VOLUNTARY EXCESS Sample Clauses

VOLUNTARY EXCESS. In the event of the Insured opting, the Policy shall be subject to voluntary excess as mentioned in the Policy Schedule. This voluntary excess shall be applicable to Financial Injury claims inclusive of defence cost arising out of any one accident. The Company's liability shall attach for the claims in excess of such compulsory and voluntary excess.
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VOLUNTARY EXCESS. In the event of the Insured opting the policy shall be subject to a voluntary excess as mentioned in the schedule. This voluntary excess shall be applicable to each and every claim. The Company's liability shall attach for the claim in excess of such compulsory and Voluntary excess.
VOLUNTARY EXCESS. The following discounts on the premium may be allowed for Voluntary Excess opted by the Insured except for policy for Doctors and Medical Practitioners. Voluntary Excess (Percentage of Limit of Indemnity per Discount (%) any one Accident) 7.5 5.0 10 7.5 15 10.0 20 12.5 25 15.0 35 20.0 50 25.0 The Voluntary Excess shall be in addition to the Compulsory Excess and shall be applicable to both property damage claims and/or death/bodily injury claims inclusive of defence costs arising out of any one accident.
VOLUNTARY EXCESS. In the event of the Insured opting, the Policy shall be subject to voluntary excess as mentioned in the Policy Schedule. This voluntary excess shall be applicable to both (a) death/Bodily Injury claims and
VOLUNTARY EXCESS. This is an additional amount by which you chose to increase your excess, in addition to your basic excess. In return for paying a voluntary excess you pay a lower premium as stated in your schedule. You will have to pay this amount together with your basic and / or any compulsory excess before the insurer will settle your claim. c. Compulsory excess: This is an excess imposed by the insurer to increase your excess, in addition to your basic excess and / or any voluntary excess. This is the amount you have to pay before the insurer will settle your claim and you are effectively not insured for the amount of the compulsory excess.

Related to VOLUNTARY EXCESS

  • Voluntary quit 2. Discharge for just cause.

  • Voluntary Exit Option If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions:

  • Voluntary Layoff Appointing authorities will allow an employee in the same job classification and department where layoffs will occur to volunteer to be laid off provided that the employee is in a position requiring the same skills and abilities, as a position subject to layoff. Any volunteer for layoff shall have no formal layoff option. If the appointing authority accepts the employee’s voluntary request for layoff, the employee will submit a non-revocable letter stating they are accepting a voluntary layoff from the University. The employee will be placed on all applicable rehire lists.

  • Voluntary Deductions A. The Employer agrees to deduct from the wages of any employee who is a member of the Union a DRIVE and/or a Teamsters Legal Defense Fund deduction as provided for in a written authorization. Such authorization must be executed by the employee and may be revoked by the employee at any time by giving written notice to both the Employer and the Union. The beginning and/or termination of this deduction will coincide with the payroll cycle. The Employer agrees to remit any deductions made pursuant to this provision to the Union together with a report showing:

  • Voluntary Layoffs Leave of Absence or Reduction in Hours The President, reporting Vice President and/or designee, in consultation with the Associate Vice President for Human Resource Services and/or designee, may impose or authorize alternative actions when the College believes such actions are practical and can be taken without undue disruption to business operations. Such actions may include, but are not limited to, furloughs, reduced work schedules, and leave without pay; and hiring controls.

  • Voluntary Leave A. A tenure teacher may be allowed to take an unpaid voluntary leave for a period not to exceed one (1) year without loss or gain in seniority. Such leave must be in accordance with Article 7-Reduction in Staff.

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