BET INSURANCE Sample Clauses

BET INSURANCE. Insurance is a paid for service. The insurance price depends on the current odds of the event to be insured. The Customer can insure a bet in full or in part. Insurance can be bought for single bets and accumulators. Other types of bet cannot be insured. The Customer cannot use the "Sell bet slip" feature for an insured bet. If a bet loses, the insured part of such bet will be refunded to the Customer. ● Example. A bet of €10 was placed at odds of 1.8. The Customer wants to insure 100% of the bet. The bookmaker offers insurance at the price of €5. If the Customer agrees, their account will be debited for €5. ● If the bet wins, the total return of €18 is paid to the Customer in full. ● If the bet loses, €10 is paid to the Customer because the full stake amount was insured (€10). ● If the bet is refunded (at odds of 1), the insurance price will be credited back to the Customer’s account. The Customer may take out several insurance policies for the same bet. ● For example, the Customer can first insure 10%, then 30%, and then another 50%. Note that the insurance price can change as odds are subject to variation. ● The total amount of all insurance policies taken out cannot exceed 100% of the stake. The Company is not liable in cases where the service is not available due to technical failure. The Company reserves the right to suspend the service at any time in regard to any betting event without stating a reason. The bet slip insurance can be canceled if technical problems have been detected, bets are settled as normal based on the event outcome. The Company does not guarantee that any bet placed on the website can be insured. The customer has the right to accept the offered conditions or refuse to insure the bet slip at the specified price.
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Related to BET INSURANCE

  • Trauma Insurance All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Group Insurance All employees covered by this Agreement shall receive the same group insurance benefits as provided to other County employees in accordance with the County Benefit Program.

  • Accident Insurance It is highly recommended that either the Sending Institution or the Receiving Organisation/Enterprise provide insurance coverage to the trainee, and fill in the information in Table B or C accordingly. The trainee must be covered at least by an accident insurance (damages caused to the trainee at the workplace) and by a liability insurance (damages caused by the trainee at the workplace).

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