INSURANCE INDEMNITY AND THE RULE OF CALCULATION Sample Clauses

INSURANCE INDEMNITY AND THE RULE OF CALCULATION. 3.2.1. Under Motor Third Party Liability section, within the Total Limit of Liability indicated in the Insurance Policy for this section, We will indemnify: • Compensation payable to Third Party(ies) by the owner/Authorized Driver of the Insured Vehicle, based on the enforceable court decision, unless the decision against You was made in Your absence and/or by your admission of the liability. • Compensation to Third Party(ies) agreed out-of-court, if payment of compensation amount was agreed with Us in advance and if the Third Party confirms in writing that he/she has no further claims in relation to the Insured Event. • Any court and/or out-of-court expenses agreed with Us in writing in advance, as well as expenses related to investigating Insured Event and estimating the loss, but limited to 20% of the Total Limit of Liability specified for this section. • Any reasonable expenses incurred to save life and/or property of Third Party(ies) or to minimise loss resulting from the Insured Event. # MO 002/21
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INSURANCE INDEMNITY AND THE RULE OF CALCULATION. 4.2.1 Under Motor Personal Accident section, within the total Limit of Liability and Sub-limit per person indicated in the Insurance Policy, and in accordance with the Insurance Agreement and the legislation of Georgia, We will indemnify: • Costs of urgent outpatient treatment and hospitalization, as evidenced by the relevant documentation. • Oficially verified costs of treatment and hospital stay limited to 20% of the Sub-limit per person. # MO 002/21

Related to INSURANCE INDEMNITY AND THE RULE OF CALCULATION

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