Common use of Insurer’s rights Clause in Contracts

Insurer’s rights. 3.4.1 The insurer will be under no obligation to investigate any potential claims or to undertake the conduct of any proceedings in connection with such claims and will be at liberty in all cases to leave the conduct of such proceedings wholly to the insured upon such conditions as regards the payment of opponent’s costs and with such liberty to bind the insurer by compromise as the insurer may in its absolute discretion determine. 3.4.2 The insurer may at any time pay the limit of indemnity (after deduction of any sums already paid) or such lesser sum for which the claim can be settled and will relinquish the conduct and control of the claim and be under no further liability.

Appears in 17 contracts

Samples: Insurance Policy, Insurance Policy, Insurance Policy

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Insurer’s rights. 3.4.1 7.4.1 The insurer will be under no obligation to investigate any potential claims or to undertake the conduct of any proceedings in connection with such claims and will be at liberty in all cases to leave the conduct of such proceedings wholly to the insured upon such conditions as regards the payment of opponent’s costs and with such liberty to bind the insurer by compromise as the insurer may in its absolute discretion determine. 3.4.2 7.4.2 The insurer may at any time pay the limit of indemnity (after deduction of any sums already paid) or such lesser sum for which the claim can be settled and will relinquish the conduct and control of the claim and be under no further liability.

Appears in 8 contracts

Samples: Liability Insurance Membership Agreement, Liability Insurance Membership Agreement, Liability Insurance Policy

Insurer’s rights. 3.4.1 6.4.1 The insurer will be under no obligation to investigate any potential claims or to undertake the conduct of any proceedings in connection with such claims and will be at liberty in all cases to leave the conduct of such proceedings wholly to the insured upon such conditions as regards the payment of opponent’s costs and with such liberty to bind the insurer by compromise as the insurer may in its absolute discretion determine. 3.4.2 6.4.2 The insurer may at any time pay the limit of indemnity (after deduction of any sums already paid) or such lesser sum for which the claim can be settled and will relinquish the conduct and control of the claim and be under no further liability.

Appears in 1 contract

Samples: Liability Insurance Membership Agreement

Insurer’s rights. 3.4.1 4.4.1 The insurer will be under no obligation to investigate any potential claims or to undertake the conduct of any proceedings in connection with such claims and will be at liberty in all cases to leave the conduct of such proceedings wholly to the insured upon such conditions as regards the payment of opponent’s costs and with such liberty to bind the insurer by compromise as the insurer may in its absolute discretion determine. 3.4.2 4.4.2 The insurer may at any time pay the limit of indemnity (after deduction of any sums already paid) or such lesser sum for which the claim can be settled and will relinquish the conduct and control of the claim and be under no further liability.

Appears in 1 contract

Samples: Dive Master Sports Diver Insurance Policy

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Insurer’s rights. 3.4.1 7.4.1 The insurer will be under no obligation to investigate any potential claims or to undertake the conduct of any proceedings in connection with such claims and will be at liberty in all cases to leave the conduct of such proceedings wholly to the insured upon such conditions as regards the payment of opponent’s costs and with such liberty to bind the insurer by compromise as the insurer may in its absolute discretion determine. 3.4.2 7.4.2 The insurer may at any time pay the limit of indemnity (after deduction of any sums already paid) or such lesser sum for which the claim can be settled and will relinquish the conduct and control of the claim and be under no further liability.

Appears in 1 contract

Samples: Insurance Policy

Insurer’s rights. 3.4.1 6.5.1 The insurer will be under no obligation to investigate any potential claims or to undertake the conduct of any proceedings in connection with such claims and will be at liberty in all cases to leave the conduct of such proceedings wholly to the insured upon such conditions as regards the payment of opponent’s costs and with such liberty to bind the insurer by compromise as the insurer may in its absolute discretion determine. 3.4.2 6.5.2 The insurer may at any time pay the limit of indemnity or sum insured (after deduction of any sums already paid) or such lesser sum for which the claim can be settled and will relinquish the conduct and control of the claim and be under no further liabilityliability except (where payable under the relevant insured section) for payment of costs and expenses incurred prior to the date of payment.

Appears in 1 contract

Samples: Insurance Policy

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