Common use of NOTIFICATION EXTENSION CLAUSE Clause in Contracts

NOTIFICATION EXTENSION CLAUSE. Should the Insured notify the Company during the Period of Insurance in accordance with General Condition 18.1 of any specific event or circumstance which the Insured accept may give rise to a claim or claims which form the subject of indemnity by this Policy then acceptance of such notification means that the Company will deal with any Claims subsequently arising from such circumstance(s) and such claim or claims shall be considered to have been made during the Policy Period or the Extended Reporting Period in which the circumstances were first reported to the Company. The extension granted under this clause will be subject to the claim being made against the Insured within three (3) years from such notice to the Company.

Appears in 3 contracts

Samples: content.sbigeneral.in, content.sbigeneral.in, www.irdai.gov.in

AutoNDA by SimpleDocs

NOTIFICATION EXTENSION CLAUSE. Should the Insured notify the Company during the Period of Insurance in accordance with General Condition 18.1 17.1 of any specific event or circumstance which the Insured accept may give rise to a claim or claims which form the subject of indemnity by this Policy then acceptance of such notification means that the Company will deal with any Claims subsequently arising from such circumstance(s) and such claim or claims shall be considered to have been made during the Policy Period or the Extended Reporting Period in which the circumstances were first reported to the Company. The extension granted under this clause will be subject to the claim being made against the Insured within three (3) years from such notice to the Company.

Appears in 2 contracts

Samples: Errors and Omission Liability Insurance, Errors and Omission Liability Insurance

AutoNDA by SimpleDocs

NOTIFICATION EXTENSION CLAUSE. Should the Insured notify the Company during the Period of Insurance in accordance with General Condition 18.1 21.1 of any specific event or circumstance which the Insured accept may give rise to a claim or claims which form the subject of indemnity by this Policy then acceptance of such notification means that the Company will deal with any Claims subsequently arising from such circumstance(s) and such claim or claims shall be considered to have been made during the Policy Period or the Extended Reporting Period in which the circumstances were first reported to the Company. The extension granted under this clause will be subject to the claim being made against the Insured within three (3) years year from such notice to the Company.

Appears in 1 contract

Samples: Officers Liability Insurance

Time is Money Join Law Insider Premium to draft better contracts faster.