Common use of Client and insurer money Clause in Contracts

Client and insurer money. 10.1.We are authorised to handle client monies, however for the purposes of general insurance activities all client money is handled by BBPS Ltd. Details of who BBPS Ltd are shown in section 2 above. BBPS Ltd hold all client money in a trust account, the purpose of which is to protect you in the event of financial failure since, in such circumstances, general creditors would not be able to make claims on client money.

Appears in 4 contracts

Samples: www.allmedpro.co.uk, www.allmedpro.co.uk, allmedpro.co.uk

AutoNDA by SimpleDocs

Client and insurer money. 10.1.We 10.1. We are authorised to handle client monies, however for the purposes of general insurance activities all client money is handled by BBPS Ltd. Details of who BBPS Ltd are are shown in section 2 above. BBPS Ltd hold all client money in a trust account, the purpose of which is to protect you in the event of financial failure since, in such circumstances, general creditors would not be able to make claims on client money.

Appears in 2 contracts

Samples: riskworksbusiness.com, riskworksbusiness.com

Client and insurer money. 10.1.We are not authorised to handle client monies, however for the purposes of general insurance activities all client money is handled by BBPS Ltd. Ltd . Details of who BBPS Ltd are is shown in section 2 above. BBPS Ltd hold all client money in a trust account, the purpose of which is to protect you in the event of financial failure since, in such circumstances, general creditors would not be able to make claims on client money.

Appears in 1 contract

Samples: www.denovorisksolutions.co.uk

AutoNDA by SimpleDocs

Client and insurer money. 10.1.We 14.1. We are not authorised to handle client monies, however for the purposes of general insurance activities ; all client money is handled by BBPS Ltd. Details of who BBPS Ltd are shown in section 2 above. BBPS Ltd hold holds all client money in a trust account, the purpose of which is to protect you in the event of financial failure since, in such circumstances, general creditors would not be able to make claims on client money.

Appears in 1 contract

Samples: www.rsrisk.solutions

Time is Money Join Law Insider Premium to draft better contracts faster.