Common use of Accidental Death Benefits Clause in Contracts

Accidental Death Benefits. If, as a direct result of the Insured Property stranding, sinking, burning or being in a collision, the person(s) named as Insured on the Declarations Page, spouse, or the relatives of either or any person under age 21 in their care, die within 12 months of the occurrence, we shall pay in the event of such occurrence: $10,000 for the death of the named Insured; $5,000 for the death of the spouse; $1,000 for the death of the relatives of either , or any person, under age 21 in their care. Any payment under this section to any claimant does not constitute an admission of liability or fault for any entitlement to recover against the Insured Person or invoke coverage under the Liability Insurance – Protection and Indemnity section. UNINSURED BOATER If an amount is indicated on the Declarations Page for “Uninsured Boater Coverage”, we will pay up to that amount for damages, which, because of bodily injury received aboard your Insured Vessel, you are legally entitled to recover from the Uninsured Boater. We do not provide Uninsured Boater coverage:

Appears in 3 contracts

Samples: Insuring Agreement, premiergroup.ca, premiermarineusa.com

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Accidental Death Benefits. If, as a direct result of the Insured Property stranding, sinking, burning or being in a collision, the person(s) named as Insured on the Declarations Page, spouse, or the relatives of either or any person under age 21 in their care, die within 12 months of the occurrence, we shall pay in the event of such occurrence: $10,000 for the death of the named Insured; $5,000 for the death of the spouse; $1,000 for the death of the relatives of either either, or any person, under age 21 in their care. Any payment under this section to any claimant does not constitute an admission of liability or fault for any entitlement to recover against the Insured Person or invoke coverage under the Liability Insurance – Protection and Indemnity section. UNINSURED BOATER If an amount is indicated on the Declarations Page for “Uninsured Boater Coverage”, we will pay up to that amount for damages, which, because of bodily injury received aboard your Insured Vessel, you are legally entitled to recover from the Uninsured Boater. We do not provide Uninsured Boater coverage:

Appears in 2 contracts

Samples: premiergroup.ca, premiergroup.ca

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