Common use of Contingency cover Clause in Contracts

Contingency cover. In the event that liability insurance held by the operator fails to respond to any claim and a claim is subsequently brought against the insured as a result of any activity of the operator under a service provided to the insured, this policy shall indemnify the insured provided such claim falls within the indemnity provided by the terms and conditions of this policy and the insured shall be subject to an excess of GBP1,500. No indemnity under this insurance shall be provided to the operator.

Contingency cover. In the event that liability insurance held by the operator fails to respond to any claim and a claim is subsequently brought against the insured as a result of any activity of the operator under a service provided to the insured, this policy shall indemnify the insured provided such claim falls within the indemnity provided by the terms and conditions of this policy and the insured shall be subject to an excess of GBP1,500EUR1,500. No indemnity under this insurance shall be provided to the operator.