Common use of Right to Be Informed Clause in Contracts

Right to Be Informed. In dealing with Lloyd’s Underwriters, you will be represented by an intermediary, such as a broker acting as your agent, and they may deal with other intermediaries. From the intermediary with whom you deal, you can expect to access clear information about your policy, your coverage, and the claims settlement process. You have the right to an easy-to- understand explanation of how insurance works and how it will meet your needs. You also have a right to know how premiums are calculated based on relevant facts. A policy issued by Lloyd’s Underwriters will expire on the day specified in the policy. If you wish to renew the policy, the intermediary with whom you deal will have to approach the Underwriters participating in it, often through another intermediary. If Lloyd’s Underwriters are given the information they require to determine renewal terms for the policy at least 45 days prior to its expiry, under normal circumstances, they will advise the intermediary who approaches them of any changes to the policy terms at least 30 days prior to the expiration of the policy. Terms may subsequently change if there is a change in material facts prior to the expiration date. Intermediaries may receive payments from Lloyd’s Underwriters in a variety of ways, which may include the payment of commissions. Lloyd's strongly supports the disclosure and transparency of these commission arrangements. You have the right to ask the intermediary with whom you deal for details of how and by whom the intermediary is being paid. Lloyd's Underwriters accept business as members of syndicates each of which is managed by a 'managing agent'. Lloyd's has risk management procedures in place in respect of the relationship between Lloyd's managing agents and any related companies that act as intermediaries. This is to ensure that the managing agent makes proper disclosures of any such arrangements. A policyholder may ask the intermediary whom he is dealing to disclose if it is a related company to a Lloyd's managing agent.

Right to Be Informed. In dealing with Lloyd’s Underwriters, you will be represented by an intermediary, such as a broker acting as your agent, and they may deal with other intermediaries. From the intermediary with whom you deal, you can expect to access clear information about your policy, your coverage, and the claims settlement process. You have the right to an easy-to- understand explanation of how insurance works and how it will meet your needs. You also have a right to know how premiums are calculated based on relevant facts. A policy issued by Lloyd’s Underwriters will expire on the day specified in the policy. If you wish to renew the policy, the intermediary with whom you deal will have to approach the Underwriters participating in it, often through another intermediary. If Lloyd’s Underwriters are given the information they require to determine renewal terms for the policy at least 45 days prior to its expiry, under normal circumstances, they will advise the intermediary who approaches them of any changes to the policy terms at least 30 days prior to the expiration of the policy. Terms may subsequently change if there is a change in material facts prior to the expiration date. Intermediaries may receive payments from Lloyd’s Underwriters in a variety of ways, which may include the payment of commissions. Lloyd's strongly supports the disclosure and transparency of these commission arrangements. You have the right to ask the intermediary with whom you deal for details of how and by whom the intermediary is being paid. Lloyd's Underwriters accept business as members of syndicates each of which is managed by a 'managing agent'. Lloyd's has risk management procedures in place in respect of the relationship between Lloyd's managing agents and any related companies that act as intermediaries. This is to ensure that the managing agent makes proper disclosures of any such arrangements. A policyholder may ask the intermediary whom he is dealing to disclose if it is a related company to a Lloyd's Xxxxx'x managing agent.

Right to Be Informed. In dealing with Lloyd’s Underwriters, you will be represented by an intermediary, such as a broker acting as your agent, and they may deal with other intermediaries. From the intermediary with whom you deal, you can expect to access clear information about your policy, your coverage, coverage and the claims settlement process. You have the right to an easy-to- to-understand explanation of how insurance works and how it will meet your needs. You also have a right to know how premiums are calculated based on relevant facts. A policy issued by Lloyd’s Underwriters will expire on the day specified in the policy. If you wish to renew the policy, the intermediary with whom you deal will have to approach the Underwriters participating in it, often through another intermediary. If Lloyd’s Underwriters are given the information they require to determine renewal terms for the policy at least 45 days prior to its expiry, under normal circumstances, they will advise the intermediary who approaches them of any changes to the policy terms at least 30 days prior to the expiration of the policy. Terms may subsequently change if there is a change in material facts prior to the expiration date. Intermediaries may receive payments from Lloyd’s Underwriters in a variety of ways, which may include the payment of commissions. Lloyd's ’s strongly supports the disclosure and transparency of these commission arrangements. You have the right to ask the intermediary with whom you deal for details of how and by whom the intermediary is being paid. Lloyd's ’s Underwriters accept business as members of syndicates each of which is managed by a '‘managing agent'’. Lloyd's ’s has risk management procedures in place in respect of the relationship between Lloyd's ’s managing agents and any related companies that act as intermediaries. This is to ensure that the managing agent makes proper disclosures of any such arrangements. A policyholder may ask the intermediary with whom he is dealing to disclose if it is a related company to a Lloyd's ’s managing agent. Depending on the jurisdiction, disclosure may be required in writing. Responsibility to Ask Questions and Share Information: To safeguard your right to purchase appropriate coverage at a competitive price, you should ask questions about your policy so that you understand what it covers and what your obligations are under it. You can access information through brochures and websites, as well as through one-on-one meetings with the intermediary with whom you deal. You have the option to shop the marketplace for the combination of coverages and service levels that best suits your insurance needs. To maintain your protection against loss, you must promptly inform your underwriters of any change in your circumstances through the intermediary with whom you deal. The Underwriters with whom renewal is being negotiated must be given information required to determine renewal terms of your policy, via the intermediary whom you are dealing with, at least 45 days prior to the expiration of the policy. Right to Complaint Resolution: Lloyd’s Underwriters are committed to high standards of customer service. If you have a complaint about the service you have received, you have a right to access the Lloyd’s complaint resolution process for Canada. The intermediary with whom you deal can provide you with information about how you can ensure that your complaint is heard and promptly handled. Disputes involving claims settlement matters may be handled by the independent General Insurance OmbudService xxx.xxx-xxxx.xxx where your complaint may be referred to an independent Mediator or Senior Adjudicative Officer.

Right to Be Informed. In dealing with Lloyd’s Underwriters, you will be represented by an intermediary, such as a broker acting as your agent, and they may deal with other intermediariesintermediaries . From the intermediary with whom you deal, you can expect to access clear information about your policy, your coverage, and the claims settlement processprocess . You have the right to an easy-to- understand explanation of how insurance works and how it will meet your needsneeds . You also have a right to know how premiums are calculated based on relevant facts. facts .‌ A policy issued by Lloyd’s Underwriters will expire on the day specified in the policypolicy . If you wish to renew the policy, the intermediary with whom you deal will have to approach the Underwriters participating in it, often through another intermediaryintermediary . If Lloyd’s Underwriters are given the information they require to determine renewal terms for the policy at least 45 days prior to its expiry, under normal circumstances, they will advise the intermediary who approaches them of any changes to the policy terms at least 30 days prior to the expiration of the policypolicy . Terms may subsequently change if there is a change in material facts prior to the expiration datedate . Intermediaries may receive payments from Lloyd’s Underwriters in a variety of ways, which may include the payment of commissionscommissions . Lloyd's ’s strongly supports the disclosure and transparency of these commission arrangementsarrangements . You have the right to ask the intermediary with whom you deal for details of how and by whom the intermediary is being paidpaid . Lloyd's ’s Underwriters accept business as members of syndicates each of which is managed by a '‘managing agent'’ . Lloyd's ’s has risk management procedures in place in respect of the relationship between Lloyd's ’s managing agents and any related companies that act as intermediariesintermediaries . This is to ensure that the managing agent makes proper disclosures of any such arrangementsarrangements . A policyholder may ask the intermediary whom he is dealing to disclose if it is a related company to a Lloyd's ’s managing agentagent . Depending on the jurisdiction, disclosure may be required in writing .

Right to Be Informed. In dealing with Lloyd’s Underwriters, you will be represented by an intermediary, such as a broker acting as your agent, and they may deal with other intermediariesintermediaries . From the intermediary with whom you deal, you can expect to access clear information about your policy, your coverage, and the claims settlement processprocess . You have the right to an easy-to- understand explanation of how insurance works and how it will meet your needsneeds . You also have a right to know how premiums are calculated based on relevant factsfacts . A policy issued by Lloyd’s Underwriters will expire on the day specified in the policypolicy . If you wish to renew the policy, the intermediary with whom you deal will have to approach the Underwriters participating in it, often through another intermediaryintermediary . If Lloyd’s Underwriters are given the information they require to determine renewal terms for the policy at least 45 days prior to its expiry, under normal circumstances, they will advise the intermediary who approaches them of any changes to the policy terms at least 30 days prior to the expiration of the policypolicy . Terms may subsequently change if there is a change in material facts prior to the expiration datedate . Intermediaries may receive payments from Lloyd’s Underwriters in a variety of ways, which may include the payment of commissionscommissions . Lloyd's ’s strongly supports the disclosure and transparency of these commission arrangementsarrangements . You have the right to ask the intermediary with whom you deal for details of how and by whom the intermediary is being paidpaid . Lloyd's ’s Underwriters accept business as members of syndicates each of which is managed by a '‘managing agent'’ . Lloyd's ’s has risk management procedures in place in respect of the relationship between Lloyd's ’s managing agents and any related companies that act as intermediariesintermediaries . This is to ensure that the managing agent makes proper disclosures of any such arrangementsarrangements . A policyholder may ask the intermediary whom he is dealing to disclose if it is a related company to a Lloyd's ’s managing agentagent . Depending on the jurisdiction, disclosure may be required in writing .