Daily Indemnity definition

Daily Indemnity means one-thirtieth of one percent (1/30 of 1%) of the Insured Person's Principal Sum, subject to a maximum monthly indemnity of two thousand and five hundred dollars ($2,500).
Sample 1Sample 2Sample 3
Daily Indemnity means one-thirtieth of one percent (1/30 of 1%) of the Insured Person's Principal Sum, subject to a maximum monthly indemnity of two thousand and five hundred dollars ($2,500). The amount payable under this section will be co-ordinated with any amount which is paid or payable for a same or similar benefit provided under any other contracts issued to the Policyholder by the Insurer.
Sample 1

Examples of Daily Indemnity in a sentence

  • Over 1,500 participants engaged in discussions on strategies to create enabling environments for women and girls to enter STEM fields and the IP system.

  • Our liability under this Optional Benefit will not exceed the maximum Daily Indemnity specified in the Schedule for the applicable Period of Indemnity any one loss or series of losses caused by the insured Event, and in the aggregate for all Occurrences during the Period of Insurance, subject to reinstatement of these amounts as outlined below.

  • Our liability under this Optional Benefit will not exceed the maximum Daily Indemnity specified in the Schedule for the applicable Period of Indemnity any one loss or series of losses caused by the insured Event, and in the aggregate for all Occurrences during the Period of Insurance, subject to reinstatement of these amounts as outlined below.

  • Daily Indemnity Benefit During Confinement in a Hospital’s Intensive Care UnitWe will pay the Daily Indemnity Benefit shown in the Schedule of Benefits for each day a Covered Person is Confined in a Hospital’s Intensive Care Unit (ICU) as a result of a covered Injury or Sickness.

  • In turn, the 2030 Agenda promotes the active participation of civil society organizations (CSOs) in meeting the goals, and establishes various mechanisms for participation, both at the national and international levels.ID distributed these 17 SDGs among the institutional priorities of its research agenda, dividing the specific topics among the five units that make up the organization.

  • I (we) also understand: (i) there is an additional premium for Global Daily Indemnity, (ii) that in the event this Application is not accepted, the premium will be returned to me (us) and neither party will have any obligation, right or liability under the plan, (iii) that the death benefit will be determined by my (our) age at the time of my (our) death, and (iv) that the Global Personal Accident Plan and Global Daily Indemnity are issued in England and are governed by the Laws of England and Wales.

  • The number of Extreme days will be compared to the index trigger.ƒ For each Extreme day from and above the Index trigger, the Insured will receive the Daily Indemnity.

  • Please indicate the name of each family member applying for Global Personal Accident Plan and/or Global Daily Indemnity.

  • Deductible: One deductible for sections A, B & E and 1 day’s Agreed Daily Indemnity seperately for C & D.

  • After the initial three-day hospitalisation for which no cover is provided and on the condition that the claim is approved, EuroLife pays the Hospital Daily Indemnity Benefit irrespective of the actual expenses incurred.

Related to Daily Indemnity

  • Limit of Indemnity means the amount stated in the Schedule pursuant to Clause 5 of this Policy.

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Holder Indemnified Parties has the meaning set forth in Section 7(a).

  • Funding Indemnity Letter means a funding indemnity letter, substantially in the form of Exhibit N.

  • Primary Indemnitor means any Person (other than the Assuming Institution or any of its Affiliates) who is obligated to indemnify or insure, or otherwise make payments (including payments on account of claims made against) to or on behalf of any Person in connection with the claims covered under Article XII, including without limitation any insurer issuing any directors and officers liability policy or any Person issuing a financial institution bond or banker's blanket bond.

  • Holder Indemnified Party is defined in Section 4.1.

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Letter of Credit Indemnified Costs has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Servicer Indemnified Party As defined in Section 8.05(c) of this Agreement.

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, sponsors, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, letters, the Debtors’ respective memoranda, articles or certificates of incorporation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Lender Indemnitees shall have the meaning set forth in Section 11.13(b).

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

  • Purchaser Indemnified Party shall have the meaning set forth in Section 9.1(a).

  • Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a).

  • Holder Indemnified Persons means, with respect to each Holder, such Holder and its Affiliates and directors, officers, partners, employees, agents, representatives and control persons, entitled to indemnification by the Fund under Section 7 of this Agreement.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • Agent Indemnitees means each Agent and its officers, directors, employees, Affiliates, agents and attorneys.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.