Your Duties In The Event Of A Loss. 1. Immediately take all possible steps to minimise the loss and protect the Scheduled Vessel from further loss. Failure to do so may invalidate Your insurance coverage or reduce the amount of any claim hereunder. 2. Within 30 days of a loss giving rise to any claim hereunder give Us written notification of the loss and its circumstances, this term is a condition precedent to our liability hereunder. 3. Comply with any reasonable request made of You, by Us with regard to the loss. 4. Advise the Police, Coast Guard, or any appropriate authority of the loss and its circumstances. 5. Give Us an opportunity to examine the damaged property before it is repaired or discarded. 6. Submit a claim form and/or statement describing the loss, together with two estimates of repair cost and/or records to substantiate the amount of the loss. 7. Neither assume obligation, nor admit liability without Our written permission to do so. 8. Immediately forward to Us any legal papers or notices received in connection with the loss. 9. Cooperate with Us in the investigation, defence or settlement of any loss and agree to be examined under oath if We so request. 10. Allow examination by physicians of Our choice. 11. Assist Us in obtaining copies of medical records and reports. 12. Give Us a notarised statement or statutory declaration if We so request. 13. Give Us a proof of loss and discharge of liability once the amount of the claim under this Insuring Agreement has been agreed with You. 14. Preserve any right of recovery from others. When We pay a loss, Your right to recover becomes Ours up to the amount of Our payment together with any legal fees and expenses. You must also co-operate with Us to recover the losses We may pay. Any amounts recovered from others belong to Us up to the amount of Our payment together with any legal fees and expenses.
Appears in 4 contracts
Samples: Commercial Yacht Insuring Agreement, Premier Commercial Yacht Insuring Agreement, Yacht Insuring Agreement
Your Duties In The Event Of A Loss. 1. ) Immediately take all possible steps to minimise the loss and protect the Scheduled Vessel from further loss. Failure to do so may invalidate Your your insurance coverage or reduce the amount of any claim hereunder.
2. ) Within 30 days of a loss giving rise to any claim hereunder give Us us written notification of the loss and its circumstances, this term is a condition precedent to our liability hereunder.
3. ) Comply with any reasonable request made of Youyou, by Us us with regard to the loss.
4. ) Advise the Police, Coast Guard, or any appropriate authority of the loss and its circumstances.
5. ) Give Us us an opportunity to examine the damaged property before it is repaired or discarded.
6. ) Submit a claim form and/or statement describing the loss, together with two estimates of repair cost and/or records to substantiate the amount of the loss.
7. ) Neither assume obligation, nor admit liability without Our our written permission to do so.
8. 8) Immediately forward to Us us any legal papers or notices received in connection with the loss.
9. Cooperate ) Co-operate with Us us in the investigation, defence or settlement of any loss and agree to be examined under oath if We we so request.
10. ) Allow examination by physicians of Our our choice.
11. ) Assist Us us in obtaining copies of medical records and reports.
12. ) Give Us us a notarised statement or statutory declaration if We we so request.
13. ) Give Us us a proof of loss and discharge of liability once the amount of the claim under this Insuring Agreement insuring agreement has been agreed with Youyou.
14. ) Preserve any right of recovery from others. When We we pay a loss, Your your right to recover becomes Ours ours up to the amount of Our our payment together with any legal fees and expenses. You must also co-operate with Us us to recover the losses We we may pay. Any amounts recovered from others belong to Us us up to the amount of Our our payment together with any legal fees and expenses.
Appears in 2 contracts
Samples: Yacht Insurance Agreement, Commercial Yacht Insurance Agreement
Your Duties In The Event Of A Loss. 1. ) Immediately take all possible steps to minimise the loss and protect the Scheduled Vessel from further loss. Failure to do so may invalidate Your your insurance coverage or reduce the amount of any claim hereunder.
2. ) Within 30 days of a loss giving rise to any claim hereunder give Us us written notification of the loss and its circumstances, this term is a condition precedent to our liability hereunder.
3. ) Comply with any reasonable request made of Youyou, by Us us with regard to the loss.
4. ) Advise the Police, Coast Guard, or any appropriate authority of the loss and its circumstances.
5. ) Give Us us an opportunity to examine the damaged property before it is repaired or discarded.
6. ) Submit a claim form and/or statement describing the loss, together with two estimates of repair cost and/or records to substantiate the amount of the loss.
7. ) Neither assume obligation, nor admit liability without Our our written permission to do so.
8. 8) Immediately forward to Us us any legal papers or notices received in connection with the loss.
9. ) Cooperate with Us us in the investigation, defence or settlement of any loss and agree to be examined under oath if We we so request.
10. ) Allow examination by physicians of Our our choice.
11. ) Assist Us us in obtaining copies of medical records and reports.
12. ) Give Us us a notarised statement or statutory declaration if We we so request.
13. ) Give Us us a proof of loss and discharge of liability once the amount of the claim under this Insuring Agreement insuring agreement has been agreed with Youyou.
14. ) Preserve any right of recovery from others. When We we pay a loss, Your your right to recover becomes Ours ours up to the amount of Our our payment together with any legal fees and expenses. You must also co-operate with Us us to recover the losses We we may pay. Any amounts recovered from others belong to Us us up to the amount of Our our payment together with any legal fees and expenses.
Appears in 2 contracts
Samples: Commercial Yacht Insuring Agreement, Commercial Yacht Insuring Agreement
Your Duties In The Event Of A Loss. 1. ) Immediately take all possible steps to minimise the loss and protect the Scheduled Vessel from further loss. Failure to do so may invalidate Your your insurance coverage or reduce the amount of any claim hereunder.
2. ) Within 30 days of a loss giving rise to any claim hereunder give Us us written notification of the loss and its circumstances, this term is a condition precedent to our liability hereunder.
3. ) Comply with any reasonable request made of Youyou, by Us us with regard to the loss.
4. ) Advise the Police, Coast Guard, or any appropriate authority of the loss and its circumstances.
5. ) Give Us us an opportunity to examine the damaged property before it is repaired or discarded.
6. ) Submit a claim form and/or statement describing the loss, together with two estimates of repair cost and/or records to substantiate the amount of the loss.
7. ) Neither assume obligation, nor admit liability without Our our written permission to do so.
8. 8) Immediately forward to Us us any legal papers or notices received in connection with the loss.
9. ) Cooperate with Us us in the investigation, defence or settlement of any loss and agree to be examined under oath if We we so request.
10. ) Allow examination by physicians of Our our choice.
11. ) Assist Us us in obtaining copies of medical records and reports.
12. ) Give Us us a notarised statement or statutory declaration if We we so request.
13. ) Give Us us a proof of loss and discharge of liability once the amount of the claim under this Insuring Agreement insuring agreement has been agreed with Youyou.
14. ) Preserve any right of recovery from others. When We we pay a loss, Your your right to recover becomes Ours ours up to the amount of Our our payment together with any legal fees and expenses. You must also co-operate with Us us to recover the losses We we may pay. Any amounts recovered from others belong to Us us up to the amount of Our our payment together with any legal fees and expenses.
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