INSURANCE UNAVAILABILITY Sample Clauses
INSURANCE UNAVAILABILITY. In the event this Agreement includes a charge for credit life or credit disability insurance and for any reason such insurance cannot be provided, the Purchaser(s) shall receive a credit for the amount charged for such insurance. The inability of the Dealer or any assignee of the Dealer to secure such insurance for the Purchaser(s) shall not relieve the Purchaser(s) from the obligation to purchase the vehicle described in this Agreement. Credit life and credit disability insurance are not mandatory.
INSURANCE UNAVAILABILITY. If the Progressive Contractor demonstrates to the Department’s reasonable satisfaction that it has used diligent efforts in the global insurance and reinsurance markets to procure the insurance policy coverages as and when required hereunder, and if despite such diligent efforts and through no fault of the Progressive Contractor any Insurance Unavailability exists or occurs, the Department will consider in good faith alternative insurance packages and programs that provide coverage as comparable to that contemplated in Exhibit I (Insurance Requirements) as is possible under then-existing insurance market conditions.