Insured Person Claim definition

Insured Person Claim means any:
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Insured Person Claim also means a formal civil, criminal, administrative, or regulatory investigation commenced by the service upon or other receipt by an Insured Person of a written notice from an investigating authority specifically identifying such Insured Person as a target individual against whom formal charges may be commenced.
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Insured Person Claim also means a written request to an Insured Person to toll or waive a statute of limitations regarding a potential Insured Person Claim as described above. Such Claim shall be commenced by the receipt of such request.
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Examples of Insured Person Claim in a sentence

  • Subject to the terms and conditions of this Policy and Liability Coverage Part, coverage is afforded for Loss resulting from any Insured Person Claim against an Insured Person for a Wrongful Act in an Outside Capacity.

  • The Insurer shall pay Loss on behalf of an Insured Entity that such Insured Entity has, to the extent permitted or required by law, indemnified the Insured Persons resulting from an Insured Person Claim first made against the Insured Persons during the Policy Period or Extended Reporting Period, if applicable, for a Wrongful Act by the Insured Persons.

  • The Insurer shall pay Loss on behalf of the Insured Persons resulting from an Insured Person Claim first made against the Insured Persons during the Policy Period or Extended Reporting Period, if applicable, for a Wrongful Act by the Insured Persons, except for Loss that an Insured Entity pays to or on behalf of the Insured Persons as indemnification.

Related to Insured Person Claim

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Covered Person means: (a) any officer, director, shareholder, partner, member, representative, employee or agent of (i) the Trust or (ii) the Trust's Affiliates; and (b) any Holder of Securities.

  • Covered Persons has the meaning set forth in Section 20(a).

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Indemnified Party shall have the meaning set forth in Section 5(c).

  • Indemnified Person has the meaning set forth in Section 11.3.

  • Third Party Claims has the meaning set forth in Section 11.1.