DESCRIPTION OF COVERAGE definition

DESCRIPTION OF COVERAGE shall have meanings as any settlement or denial by, the Insured Person's personal insurance results of any settlement by the vendor; g.) proof of submission of the
DESCRIPTION OF COVERAGE. Comprehensive Airline Liability Insurance, Contractual Liability, including Aircraft Liability, Passenger , Liability War Risk should the FAA stop carrying it, including both Passengers and Other Third Parties, Cargo Liability and Comprehensive General Liability, including Hangarkeepers, Excess Automobile,Host Liquor Liability, Personal Injury, and Products Liability/Completed Operations coverage. All Risk Physical Damage Hull Coverage
DESCRIPTION OF COVERAGE. This policy covers past, present, and future Directors and Officers for wrongful acts committed or allegedly committed in their capacity as Directors or Officers. “Wrongful Acts” include any error, misstatement, misleading statement, act, omission, neglect, or breach of duty. Additionally, coverage has been extended to provide entity coverage for securities claims. Aggregate Limit of Liability: $10,000,000 Per Loss Deductible: Premium: $2,000,000 Claims other than Securities Claims $2,000,000 Securities Claims $0 Non-Indemnifiable Claims $220,001 Reporting Provisions: This policy is written on a claims-made basis. In order to trigger coverage a claim must be made against the insured during the policy period (or within the extended reporting period, if exercised). As a condition precedent to exercising any right to coverage under this coverage section, the Insured must give to the Company written notice of any Claim as soon as practicable, but in no event later than: (i) The sixtieth day after the end of the Policy Period, if (A) this coverage section is not terminated by the Company for nonpayment of premium and (B) the Extended Reporting Period is not purchased; or (ii) the final day of the Extended Reporting Period, if purchased provided, however, that is this section is terminated for nonpayment of premium, the Insureds shall give to the Company written notice of any Claim before the effective date of such termination Be advised that late reporting may result in a disclaimer of coverage letter from the insurer. Pending or Prior Litigation Date: November 11, 1985 Continuity Date: N/A Territory: Worldwide Policy Form #: 14-02-7303 (Ed. 11/2002)

Examples of DESCRIPTION OF COVERAGE in a sentence

  • DESCRIPTION OF COVERAGE ............................................................................................

  • PLEASE CONSULT YOUR EVIDENCE OF COVERAGE AND DENTAL CONTRACT FOR A DETAILED DESCRIPTION OF COVERAGE BENEFITS AND LIMITATIONS.

  • THE EVIDENCE OF COVERAGE AND PLAN CONTRACT SHOULD BE CONSULTED FOR A DETAILED DESCRIPTION OF COVERAGE BENEFITS AND LIMITATIONS.

  • THE COMBINED EVIDENCE OF COVERAGE AND DISCLOSURE FORM AND THE PLAN CONTRACT SHOULD BE CONSULTED FOR A DETAILED DESCRIPTION OF COVERAGE BENEFITS AND LIMITATIONS.

  • THE ACTUAL PLAN CONTRACT SHOULD BE CONSULTED FOR A DETAILED DESCRIPTION OF COVERAGE BENEFITS AND LIMITATIONS.


More Definitions of DESCRIPTION OF COVERAGE

DESCRIPTION OF COVERAGE. This policy covers persons serving as past, present, or future fiduciary, trustee, director, officer, or employee of the Sponsor Organization or of any Sponsored Plan for wrongful acts committed or allegedly committed in their capacity as aforementioned individuals. “Wrongful Acts” include any breach of the responsibilities or duties imposed upon fiduciaries of the Sponsored Plan as outlined by ERISA; any matter claimed against the Sponsor Organization or Insured person solely relating to service as a fiduciary; or any negligent act, error or omission in the administration of any plan. Limit of Liability: $10,000,000 Per Loss Deductible: Premium: $250,000 per loss for Indemnifiable Claims (Company Reimbursement); $1.5M per loss for SEC Employer Securities Claims $0 for Non-Indemnifiable Claims $160,000 Reporting Provisions: This policy is written on a claims-made basis. In order to trigger coverage a claim must be made against the insured during the policy period (or within the extended reporting period, if exercised). As a condition precedent to exercising any right to coverage under this coverage section, the Insured must give to the Company written notice of any Claim as soon as practicable, but in no event later than the earliest of the following dates: a. sixty days after the date on which any Organization’s chief financial officer, in-house general counsel, risk manager, president, chief executive officer or chair person first becomes aware that the Claim has been made; b. if this coverage section expires (or is otherwise terminated) without being renewed and if no Extended Reporting Period is purchased, sixty days after the effective date of such expiration or termination; or c. the expiration date of the Extended Reporting Period, if purchased. Be advised that late reporting may result in a disclaimer of coverage letter from the insurer. Pending or Prior Litigation Date: November 11, 1985 Continuity Date N/A Territory: Worldwide Policy Form: 14-02-7306 (Ed. 11/2002)
DESCRIPTION OF COVERAGE shall have Person's Account statement; or The Insured Person must a.) protect the Covered Purchase from Roadside Assistance Administrator will not accept responsibility meanings as prescribed therein, except where a Term is b. the actual cost to repair or replace the Covered Purchase with further loss or damage; b.) report any loss to the appropriate for repairs or the availability, delivery or installation of parts. All undefined, in which case, the Term shall have the meaning an item of like kind and quality; or official representatives such as the police and the Administrator parts used and services provided to you by the Roadside prescribed it above in these Terms & Conditions. c. the Maximum Benefit Amount shown in Section II of the within 45 days from the date of theft or damage; c.) complete the Contractor must be authorized and paid for by you. Extended Warranty Insurance Benefits described in this Section Declarations. claim form and return along with legible copies of the Account
DESCRIPTION OF COVERAGE shall have meanings as prescribed Account card. Covered Purchase means personal property, including with the Administrator in the investigation, settlement or handling of Xxxxxx, NJ 07061-1615; and
DESCRIPTION OF COVERAGE. The Closing Protection Coverage indemnifies you against the loss of settlement funds resulting from any of the following acts of the Licensed Agent or anyone acting on behalf of the Licensed Agent, subject to certain conditions and exclusions specified in the Closing Protection Coverage Form:
DESCRIPTION OF COVERAGE shall have meanings as the Account card. Covered Purchase means personal property,
DESCRIPTION OF COVERAGE shall have meanings as prescribed active Account. Cardholder means an individual who is named on the or damage; j.) submit Proof of Loss to the Administrator k.) cooperate States, the District of Columbia, Puerto Rico and Canada. The policy therein, except where a Term is undefined, in which case, the Term Account card. Covered Purchase means personal property, including with the Administrator in the investigation, settlement or handling of of Roadside Assistance Administrator and the respective Roadside shall have the meaning prescribed it above in these Terms. Solely for gift items, not otherwise excluded that is purchased in full by the any claims; l.) permit the Administrator to question the Insured Person Contractors require that you or another authorized person be with the the purposes of this Section V, the following terms will have the Insured Person using the Credit Card or Debit Card issued by the under oath whenever Our investigation deems it necessary. All
DESCRIPTION OF COVERAGE shall have meanings as Accountholder means any individual who is named on an open and documentation of any other personal insurance or a statement that States, the District of Columbia, Puerto Rico and Canada. The policy prescribed therein, except where a Term is undefined, in which case, active Account. Cardholder means an individual who is named on no other insurance exists; i.) provide a third party statement of Roadside Assistance Administrator and the respective Roadside the Term shall have the meaning prescribed it above in these Terms. the Account card. Covered Purchase means personal property, regarding circumstances of the theft or damage; j.) submit Proof of Contractors require that you or another authorized person be with the Solely for the purposes of this Section V, the following terms will including gift items, not otherwise excluded that is purchased in full Loss to the Administrator k.) cooperate with the Administrator in the vehicle in order to receive the service. Please cancel your request for have the meanings so indicated: by the Insured Person using the Credit Card or Debit Card issued by investigation, settlement or handling of any claims; l.) permit the