PURPOSE OF INSURANCE. 1.1. With this Contract the Policyholder, completes on its behalf with the Underwriters a Contract for group medical insurance for international travelers temporarily outside their home country while participating in a program sponsored by the Policyholder.
PURPOSE OF INSURANCE. Personal: Survivor income Supplemental retirement income Estate liquidity Final expenses Charitable giving Other Debt/Mortgage protection Asset Repositioning/Wealth Transfer Executive Benefits: Business: SERP/Deferred compensation Executive 162 bonus Buy-Sell/Business continuation Key person Split dollar Other Loan indemnification Other Restrictive bonus
PURPOSE OF INSURANCE. The purpose of the insurance contract is to indemnify damage arisen as a result of an insured event due to loss or destruction of or damage to an insured object and separately specified costs pursuant to these Conditions and the general terms and conditions. INSURED OBJECT 1 An insured object is the following property specified in the insurance policy:
PURPOSE OF INSURANCE. 1 The purpose of liability insurance of real estate insurance is to protect an insured person against a claim filed by an injured party for the indemnifica- tion for damage in accordance with the procedure and to the extent provided for in these terms and conditions.
PURPOSE OF INSURANCE. Primary Purpose of Insurance (must choose one): (Supplemental riders/benefits such as BAR, do not qualify as a Primary Purpose of life insurance.)
PURPOSE OF INSURANCE. 1.1 The purpose of the employer’s liability insurance is to indemnify the damage caused to the third party by the insured person due to an occupational accident or occupational disease as well as the costs for legal assistance and expert assessment incurred by the insured person for combating the claims for indemnification of damage filed against the insured person in accordance with the procedure and within the scope provided by the insurance terms and conditions.
PURPOSE OF INSURANCE. 1.1 The purpose of the product liability insurance is to indemnify the damage incurred by the third party due to a defect of a product manufactured, sold or mediated by the insured person as well as the costs for legal assistance and expert assessment incurred by the insured person for combating the claims for indemnification of damage filed against the insured person in accordance with the procedure and within the scope provided by the insurance terms and conditions.
PURPOSE OF INSURANCE. 1.1 The purpose of the general liability insurance is to indemnify the damage caused to the third party by the insured person as well as the costs for legal assistance and expert assessment incurred by the insured person for combating the claims for indemnification of damage filed against the insured person pursuant to the procedure and within the scope provided by these insurance terms and conditions.
PURPOSE OF INSURANCE. Personal: o Survivor income o Estate liquidity o Supplemental retirement income o Debt/Mortgage protection o Final expenses o Charitable giving o Other Executive Benefits: o SERP/Deferred compensation o Restrictive bonus o Split dollar o Other o Executive 162 bonus Business: o Buy-Sell/Business continuation o Key person o Loan indemnification o Other
PURPOSE OF INSURANCE. The purpose of the insurance is to indemnify for direct material damage arising from a sudden and unforeseen event and separately specified costs pursuant to these Conditions, the General Contractual Terms and Condi tions (ÜL) and the Appraisal and Indemnity Regulations (HH).
