Operative Clause Sample Contracts

Operative clause
Operative Clause • November 30th, 2015

In consideration of the payment of the premium by or on behalf of the insured, Old Mutual Insure Limited (hereinafter called "the company") agrees to indemnify or compensate the insured by payment or at the option of the company by replacement, reinstatement or repair in respect of the Defined events occurring during the period of insurance and as otherwise provided under the within sections up to the sums insured, limits of indemnity, compensation and other amounts specified.

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P OLICY
Operative Clause • August 23rd, 2020

This Neon Sign Policy is a legal contract between you the person or your company named in the Schedule and us the ROYAL SUNDARAM GENERAL INSURANCE CO. LIMITED (formerly known as Royal Sundaram Alliance Insurance Company Limited) (referred to as the COMPANY).

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