indemnity insurance definition

indemnity insurance means insurance against personal liability incurred by any Trustee for an act or omission which is or is alleged to be a breach of trust or breach of duty, unless the Trustee concerned knew that, or was reckless whether, the act or omission was a breach of trust or breach of duty;
indemnity insurance means insurance against personal liability incurred by any Trustee for an act or omission which is or is alleged to be a breach of trust or breach of duty, but subject to the limitations specified in section 73F(2) Charities Act;
indemnity insurance means insurance against personal liability incurred by any

Examples of indemnity insurance in a sentence

  • Protection and Indemnity Insurance (P&I) is required for the operation by the Academy of a Training Ship provided by the Administration on a 365/7 basis.

  • This section does not limit MMT Digital's liability for bodily injury of a person, death, or physical damage to property or for indemnification as stated in Section 14 (Indemnity; Insurance).

  • Both parties shall at all times during the period of this Agreement at their own expense maintain insurance adequate to provide cover in accordance with sound business practice in connection with its obligations under this Agreement (including Professional Indemnity Insurance, Employer’s Liability Insurance and Public Liability Insurance) and shall on request produce evidence of such policies to the other party.

  • Professional Indemnity Insurance Pensionhelp Direct Limited maintains Professional Indemnity Insurance.

  • Renewal Period (clause 1.1) Review each year in March Right to Renew by Xxxxxx Xxxxxx (clause 3.2) Yes Notice of Termination from Manatū Taonga (clause 17.1) The number of Working Days written notice required is 30 Termination by Supplier (clause 17.2) Supplier has a right to termination Key Personnel Category A/B: Email Category C: Email Relationship Manager Insert Professional Indemnity Insurance (clause 19.1) To be specified in individual Statements of Work.


More Definitions of indemnity insurance

indemnity insurance means insurance against personal liability incurred by any director for an act or omission which is alleged to be a breach of company or breach of duty, but subject to any limitations specified in the Charities Act 2011;
indemnity insurance means insurance against personal liability incurred by any Trustee for an act or omission which is or is alleged to be a breach of trust or breach of duty;
indemnity insurance means insurance against the costs of a successful defence to a
indemnity insurance means insurance under which the insurer is obliged to indemnify against loss suffered on the occurrence of an insured event.
indemnity insurance means any supplemental liability insurance policy that
indemnity insurance means insurance against personal liability incurred by any member of the Council for an act or omission which is or is alleged to be a breach of trust or breach of duty in relation to the Company; provided that such insurance shall not extend to any liability where the
indemnity insurance means insurance against personal liability incurred