Examples of Prior Acts Date in a sentence
Per Claim/ Annual Aggregate Limit GROUP 2 PREMIUMSGroup 2 Premiums apply to any applicant who does not qualify for Group 1, including if the Prior Acts Date (also known as a Retroactive Date) in question 6 is either:1.
Yes, your Prior Acts Date is the date you first obtained—and continuously maintained— a “claims made” Accounting professional liability policy.
The Abuse Prior Acts Date is:As detailed in Endorsement 03The Insurer will also pay Defence Costs, provided that the Insurer shall not be liable for any fines or penalties imposed as a consequence of any Claim, suit or proceedings.
Termination due to Retirement, Disability or Death Those insured Agents who terminate their contract due to Retirement, Disability or Death will be provided a conditional automatic unlimited ERP to report claims arising out of actual or alleged activities on or after your Prior Acts Date and prior to your Termination Date.
Your Prior Acts Date (also commonly referred to as Retroactive Date) is the date you first became continuously insured, without any interruption, under any Agents Claims Made Errors and Omissions Professional Liability Policy.
No Deductible shall apply to Claims made against the Insured and reported to the Company during the Unlimited Retirement Extended Reporting Period.The Unlimited Retirement Extended Reporting Period applies only if the Claim arises out of a Wrongful Act committed by such Insured on or after such Insured’s Individual Prior Acts Date and prior to the date such Insured retires or otherwise voluntarily ceases, permanently and totally, the Private Practice of Law, and not for Vicarious Liability.
Accountants Professional LiabilityYour Prior Acts Date is the date you first obtained—and continuously maintained— a “claims made” Accounting professional liability policy.
Prior Acts CoverageFinancial Professionals Errors & Omissions LiabilityYour Prior Acts Date is the earlier of your date of affiliation with Avantax or the date you first obtained—and continuously maintained—a “claims made” professional liability policy.
Your Retroactive Date, also referred to as your Prior Acts Date, is the later of: your earliest date of continuously maintained contract with an Advisor Group Broker/Dealer or the Broker/Dealer’s Prior Acts Date.
It is recommended that any replacement policy obtain include prior acts coverage back to your Accountants Professional Liability Prior Acts Date.