Insolvency of Financial Institution. The Insurance may exclude liability of the Insurer to indemnify an Insured against any Claim arising as a result of the insolvency of a financial institution which holds client money in a Client Account of an Insured or arising from the failure of such financial institution generally to repay monies on demand.
Insolvency of Financial Institution. The insured section excludes liability of the insurer to indemnify all insureds against any claim arising as a result of the insolvency of a financial institution which holds client money in a client account of an insured or arising from the failure of such financial institution generally to repay monies on demand.
