Common use of Rights and Responsibilities of Parties Clause in Contracts

Rights and Responsibilities of Parties. 4.1. The Insured shall: 4.1.1. Strictly follow provisions of this Agreement as well as the insurance policy and dully fulfill obligations stipulated thereby; 4.1.2. Submit all necessary information to the Insurer required to conclude the insurance agreement by filling in application, and indicate all such conditions which are of essential importance for the assessment of danger, whether or not primarily demanded by the application; 4.1.3. Pay insurance premium in fully and in a timely manner; 4.1.4. In case of changes in the data presented by the Insured to Insurer in order to enter into this General Agreement and/or carry out certain insurance (for example: property alienation or change of a beneficiary, insurance risk increase, insured sum increase etc.) send a written notice to the Insurer to that effect at least within 2 (two) business days from the moment of receipt of notice on such amendments; 4.1.5. Call the Insurer’s Call Center specified in the Insurance Policy to report about the insured event, immediately, however not later than 24 hours from the occurrence of the insured event, and send a written notice to the Insurer in connection with the occurrence of the insured event within 2 (two) business days; 4.1.6. Undertake any reasonable possible measures to survive the subject of insurance and to maximally reduce damages; however, without consent of the Insurer in no case shall the Insured recover/repair damaged/destructed property; 4.1.7. Within the scope of its reasonable capabilities and authority keep the situation on the scene of accident till appearance of the Insurer’s representative; 4.1.8. Render assistance to the Insurer and take part in investigation, identification and fair assessment of causes provoking occurrence of the insured event, as well as circumstances of occurrence, results thereof and full volume of loss inflicted and shall not act against the Insurer’s interests; 4.1.9. Xxxxxxxxx inform the Insurer on any record, notice or correspondence received regarding the insured event; 4.1.10. Within the scope of his/her authorities and capabilities, assist the Insurer to exercise the right of subrogation; 4.1.11. Make all reasonable efforts to provide safety to the insured property; 4.1.12. Give full freedom to the Insurer to examine conditions of the insured property at any time at Insurer’s discretion; 4.1.13. Closely meet the requirements of provisions herein and furnish the Insurer with all the information and documents that may serve as a basis for payment of the insurance reimbursement; 4.1.14. Immediately notify competent bodies on the occurrence of the insured event; 4.1.15. Upon the occurrence of the insured event present to the Insurer, documentation listed below: a) Application on insured event in compliance with clause 4.1.5 of Article 4 and a claim for compensation; b) Original official documentation, issued by an appropriate state authorities (certified by an authorized person’s signature and seal) confirming the occurrence of insured event and specifying: place and date of event, cause, person (persons) in charge of the event occurrence, as well as other circumstances as may be important for the case; c) If the insured event is caused by action of the third party and the identity of such person is known, information on such third party must be provided to the Insurer, in particular, full name, address, phone number; d) Documents confirming the bringing of an action of criminal case for the events, caused by the risks insured (except for indicated in articles 2.13; 2.15-2.18 and 2.20.); as well as documents confirming the results of the investigatory activities already carried out; e) Where the insured property is not owned by the Insured (beneficiary) – written notice of the owner on granting to the beneficiary the authority to receive the insurance compensation. 4.2. The Insurer shall: 4.2.1. Provide the Insured with insurance policy confirming the executed insurance and provide the Insured with the application form required for the execution of the insurance; 4.2.2. Receive the Insured’s application on occurrence of insured event for consideration; 4.2.3. Draw up an insurance Act on the insured event; 4.2.4. Pay out the insurance indemnification within 30 (thirty) calendar days upon the signature by the parties of the Insurance Act drawn up on the basis of the receipt of all the documents required for indemnification according to the procedure and terms and conditions provided hereunder and within 2 (two) calendar months upon the signature by the parties of the Insurance Act where the insured event occurs due to theft, robbery, burglary (attempt thereof); malicious damage caused by third party (parties); 4.2.5. Perform the duties herein with due diligence. 4.3. The Insured shall be authorized to: 4.3.1. Request relevant insurance policy confirming the executed insurance; 4.3.2. Upon occurrence of the insured event, take part in the investigation of the causes, extent of damage and any other data in respect of it; 4.3.3. In case of confirming the occurrence of the insured event, request for the Insurer in a manner and in an amount as provided by this Agreement and relevant insurance policy. 4.4. The Insurer shall be authorized to: 4.4.1. Exercise control over the fulfillment of the terms and conditions as well as the requirements of this Agreement and appropriate insurance policy by the Insured; 4.4.2. Terminate this Agreement and suggest the Insured to sign a new agreement with modified terms and conditions therein, if exploitation conditions of the property have been changed; 4.4.3. Unilaterally terminate the Insurance Agreement (policy) and send a written notice to the Insured, if the information and facts specified in the application is inaccurate and/or false; 4.4.4. Send the relevant questions regarding the significant facts for the insurance to competent authorities; 4.4.5. Upon occurrence of the insured event, request any information and documentation defined by this Agreement from the Insured which may be considered by the Insurer as being of importance for the objective assessment of the insured event; 4.4.6. Survey and photograph the property damaged by the event; 4.4.7. Calculate (draw up cost breakdown) the reinstatement/replacement/market value of the damaged/destroyed/lost property; 4.4.8. Request from the Insured to transfer to the Insurer the ownership right for the lost property/destroyed property remaining/damaged property replaced parts; 4.4.9. If after the loss reimbursement it is cleared out that the insured event was caused by a third party’s action, the Insurer is entitled to use the right of subrogation and claim the amount of already paid insurance reimbursement; 4.4.10. To postpone the decision to pay out the insurance indemnification in case when in relation to the fact of occurrence of the insured event the criminal proceedings are instituted against Insured, (Beneficiary) or his/her authorized representative; 4.4.11. Consider the Insurance Agreement complete in the part of the respective property insurance where the insurance compensation is fully paid before the expiration of the insurance period due to complete destroy or loss of the insured property or part thereof; 4.4.12. In case the Insured has the overdue premium payment for the moment of insurance reimbursement, the Insurer has the right to deduct such overdue amount from the reimbursement amount; 4.4.13. Refuse to pay the compensation where the Insured (beneficiary) caused the occurrence of the insured event by gross negligence or deliberately; 4.4.14. Refuse compensation of damages where the Insured fails to fulfill the obligations under this Agreement as well as the Insurance Policy; 4.4.15. Not to pay the amount exceeding the volume of actual loss, even if the sum insured exceeds the insured value for the time of occurrence of the insured event.

Rights and Responsibilities of Parties. ‌ 4.1. The Insured shall:shall:‌ 4.1.1. Strictly follow provisions of this Agreement as well as the insurance policy and dully fulfill obligations stipulated thereby; 4.1.2. Submit all necessary information to the Insurer required to conclude the insurance agreement by filling in application, and indicate all such conditions which are of essential importance for the assessment of danger, whether or not primarily demanded by the application; 4.1.3. Pay insurance premium in fully and in a timely manner; 4.1.4. In case of changes in the data presented by the Insured to Insurer in order to enter into this General Agreement and/or carry out certain insurance (for example: property alienation or change of a beneficiary, insurance risk increase, insured sum increase etc.) send a written notice to the Insurer to that effect at least within 2 (two) business days from the moment of receipt of notice on such amendments; 4.1.5. Call the Insurer’s Call Center specified in the Insurance Policy to report about the insured event, immediately, however not later than 24 hours from the occurrence of the insured event, and send a written notice to the Insurer in connection with the occurrence of the insured event within 2 (two) business days; 4.1.6. Undertake any reasonable possible measures to survive the subject of insurance and to maximally reduce damages; however, without consent of the Insurer in no case shall the Insured recover/repair damaged/destructed property; 4.1.7. Within the scope of its reasonable capabilities and authority keep the situation on the scene of accident till appearance of the Insurer’s representative; 4.1.8. Render assistance to the Insurer and take part in investigation, identification and fair assessment of causes provoking occurrence of the insured event, as well as circumstances of occurrence, results thereof and full volume of loss inflicted and shall not act against the Insurer’s interests; 4.1.9. Xxxxxxxxx inform the Insurer on any record, notice or correspondence received regarding the insured event; 4.1.10. Within the scope of his/her authorities and capabilities, assist the Insurer to exercise the right of subrogation; 4.1.11. Make all reasonable efforts to provide safety to the insured property; 4.1.12. Give full freedom to the Insurer to examine conditions of the insured property at any time at Insurer’s discretion; 4.1.13. Closely meet the requirements of provisions herein and furnish the Insurer with all the information and documents that may serve as a basis for payment of the insurance reimbursement; 4.1.14. Immediately notify competent bodies on the occurrence of the insured event; 4.1.15. Upon the occurrence of the insured event present to the Insurer, documentation listed below: a) Application on insured event in compliance with clause 4.1.5 of Article 4 and a claim for compensation; b) Original official documentation, issued by an appropriate state authorities (certified by an authorized person’s signature and seal) confirming the occurrence of insured event and specifying: place and date of event, cause, person (persons) in charge of the event occurrence, as well as other circumstances as may be important for the case; c) If the insured event is caused by action of the third party and the identity of such person is known, information on such third party must be provided to the Insurer, in particular, full name, address, phone number; d) Documents confirming the bringing of an action of criminal case for the events, caused by the risks insured (except for indicated in articles 2.13; 2.15-2.18 and 2.20.); as well as documents confirming the results of the investigatory activities already carried out; e) Where the insured property is not owned by the Insured (beneficiary) – written notice of the owner on granting to the beneficiary the authority to receive the insurance compensation. 4.2. The Insurer shall:shall:‌ 4.2.1. Provide the Insured with insurance policy confirming the executed insurance and provide the Insured with the application form required for the execution of the insurance; 4.2.2. Receive the Insured’s application on occurrence of insured event for consideration; 4.2.3. Draw up an insurance Act on the insured event; 4.2.4. Pay out the insurance indemnification within 30 (thirty) calendar days upon the signature by the parties of the Insurance Act drawn up on the basis of the receipt of all the documents required for indemnification according to the procedure and terms and conditions provided hereunder and within 2 (two) calendar months upon the signature by the parties of the Insurance Act where the insured event occurs due to theft, robbery, burglary (attempt thereof); malicious damage caused by third party (parties); 4.2.5. Perform the duties herein with due diligence. 4.3. The Insured shall be authorized to:to:‌ 4.3.1. Request relevant insurance policy confirming the executed insurance; 4.3.2. Upon occurrence of the insured event, take part in the investigation of the causes, extent of damage and any other data in respect of it; 4.3.3. In case of confirming the occurrence of the insured event, request for the Insurer in a manner and in an amount as provided by this Agreement and relevant insurance policy. 4.4. The Insurer shall be authorized to:to:‌ 4.4.1. Exercise control over the fulfillment of the terms and conditions as well as the requirements of this Agreement and appropriate insurance policy by the Insured; 4.4.2. Terminate this Agreement and suggest the Insured to sign a new agreement with modified terms and conditions therein, if exploitation conditions of the property have been changed; 4.4.3. Unilaterally terminate the Insurance Agreement (policy) and send a written notice to the Insured, if the information and facts specified in the application is inaccurate and/or false; 4.4.4. Send the relevant questions regarding the significant facts for the insurance to competent authorities; 4.4.5. Upon occurrence of the insured event, request any information and documentation defined by this Agreement from the Insured which may be considered by the Insurer as being of importance for the objective assessment of the insured event; 4.4.6. Survey and photograph the property damaged by the event; 4.4.7. Calculate (draw up cost breakdown) the reinstatement/replacement/market value of the damaged/destroyed/lost property; 4.4.8. Request from the Insured to transfer to the Insurer the ownership right for the lost property/destroyed property remaining/damaged property replaced parts; 4.4.9. If after the loss reimbursement it is cleared out that the insured event was caused by a third party’s action, the Insurer is entitled to use the right of subrogation and claim the amount of already paid insurance reimbursement; 4.4.10. To postpone the decision to pay out the insurance indemnification in case when in relation to the fact of occurrence of the insured event the criminal proceedings are instituted against Insured, (Beneficiary) or his/her authorized representative; 4.4.11. Consider the Insurance Agreement complete in the part of the respective property insurance where the insurance compensation is fully paid before the expiration of the insurance period due to complete destroy or loss of the insured property or part thereof; 4.4.12. In case the Insured has the overdue premium payment for the moment of insurance reimbursement, the Insurer has the right to deduct such overdue amount from the reimbursement amount; 4.4.13. Refuse to pay the compensation where the Insured (beneficiary) caused the occurrence of the insured event by gross negligence or deliberately; 4.4.14. Refuse compensation of damages where the Insured fails to fulfill the obligations under this Agreement as well as the Insurance Policy; 4.4.15. Not to pay the amount exceeding the volume of actual loss, even if the sum insured exceeds the insured value for the time of occurrence of the insured event.

Rights and Responsibilities of Parties. ‌ 4.1. The Insured shall:shall:‌ 4.1.1. Strictly follow provisions of this Agreement as well as the insurance policy and dully fulfill obligations stipulated thereby; 4.1.2. Submit all necessary information to the Insurer required to conclude the insurance agreement by filling in application, and indicate all such conditions which are of essential importance for the assessment of danger, whether or not primarily demanded by the application; 4.1.3. Pay insurance premium in fully and in a timely manner; 4.1.4. In case of changes in the data presented by the Insured to Insurer in order to enter into this General Agreement and/or carry out certain insurance (for example: property alienation or change of a beneficiary, insurance risk increase, insured sum increase etc.) send a written notice to the Insurer to that effect at least within 2 (two) business days from the moment of receipt of notice on such amendments; 4.1.5. Call the Insurer’s Call Center specified in the Insurance Policy to report about the insured event, immediately, however not later than 24 hours from the occurrence of the insured event, and send a written notice to the Insurer in connection with the occurrence of the insured event within 2 (two) business days; 4.1.6. Undertake any reasonable possible measures to survive the subject of insurance and to maximally reduce damages; however, without consent of the Insurer in no case shall the Insured recover/repair damaged/destructed property; 4.1.7. Within the scope of its reasonable capabilities and authority keep the situation on the scene of accident till appearance of the Insurer’s representative; 4.1.8. Render assistance to the Insurer and take part in investigation, identification and fair assessment of causes provoking occurrence of the insured event, as well as circumstances of occurrence, results thereof and full volume of loss inflicted and shall not act against the Insurer’s interests; 4.1.9. Xxxxxxxxx Forthwith inform the Insurer on any record, notice or correspondence received regarding the insured event; 4.1.10. Within the scope of his/her authorities and capabilities, assist the Insurer to exercise the right of subrogation; 4.1.11. Make all reasonable efforts to provide safety to the insured property; 4.1.12. Give full freedom to the Insurer to examine conditions of the insured property at any time at Insurer’s discretion; 4.1.13. Closely meet the requirements of provisions herein and furnish the Insurer with all the information and documents that may serve as a basis for payment of the insurance reimbursement; 4.1.14. Immediately notify competent bodies on the occurrence of the insured event; 4.1.15. Upon the occurrence of the insured event present to the Insurer, documentation listed below: a) Application on insured event in compliance with clause 4.1.5 of Article 4 and a claim for compensation; b) Original official documentation, issued by an appropriate state authorities (certified by an authorized person’s signature and seal) confirming the occurrence of insured event and specifying: place and date of event, cause, person (persons) in charge of the event occurrence, as well as other circumstances as may be important for the case; c) If the insured event is caused by action of the third party and the identity of such person is known, information on such third party must be provided to the Insurer, in particular, full name, address, phone number; d) Documents confirming the bringing of an action of criminal case for the events, caused by the risks insured (except for indicated in articles 2.13; 2.15-2.18 and 2.20.); as well as documents confirming the results of the investigatory activities already carried out; e) Where the insured property is not owned by the Insured (beneficiary) – written notice of the owner on granting to the beneficiary the authority to receive the insurance compensation. 4.2. The Insurer shall:shall:‌ 4.2.1. Provide the Insured with insurance policy confirming the executed insurance and provide the Insured with the application form required for the execution of the insurance; 4.2.2. Receive the Insured’s application on occurrence of insured event for consideration; 4.2.3. Draw up an insurance Act on the insured event; 4.2.4. Pay out the insurance indemnification within 30 (thirty) calendar days upon the signature by the parties of the Insurance Act drawn up on the basis of the receipt of all the documents required for indemnification according to the procedure and terms and conditions provided hereunder and within 2 (two) calendar months upon the signature by the parties of the Insurance Act where the insured event occurs due to theft, robbery, burglary (attempt thereof); malicious damage caused by third party (parties); 4.2.5. Perform the duties herein with due diligence. 4.3. The Insured shall be authorized to:to:‌ 4.3.1. Request relevant insurance policy confirming the executed insurance; 4.3.2. Upon occurrence of the insured event, take part in the investigation of the causes, extent of damage and any other data in respect of it; 4.3.3. In case of confirming the occurrence of the insured event, request for the Insurer in a manner and in an amount as provided by this Agreement and relevant insurance policy.policy.‌ 4.4. The Insurer shall be authorized to: 4.4.1. Exercise control over the fulfillment of the terms and conditions as well as the requirements of this Agreement and appropriate insurance policy by the Insured; 4.4.2. Terminate this Agreement and suggest the Insured to sign a new agreement with modified terms and conditions therein, if exploitation conditions of the property have been changed; 4.4.3. Unilaterally terminate the Insurance Agreement (policy) and send a written notice to the Insured, if the information and facts specified in the application is inaccurate and/or false; 4.4.4. Send the relevant questions regarding the significant facts for the insurance to competent authorities; 4.4.5. Upon occurrence of the insured event, request any information and documentation defined by this Agreement from the Insured which may be considered by the Insurer as being of importance for the objective assessment of the insured event; 4.4.6. Survey and photograph the property damaged by the event; 4.4.7. Calculate (draw up cost breakdown) the reinstatement/replacement/market value of the damaged/destroyed/lost property; 4.4.8. Request from the Insured to transfer to the Insurer the ownership right for the lost property/destroyed property remaining/damaged property replaced parts; 4.4.9. If after the loss reimbursement it is cleared out that the insured event was caused by a third party’s action, the Insurer is entitled to use the right of subrogation and claim the amount of already paid insurance reimbursement; 4.4.10. To postpone the decision to pay out the insurance indemnification in case when in relation to the fact of occurrence of the insured event the criminal proceedings are instituted against Insured, (Beneficiary) or his/her authorized representative; 4.4.11. Consider the Insurance Agreement complete in the part of the respective property insurance where the insurance compensation is fully paid before the expiration of the insurance period due to complete destroy or loss of the insured property or part thereof; 4.4.12. In case the Insured has the overdue premium payment for the moment of insurance reimbursement, the Insurer has the right to deduct such overdue amount from the reimbursement amount; 4.4.13. Refuse to pay the compensation where the Insured (beneficiary) caused the occurrence of the insured event by gross negligence or deliberately; 4.4.14. Refuse compensation of damages where the Insured fails to fulfill the obligations under this Agreement as well as the Insurance Policy; 4.4.15. Not to pay the amount exceeding the volume of actual loss, even if the sum insured exceeds the insured value for the time of occurrence of the insured event.

Rights and Responsibilities of Parties. 4.1. The Insured shall: 4.1.1. Strictly follow provisions of this Agreement as well as the insurance policy and dully fulfill obligations stipulated thereby; 4.1.2. Submit all necessary information to the Insurer required to conclude the insurance agreement by filling in application, and indicate all such conditions which are of essential importance for the assessment of danger, whether or not primarily demanded by the application; 4.1.3. Pay insurance premium in fully and in a timely manner; 4.1.4. In case of changes in the data presented by the Insured to Insurer in order to enter into this General Agreement and/or carry out certain insurance (for example: property alienation or change of a beneficiary, insurance risk increase, insured sum increase etc.) send a written notice to the Insurer to that effect at least within 2 (two) business days from the moment of receipt of notice on such amendments; 4.1.5. Call the Insurer’s Call Center specified in the Insurance Policy to report about the insured event, immediately, however not later than 24 hours from the occurrence of the insured event, and send a written notice to the Insurer in connection with the occurrence of the insured event within 2 (two) business days; 4.1.6. Undertake any reasonable possible measures to survive the subject of insurance and to maximally reduce damages; however, without consent of the Insurer in no case shall the Insured recover/repair damaged/destructed property; 4.1.7. Within the scope of its reasonable capabilities and authority keep the situation on the scene of accident till appearance of the Insurer’s representative; 4.1.8. Render assistance to the Insurer and take part in investigation, identification and fair assessment of causes provoking occurrence of the insured event, as well as circumstances of occurrence, results thereof and full volume of loss inflicted and shall not act against the Insurer’s interests; 4.1.9. Xxxxxxxxx inform the Insurer on any record, notice or correspondence received regarding the insured event; 4.1.10. Within the scope of his/her authorities and capabilities, assist the Insurer to exercise the right of subrogation; 4.1.11. Make all reasonable efforts to provide safety to the insured property; 4.1.12. Give full freedom to the Insurer to examine conditions of the insured property at any time at Insurer’s discretion; 4.1.13. Closely meet the requirements of provisions herein and furnish the Insurer with all the information and documents that may serve as a basis basi s for payment of the insurance reimbursement; 4.1.14. Immediately notify competent bodies on the occurrence of the insured event; 4.1.15. Upon the occurrence of the insured event present to the Insurer, documentation listed below: a) Application on insured event in compliance with clause 4.1.5 of Article 4 and a claim for compensation; b) Original official documentation, issued by an appropriate state authorities (certified by an authorized person’s signature and seal) confirming the occurrence of insured event and specifying: place and date of event, cause, person (persons) in charge of the event occurrenceoccurrenc e, as well as other circumstances as may be important for the case; c) If the insured event is caused by action of the third party and the identity of such person is known, information on such third party must be provided to the Insurer, in particular, full name, address, phone number; d) Documents confirming the bringing of an action of criminal case for the events, caused by the risks insured (except for indicated in articles 2.13; 2.15-2.18 and 2.20.); as well as documents confirming the results of the investigatory activities already carried out; e) Where the insured property is not owned by the Insured (beneficiary) – written notice of the owner on granting to the beneficiary the authority to receive the insurance compensation. 4.2. The Insurer shall: 4.2.1. Provide the Insured with insurance policy confirming the executed insurance and provide the Insured with the application form required for the execution of the insurance; 4.2.2. Receive the Insured’s application on occurrence of insured event for consideration; 4.2.3. Draw up an insurance Act on the insured event; 4.2.4. Pay out the insurance indemnification within 30 (thirty) calendar days upon the signature by the parties of the Insurance Act drawn up on the basis of the receipt of all the documents required for indemnification according to the procedure and terms and conditions provided hereunder and within 2 (two) calendar months upon the signature by the parties of the Insurance Act where the insured event occurs due to theft, robbery, burglary (attempt thereof); malicious damage caused by third party (parties); 4.2.5. Perform the duties herein with due diligence. 4.3. The Insured shall be authorized to: 4.3.1. Request relevant insurance policy confirming the executed insurance; 4.3.2. Upon occurrence of the insured event, take part in the investigation of the causes, extent of damage and any other data in respect of it; 4.3.3. In case of confirming the occurrence of the insured event, request for the Insurer in a manner and in an amount as provided by this Agreement and relevant insurance policy. 4.4. The Insurer shall be authorized to: 4.4.1. Exercise control over the fulfillment of the terms and conditions as well as the requirements of this Agreement and appropriate insurance policy by the Insured; 4.4.2. Terminate this Agreement and suggest the Insured to sign a new agreement with modified terms and conditions therein, if exploitation conditions of the property have been changed; 4.4.3. Unilaterally terminate the Insurance Agreement (policy) and send a written notice to the Insured, if the information and facts specified in the application is inaccurate and/or false; 4.4.4. Send the relevant questions regarding the significant facts for the insurance to competent authorities; 4.4.5. Upon occurrence of the insured event, request any information and documentation defined by this Agreement from the Insured which may be considered by the Insurer as being of importance for the objective assessment of the insured event; 4.4.6. Survey and photograph the property damaged by the event; 4.4.7. Calculate (draw up cost breakdown) the reinstatement/replacement/market value of the damaged/destroyed/lost property; 4.4.8. Request from the Insured to transfer to the Insurer the ownership right for the lost property/destroyed property remaining/damaged property replaced parts; 4.4.9. If after the loss reimbursement it is cleared out that the insured event was caused by a third party’s action, the Insurer is entitled to use the right of subrogation and claim the amount of already paid insurance reimbursement; 4.4.10. To postpone the decision to pay out the insurance indemnification in case when in relation to the fact of occurrence of the insured event the criminal proceedings are instituted against Insured, (Beneficiary) or his/her authorized representative; 4.4.11. Consider the Insurance Agreement complete in the part of the respective property insurance where the insurance compensation is fully paid before the expiration of the insurance period due to complete destroy or loss of the insured property or part thereof; 4.4.12. In case the Insured has the overdue premium payment for the moment of insurance reimbursement, the Insurer has the right to deduct such overdue amount from the reimbursement amount; 4.4.13. Refuse to pay the compensation where the Insured (beneficiary) caused the occurrence of the insured event by gross negligence or deliberately; 4.4.14. Refuse compensation of damages where the Insured fails to fulfill the obligations under this Agreement as well as the Insurance Policy; 4.4.15. Not to pay the amount exceeding the volume of actual loss, even if the sum insured exceeds the insured value for the time of occurrence of the insured event.