Common use of NO RESPONSIBILITY OR GUARANTEE Clause in Contracts

NO RESPONSIBILITY OR GUARANTEE. Producer understands that SYNCHRONOSURE assumes no responsibility toward any policy with regard to the adequacy, amount or form of coverage and agrees to indemnify and hold SYNCHRONOSURE harmless from any claim asserted against SYNCHRONOSURE in following the instructions of the Producer. SYNCHRONOSURE is not an Insurer and does not guarantee the financial condition of the Insurers with whom it may place risks. SYNCHRONOSURE shall have no liability for non-payment of claims due to the insolvency of an Insurer or otherwise under contracts of insurance placed by SYNCHRONOSURE.

NO RESPONSIBILITY OR GUARANTEE. Producer understands that SYNCHRONOSURE assumes no responsibility toward any policy with regard to the adequacy, amount or form of coverage and agrees to indemnify and hold SYNCHRONOSURE harmless from any claim asserted against SYNCHRONOSURE in following the instructions of the Producer. SYNCHRONOSURE is not an Insurer and does not guarantee the financial condition of the Insurers with whom it may place risks. SYNCHRONOSURE shall have no liability for non-payment of claims due to the insolvency of an Insurer or otherwise under contracts of insurance placed by SYNCHRONOSURE.