do well to declare and endorse the appropriate coverage for — jewelry is an example of something you'd want to declare, because otherwise there's a sublimit for loss by theft of jewelry.

In addition, you can get coverage for jewelry, fine arts, and other classes of property which may be sublimited on the base policy form.

If the property is excluded under the policy or has a sublimit, such as a ten foot high stack of cash, you might have difficulty with coverage but any property you could expect to be covered under the policy would fall under this water backup renters insurance coverage, subject to the remainder of the endorsement.

Additional coverages are typically covered subject to a sublimit (a limit less than the policy limit).

This means that regardless of how much personal property coverage you have, only that sublimit regarding to jewelry would be paid out on that class of property from renters insurance.

First of all, it looks like there's coverage under the $ 1,500 sublimit.

However, there's a «special limit of liability,» or sublimit, that applies to the coverage.