Common use of Assistance and Advice Clause in Contracts

Assistance and Advice. On any claim on a policy reinsured hereunder, the Reinsurer will, at the request of the Company, advise and assist the Company in its determination of the liability and in the best procedure to follow with respect to a claim of doubtful validity, provided that the Reinsurer shall not be liable to the Company or to any third party for claims arising out of such advice and assistance.

Appears in 2 contracts

Samples: Reinsurance Agreement (Southern Security Life Insurance Co), Reinsurance Agreement (Security National Financial Corp)

AutoNDA by SimpleDocs

Assistance and Advice. On any claim on a policy Product reinsured hereunder, the Reinsurer will, at the request of the Company, advise and assist the Company in its determination of the liability and in the best procedure to follow with respect to a claim of doubtful validity, provided that the Reinsurer shall not be liable to the Company or to any third party for claims arising out of such advice and assistance.

Appears in 1 contract

Samples: Reinsurance Agreement (Arm Financial Group Inc)

AutoNDA by SimpleDocs

Assistance and Advice. On any claim on a policy reinsured hereunder, the The Reinsurer will, on any claim, at the request of the Company, advise and assist the Company in its determination of the liability liability, and in the best procedure to follow with respect to a claim of doubtful validity, provided that the Reinsurer shall not be liable to the Company or to any third party for claims arising out of such advice and assistance.

Appears in 1 contract

Samples: Excess of Loss Reinsurance Agreement (Eastern Insurance Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!