Removed Policies Sample Clauses
The "Removed Policies" clause defines the process and implications when certain insurance policies are taken out of a broader insurance program or agreement. Typically, this clause outlines the conditions under which a policy may be removed, such as non-renewal, cancellation, or replacement, and details the responsibilities of the parties regarding notification, premium adjustments, or continued coverage. Its core practical function is to ensure clarity and manage expectations by specifying how changes to the insurance portfolio are handled, thereby reducing disputes and maintaining proper risk management.
Removed Policies. Notwithstanding any breach of this Agreement, the Insurer shall remain responsible for Removed Policies unless and until a judicial determination is rendered relieving, altering or limiting Insurer’s responsibility.