Financial Injury definition

Financial Injury means all monetary costs, debts, or obligations incurred by a person as a result of another person’s criminal act, including, but not limited to:
Financial Injury means economic injury sustained by a person or organisation because their property, including software, data and other information that is in electronic form cannot be used; or is less useful and it includes only that part of economic injury, which results from Insured’s Product or Insured’s Service, or a part or phase of Insured’s Product or Insured’s Service, that has been accepted. Insured’s Product or Insured’s Service, or a part or phase of Insured’s Product or Insured’s Service, will be deemed accepted only when and only to the extent that such product or service (or such part or phase) has been accepted pursuant to the acceptance criteria in effect at the time of acceptance. But, in no event will such:
Financial Injury means economic damages suffered by a person or organization.

Examples of Financial Injury in a sentence

  • This insurance does not apply to any Financial Injury arising out of or connected directly or indirectly with any bankruptcy, insolvency or other financial impairment of any Insured.

  • This insurance does not apply to any Financial Injury arising out of or caused by the dishonest, deliberate, conscious, criminal, fraudulent or intentional or malicious conduct committed by or with the consent or knowledge of the Insured.

  • This insurance does not apply to any liability arising out of or connected directly or indirectly with Financial Injury intended by the Insured or that would be expected from the standpoint of a reasonable person in the circumstances of the Insured.

  • This insurance does not apply to any actual or alleged Financial Injury arising out of or connected directly or indirectly with any actual, alleged or threatened delay in delivery of or failure to deliver Insured’s Product or part or phase of Insured’s Product.

  • This voluntary excess shall be applicable to Financial Injury claims inclusive of defence cost arising out of any one accident.

  • This insurance does not apply to any liability with respect to Financial Injury occurring prior to the retroactive date as mentioned in the Policy Schedule.

  • This insurance does not apply to any Financial Injury arising out of or connected directly or indirectly with any aircraft product or any missile or spacecraft or aerial devise including any a.

  • This insurance does not apply to any actual or alleged Financial Injury arising out of or connected directly or indirectly with any actual, alleged or threatened decision by any Insured not to provide or support or to cease to provide or support on their product or service provided by them.

  • This insurance does not apply to Financial Injury arising out of or giving rise to or in any way related to any actual or alleged monopolisation, price discrimination, price-fixing, predatory pricing, trade conduct or violation of any law, regulation or statute relating to thereto regardless of whether this insurance would otherwise apply to all or part of any such alleged or actual injury or damage in absence of such actual or alleged conduct or violation.

  • This exclusion does not apply to Financial Injury sustained by a governmental authority resulting from their ownership, maintenance or use of the Insured’s Product or Insured’s Service.


More Definitions of Financial Injury

Financial Injury means economic injury sustained by a person or organization because their property, including software, data and other information that is in electronic form cannot be SBI General Insurance Company Limited, Corporate & Registered Office: Fulcrum Building, 9th Floor, A & B Wing, Sahar Road, Andheri (East), Mumbai - 400099. | CIN: U66000MH2009PLC190546 | Tollfree: 18001021111 | xxxxxxxx.xxxx@xxxxxxxxxx.xx | xxx.xxxxxxxxxx.xx | SBI Logo displayed belongs to State Bank of India and used by SBI General Insurance Company Limited under license. | IRDAI Reg No: 144 | Tech Suraksha, UIN: IRDAN144CP0233V01202223 | SBI General Insurance and SBI are separate legal entities and SBI is working as Corporate Agent of the company for sourcing of insurance products. SBI General Insurance Company Limited used; or is less useful and it includes only that part of economic injury, which results from Insured’s Product or Insured’s Service, or a part or phase of Insured’s Product or Insured’s Service, that has been accepted. Insured’s Product or Insured’s Service, or a part or phase of Insured’s Product or Insured’s Service, will be deemed accepted only when and only to the extent that such product or service (or such part or phase) has been accepted pursuant to the acceptance criteria in effect at the time of acceptance. But, in no event will such:
Financial Injury means economic injury, including that resulting from loss of software, data and other information in electronic form, sustained by a person or organisation in connection with the Insured’s product or the Insured’s service, or a part or phase thereof.
Financial Injury means all monetary costs, debts ….including, but not limited to:
Financial Injury means the reasonable monetary costs, debts, or obligations incurred by a natural person as a result of a criminal act, including, but not limited to:
Financial Injury means economic injury that is not consequent upon Personal Injury or Property Damage, incurred by a third party due to;

Related to Financial Injury

  • Compensable injury means an injury by accident arising out of and in the course of hazardous employment which must be established by medical evidence supported by objective medical findings.

  • Brain injury means clinically evident damage to the brain resulting directly or indirectly from trauma, infection, anoxia, vascular lesions or tumor of the brain, not primarily related to degenerative or aging processes, which temporarily or permanently impairs a person’s physical, cognitive, or behavioral functions. The person must have a diagnosis from the following list:

  • Personal Injury means injury, other than "bodily injury", arising out of one or more of the following offenses:

  • Injury/Injured means a bodily injury caused by an accident occurring while the Insured’s coverage under this Policy is in force and resulting directly and independently of all other causes of Loss covered by this Policy. The injury must be verified by a Physician.

  • Traumatic brain injury means an acquired injury to the brain caused by an external physical force, resulting in total or partial functional disability or psychosocial impairment, or both, that adversely affects a child’s educational performance. Traumatic brain injury applies to open or closed head injuries resulting in impairments in one or more areas, such as cognition; lan- guage; memory; attention; reasoning; abstract thinking; judgment; problem- solving; sensory, perceptual, and motor abilities; psychosocial behavior; phys- ical functions; information processing; and speech. Traumatic brain injury does not apply to brain injuries that are congenital or degenerative, or to brain injuries induced by birth trauma.

  • Financial Impairment means that a carrier is not insolvent and is:

  • Serious injury means a significant overall impairment in the position of a domestic industry;

  • Bodily injury means bodily injury, sickness or disease sustained by a person, including death resulting from any of these at any time.

  • Serious physical injury means physical injury which creates a substantial risk of death or which causes serious and prolonged disfigurement, prolonged impairment of health, or prolonged loss or impairment of the function of any bodily member or organ;

  • Comprehensive resource analysis means an analysis including,

  • Hazardous financial condition means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able:

  • Serious bodily injury means bodily injury which involves a substantial risk of death, extreme physical pain, protracted obvious disfigurement or protracted loss or impairment of the function of a bodily member, organ or mental faculty.

  • Catastrophic injury or illness means a life-threatening injury or illness of an employee or a member of an employee's immediate family that totally incapacitates the employee from work, as verified by a licensed physician, and forces the employee to exhaust all leave time earned by that employee, resulting in the loss of compensation from the state for the employee. Conditions that are short-term in nature, including, but not limited to, common illnesses such as influenza and the measles, and common injuries, are not catastrophic. Chronic illnesses or injuries, such as cancer or major surgery, that result in intermittent absences from work and that are long-term in nature and require long recuperation periods may be considered catastrophic.

  • Financial Contract of a Person means (i) any exchange-traded or over-the-counter futures, forward, swap or option contract or other financial instrument with similar characteristics or (ii) any Rate Management Transaction.

  • Financial Instruments means commodities, securities, and derivatives of all types, including, without limitation, stocks and other equity instruments, bonds and other debt instruments, commodities and futures, forwards, swaps, and options that derive their value from bonds, equities, commodities or indices thereof. EXHIBIT C

  • risk analysis the analysis required under Rule 17f-7(a)(1)(i)(A).