Insured Person definition
Examples of Insured Person in a sentence
This Extension affords cover for any Claim for a Wrongful Act if such claims are made against the estates, heirs, legal representatives or assigns of a deceased Insured Person or the legal representatives or assigns of an Insured Person.
This Policy shall be construed as a separate Policy covering each Insured Person for his or her own individual interest.
If the Underwriters instruct any lawyer to investigate or defend any claim against any Insured and or Insured Person, the Insured and or Insured Person authorises the lawyer to provide to the Underwriters any documents, information or advice in respect of the Claim, including in relation to indemnity, and the Insured and or Insured Person waives any privilege to the extent necessary to give full effect to the Underwriter’s entitlement in this respect.
If this Extension is shown as Included in Item 5 of the Schedule, the Underwriters agree to indemnify the Insured for any Claims for Wrongful Act, brought against an Insured Person who at the specific request or direction of a Named Insured, acts as an Executive or equivalent thereof of an Outside Entity but only whilst that person is acting in their capacity as such.
Any such person shall be referred to herein as an Outside Position Insured Person.