Common use of Solvency of insurers Clause in Contracts

Solvency of insurers. We cannot guarantee the solvency of any insurer with which we place business. This means that you may still be liable for any premium due and not be able to recover the premium paid, whether in full or in part, should an insurer become unable to cover its own financial obligations. If you have any concerns regarding any insurer chosen to meet your insurance requirements, you should inform us as soon as possible.

Appears in 63 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement, Terms of Business Agreement

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Solvency of insurers. We cannot guarantee the solvency of any insurer with which we place business. This means that you may still be liable for any premium due and not be able to recover the premium paid, whether in full or in part, should an insurer become unable to cover its own financial obligations. If you have any concerns regarding any insurer chosen to meet your insurance requirements, you should inform us as soon as possibleinsolvent.

Appears in 2 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement

Solvency of insurers. We cannot guarantee the solvency of any insurer with which we place business. This means that you may still be liable for any premium due and may not be able to recover the premium paid, whether in full or in part, should an insurer become unable to cover its own financial obligations. If you have any concerns regarding any insurer chosen to meet your insurance requirements, you should inform us as soon as possible.

Appears in 1 contract

Samples: Terms of Business Agreement

Solvency of insurers. We cannot guarantee the solvency of any insurer Insurer with which we place business. This means that you may still be liable for any premium due and not be able to recover the premium paid, whether in full or in part, should an insurer become unable to cover its own financial obligations. If you have any concerns regarding any insurer chosen to meet your insurance requirements, you should inform us as soon as possibleinsolvent.

Appears in 1 contract

Samples: Terms of Business Agreement

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Solvency of insurers. We cannot guarantee the solvency of any insurer with which we place business. This means that you may still be liable for any premium due and not be able to recover the premium paid, whether in full or in part, should an insurer become unable to cover its own financial obligations. If you have any concerns regarding any insurer chosen chose to meet your insurance requirements, you should inform us as soon as possible.

Appears in 1 contract

Samples: Terms of Business Agreement

Solvency of insurers. We cannot guarantee the solvency of any insurer with which we place business. This means that you may still be liable for any premium due and not be able to recover the premium paid, whether in full or in part, should an insurer become unable to cover its own financial obligations. If obligations - if you have any concerns regarding any insurer chosen to meet your insurance requirements, you should inform us as soon as possible.

Appears in 1 contract

Samples: Terms of Business Agreement

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