Insurers definition
Examples of Insurers in a sentence
We may also have agreements with Insurers where we obtain brokerage on business where our client pay us a Fee to remunerate us for the work we do on behalf of the Insurer within the insurance transaction for which we are not otherwise sufficiently compensated An example would be the vastly increased cost of regulation.
Insurers have agreed that they will bear this fee as part of their operating costs and not to increase premiums directly payable by Xxxxxx Xxxxxx Xxxxxx’x clients.
Please note in the event of default payments, Insurers/ Product Producers reserve the right to: • instigate cancellation proceedings; and/or • withdraw benefits or cover.
We offer scheme-rated facilities for some products where our preference is to deal with a limited number of Insurers with whom we can develop trading relationships to the advantage of our clients.
Each insurance policy required herein shall be endorsed to state that “coverage shall not be reduced or canceled without 30 days’ prior written notice certain to the County.” Acceptability of Insurers Contractor’s insurance shall be placed with an insurance carrier holding a current A.M. Best & Company’s rating of not less than A:VII unless otherwise acceptable to the County.