Change in Coverage of an Insured Person Sample Clauses

Change in Coverage of an Insured Person. If an occurrence takes place affecting the class of insurance or revising the coverage of an Insured Person, the Policyholder agrees to notify the Administrator, in writing, within 31 days. If there is a benefit increase or a change in the class of insurance, then the revised coverage will become effective on the first day of the month following the date the Administrator receives notice from the Policyholder. If the notice of revised coverage is not received within the allotted time then Evidence of Insurability will be required and the revised coverage will become effective on the first day of the month following the acceptance of Evidence of insurability by the Insurer. If there is an increase in coverage and an Insured Employee is not Actively at Work on the date when his or her class of insurance or coverage would normally be revised, the revised coverage will become effective on or after the first day of the month when the Insured Employee returns to being Actively at Work. If there is a benefit decreases, then the revised coverage will become effective from the first day of the month following the date of the change.
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Change in Coverage of an Insured Person. Whenever an occurrence takes place affecting the class of insurance or revising the coverage of an Insured Person, the Policyholder agrees to notify the Administrator, in writing, within thirty-one (31) days. In case of an increase of coverage, the new class of insurance or the revised coverage shall become effective from the first (1st) day of the month following the date on which the Administrator receives the notice from the Policyholder. If such notice is not received within the prescribed period, Evidence of insurability shall be required and the revised coverage shall become effective on the first (1st) day of the month following the acceptance of Evidence of insurability by the Insurer. In the case of an increase of coverage and in the event that an Insured Employee is not Actively at Work in the service of his Employer on the date on which his class of insurance or his coverage would normally be revised, the revised coverage shall not become effective before the first (1st) day of the month following the effective date of his return to work in the capacity for which they are made eligible for insurance. In the case of a decrease of coverage, the new class of insurance or the revised coverage shall become effective from the first (1st) day of the month following the date of the occurrence affecting the class of insurance or the coverage.
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Change in Coverage of an Insured Person. In case of an increase of coverage, the new classification or the revised coverage shall become effective on the date of the change. In the case of an increase of coverage and in the event that a Insured Employee is not Actively at Work in the service of his Firm on the date on which his insurance classification or his coverage would normally be revised, the revised coverage shall not become effective before the Effective Date of his return to work in the capacity for which they are made eligible for insurance. In the case of a decrease of coverage, the new classification or the revised coverage shall become effective from the date of the occurrence affecting the classification or the coverage.
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Related to Change in Coverage of an Insured Person

  • Policy Deductibles and/or Self-Insured Retentions The policies set forth in these requirements may provide coverage that contains deductibles or self- insured retention amounts. Such deductibles or self-insured retention shall not be applicable with respect to the policy limits provided to the City. Consultant shall be solely responsible for any such deductible or self-insured retention amount.

  • Duties Of An Injured Person – Coverage F – Medical Payments To Others 1. The injured person or someone acting for the injured person will:

  • Deductibles and Self-Insured Retentions Any deductibles or self-insured retentions must be declared to, and approved by CITY's Risk Manager. At the option of CITY, either; the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects CITY, its officer, employees, agents and contractors; or GRANTEE shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses in an amount specified by the CITY's Risk Manager.

  • Deductibles and Self-Insured Retention Any deductible or self-insured retention that apply to any insurance required by this Agreement must be declared and approved by COUNTY.

  • Vandalism Or Malicious Mischief This peril does not include loss to property on the "residence premises", and any ensuing loss caused by any intentional and wrongful act com- mitted in the course of the vandalism or malicious mischief, if the dwelling has been vacant for more than 60 consecutive days immediately before the loss. A dwelling being constructed is not consid- ered vacant.

  • Self-Insured Retention/Deductibles Certificates of Insurance must indicate the applicable deductibles/self-insured retentions for each listed policy. Deductibles or self-insured retentions above $100,000.00 are subject to approval from OGS. Such approval shall not be unreasonably withheld, conditioned or delayed. The Contractor shall be solely responsible for all claim expenses and loss payments within the deductibles or self-insured retentions. If the Contractor is providing the required insurance through self-insurance, evidence of the financial capacity to support the self-insurance program along with a description of that program, including, but not limited to, information regarding the use of a third-party administrator shall be provided upon request.

  • Windstorm or hail This peril does not include loss to the property contained in a building caused by rain, snow, sleet, sand or dust unless the direct force of wind or hail damages the building causing an opening in a roof or wall and the rain, snow, sleet, sand or dust enters through this opening. This peril includes loss to watercraft and their trailers, furnishings, equipment, and outboard engines or motors, only while inside a fully enclosed building.

  • Child Coverage Limited to Coverage Under One Employee If both spouses work for the State or another organization participating in the State’s Group Insurance Program, either spouse, but not both, may cover the eligible dependent children or grandchildren. This restriction also applies to two divorced, legally separated, or unmarried employees who share legal responsibility for their eligible dependent children or grandchildren.

  • Professional Indemnity Insurance A policy of insurance to cover claims made against the insured for: civil liability for breach of professional duty (whether owed in contract or otherwise); and unintentional breaches of third party intellectual property, by the Contractor or its subcontractors in carrying out the Contractor's Activities.

  • Errors and Omissions, Professional Liability or Malpractice Insurance Contractor may be required to carry errors and omissions, professional liability or malpractice insurance. All policies shall remain in force through the life of this Contract and shall be payable on a "per occurrence" basis unless County specifically consents to a "claims made" basis. The insurer shall supply County adequate proof of insurance and/or a certificate of insurance evidencing coverages and limits prior to commencement of work. Should any of the required insurance policies in this Contract be cancelled or non-renewed, it is the Contractor’s duty to notify the County immediately upon receipt of the notice of cancellation or non-renewal. If Contractor does not carry a required insurance coverage and/or does not meet the required limits, the coverage limits and deductibles shall be set forth on a waiver, Exhibit C, attached hereto. Failure to provide and maintain the insurance required by this Contract will constitute a material breach of this Contract. In addition to any other available remedies, County may suspend payment to the Contractor for any services provided during any time that insurance was not in effect and until such time as the Contractor provides adequate evidence that Contractor has obtained the required coverage.

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