Inability to Rate Clause Samples

The 'Inability to Rate' clause defines what happens if an insurer is unable to provide a premium rate for a particular risk or coverage. Typically, this clause applies when the insurer cannot determine a rate due to insufficient information, unusual risk factors, or lack of relevant data. For example, if a new type of risk emerges that the insurer has not previously assessed, they may invoke this clause. Its core function is to address situations where standard rating procedures cannot be applied, thereby protecting both parties from entering into an agreement without a clear understanding of the cost or terms of coverage.
Inability to Rate. If ▇▇▇▇▇▇▇ fails to evaluate a teacher, his/her rating will default to his/her most recent summative rating, or a rating of "proficient," or whichever is higher.
Inability to Rate. If the school fails to evaluate a bargaining unit member in accordance with this Article, or has previously failed to evaluate the bargaining unit member his/her rating will default to his/her most recent summative rating, or a rating of “passing”, whichever is higher. This applies to any rating that was issued without conformity to any provisions of this Article. If any of the steps are not followed, the summative is rescinded and the Instructional Staff member gets a “passing” rating. All ratings issued during the previous Agreement shall be considered void and shall not be considered.
Inability to Rate. If Urban Prep fails to evaluate a teacher in accordance with this Article, his/her rating will default to his/her recent summative rating, or a rating of “proficient”, whichever is higher.