Common use of SUIT OR OTHER ACTION Clause in Contracts

SUIT OR OTHER ACTION. No suit, arbitration, or other action on this policy for the recovery of any claim shall be sustainable in any court of law or equity or any other forum unless all the requirements of this policy have been complied with and unless commenced within twelve (12) months after the inception of the loss. We will pay all sums that the insured becomes legally obligated to pay as damages because of bodily injury or property damage to which this policy applies. This policy applies only to bodily injury or 1. That is caused by an occurrence; and 2. That occurs while this policy is in effect. We have the right and duty to defend any such claim or suit seeking covered damages. We may investigate and settle any claim or suit at our discretion but: 1. The amount we will pay for damages is limited as described in the LIMITS OF INSURANCE section of this policy. 2. Our right and duty to defend ends when we have exhausted the applicable limit of insurance in the payment of judgements or settlements. No other obligation or liability to pay sums or perform acts or services is covered unless explicitly provided under SUPPLEMENTARY PAYMENTS AND ADDITIONAL COVERAGES.

Appears in 2 contracts

Samples: Renter’s Insurance Policy, Renter’s Insurance Policy

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SUIT OR OTHER ACTION. No suit, arbitration, or other action on this policy insurance for the recovery of any claim shall be sustainable in any court of law or equity or any other forum unless all the requirements of this policy insurance have been complied with and unless commenced within twelve (12) months after the inception of the loss. We will pay all sums that the insured becomes legally obligated to pay as damages because of bodily injury or property damage to which this policy insurance applies. This policy insurance applies only to bodily injury or 1. That is caused by an occurrence; and 2. That occurs while this policy certificate is in effect. We have the right and duty to defend any such claim or suit seeking covered damages. We may investigate and settle any claim or suit at our discretion but: 1. The amount we will pay for damages is limited as described in the LIMITS OF INSURANCE section of this policycertificate. 2. Our right and duty to defend ends when we have exhausted the applicable limit of insurance in the payment of judgements or settlements. No other obligation or liability to pay sums or perform acts or services is covered unless explicitly provided under SUPPLEMENTARY PAYMENTS AND ADDITIONAL COVERAGES.

Appears in 1 contract

Samples: Renter’s Insurance

SUIT OR OTHER ACTION. No suit, arbitration, or other action on this policy for the recovery of any claim shall be sustainable in any court of law or equity or any other forum unless all the requirements of this policy have been complied with and unless commenced within twelve (12) months after the inception of the loss. We will pay all sums that the insured becomes legally obligated to pay as damages because of bodily injury or property damage to which this policy applies. This policy applies only to bodily injury or 1. That is caused by an occurrence; and 2. That occurs while this policy is in effect. We have the right and duty to defend any such claim or suit seeking covered damages. We may investigate and settle any claim or suit at our discretion but: 1. The amount we will pay for damages is limited as described in the LIMITS OF INSURANCE section of this policy. 2. Our right and duty to defend ends when we have exhausted the applicable limit of insurance in the payment of judgements judgments or settlements. No other obligation or liability to pay sums or perform acts or services is covered unless explicitly provided under SUPPLEMENTARY PAYMENTS AND ADDITIONAL COVERAGES.

Appears in 1 contract

Samples: Renter’s Insurance Policy

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SUIT OR OTHER ACTION. No suit, arbitration, or other action on this policy insurance for the recovery of any claim shall be sustainable in any court of law or equity or any other forum unless all the requirements of this policy insurance have been complied with and unless commenced within twelve (12) months after the inception of the loss. We will pay all sums that the insured becomes legally obligated to pay as damages because of bodily injury or property damage to which this policy insurance applies. This policy insurance applies only to bodily injury or 1. That is caused by an occurrence; and 2. That occurs while this policy certificate is in effect. We have the right and duty to defend any such claim or suit seeking covered damages. We may investigate and settle any claim or suit at our discretion but: 1. The amount we will pay for damages is limited as described in the LIMITS OF INSURANCE section of this policycertificate. 2. Our right and duty to defend ends when we have exhausted the applicable limit of insurance in the payment of judgements judgments or settlements. No other obligation or liability to pay sums or perform acts or services is covered unless explicitly provided under SUPPLEMENTARY PAYMENTS AND ADDITIONAL COVERAGES.

Appears in 1 contract

Samples: Renter’s Insurance

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