Common use of Run-Off Cover Clause in Contracts

Run-Off Cover. In the event that you have permanently ceased or retired from practice as a General Medical Practitioner, this Policy shall automatically be terminated on the date of your permanent cessation of practice or retirement. However upon termination of this Policy you shall be entitled to an extension of coverage granted by this Policy for a period of up-to 72 months but only for any negligent act or omission committed or allegedly committed by you in the provision of Professional Services prior to your permanent cessation of practice or retirement and on or after the Retroactive date. (hereinafter referred to as Extended Reporting Period) Provided always that : - (a) notice of such cessation or retirement is given to us and we have endorsed the same on to the Policy; (b) the Extended Reporting Period shall come to an end as the date that you resume practice as a General Medical Practitioner; (c) the extended reporting period does not extend the Period of insurance or change the scope of cover provided by the Policy or increase the limit of indemnity; (d) your permanent cessation of practice or retirement is not due to the revocation of your authority to practice or prohibition by law.

Run-Off Cover. In the event that you have permanently ceased or retired from practice as a General Medical Practitioner, this Policy shall automatically be terminated on the date of your permanent cessation of practice or retirement. However upon termination of this Policy you shall be entitled to an extension of coverage granted by this Policy for a period of up-to 72 months but only for any negligent act or omission committed or allegedly committed by you in the provision of Professional Services prior to your permanent cessation of practice or retirement and on or after the Retroactive dateDate. (hereinafter referred to as Extended Reporting Period) Provided always that : - (a) notice of such cessation or retirement is given to us and we have endorsed the same on to the Policy; (b) the Extended Reporting Period shall come to an end as the date that you resume practice as a General Medical Practitioner; (c) the extended reporting period does not extend the Period of insurance or change the scope of cover provided by the Policy or increase the limit of indemnity; (d) your permanent cessation of practice or retirement is not due to the revocation of your authority to practice or prohibition by law.

Run-Off Cover. In the event that you have permanently ceased or retired from practice as a General Medical Dental Practitioner, this Policy policy shall automatically be terminated on the date of your permanent cessation of practice or retirement. However upon termination of this Policy policy you shall be entitled to an extension of coverage granted by this Policy policy for a period of up-to 72 months but only for any negligent act or omission committed or allegedly committed by you in the provision of Professional Services prior to your permanent cessation of practice or retirement and on or after the Retroactive retroactive date. (hereinafter referred to as Extended Reporting Period) Provided always that : - (ai) notice of such cessation or retirement is given to us and we have endorsed the same on to the Policypolicy; (bii) the Extended Reporting Period shall come to an end as the date that you resume practice as a General Medical Dental Practitioner; (ciii) the extended reporting period does not extend the Period period of insurance or change the scope of cover provided by the Policy policy or increase the limit of indemnity; (div) your permanent cessation of practice or retirement is not due to the revocation of your authority to practice or prohibition by law.

Run-Off Cover. In the event that you have permanently ceased or retired from practice as a General Medical Practitioner, this Policy policy shall automatically be terminated on the date of your permanent cessation of practice or retirement. However upon termination of this Policy policy you shall be entitled to an extension of coverage granted by this Policy policy for a period of up-to 72 months but only for any negligent act or omission committed or allegedly committed by you in the provision of Professional Services prior to your permanent cessation of practice or retirement and on or after the Retroactive retroactive date. (hereinafter referred to as Extended Reporting Period) Provided always that : - (ai) notice of such cessation or retirement is given to us and we have endorsed the same on to the Policypolicy; (bii) the Extended Reporting Period shall come to an end as the date that you resume practice as a General Medical Practitioner; (ciii) the extended reporting period does not extend the Period period of insurance or change the scope of cover provided by the Policy policy or increase the limit of indemnity; (div) your permanent cessation of practice or retirement is not due to the revocation of your authority to practice or prohibition by law.