Common use of VOLUNTARY EXCESS Clause in Contracts

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.

Appears in 5 contracts

Samples: Errors and Omission Liability, Errors and Omission Liability, Errors and Omission Liability

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VOLUNTARY EXCESS. In the event of the Insured opting, the Policy policy shall be subject to a voluntary excess as mentioned in the Policy Scheduleschedule. This voluntary excess shall be applicable to Financial Injury both (a) death/bodily injury claims and (b) property damage claims inclusive of defence cost costs arising out out of any one accident. The Company's liability Liability shall attach for the claims in excess of such compulsory and voluntary excess.

Appears in 1 contract

Samples: Market Agreement

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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 both (a) death/Bodily Injury claims and (b) Property Damage 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.

Appears in 1 contract

Samples: content.sbigeneral.in

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