Examples of Prior Policy in a sentence
Subject to the Limitations contained in Section III, the Conditions contained in Section V and the Stipulations contained in Section VI, Prior Insurer hereby indemnifies Current Insurer against loss or damage, including reasonable legal fees, arising from certain Defects listed in Section IV and insured against by the Prior Policy.
You have confirmed the Prior Policy does not expressly take exception for, or expressly provide affirmative coverage in Schedule B-1 or by endorsement over, the potential title defect(s) you want to insure over.
You are not aware of, and the public records do not show, any litigation or foreclosure proceeding arising from the potential title defect(s) since the date of the Prior Policy.
You are issuing a policy with a face amount that is less than the face amount of the Prior Policy, or you have confirmed the potential title defect(s) do not exceed (individually or in the aggregate) the face amount of the Prior Policy.
Replacement of Prior Policy If this group policy replaces an existing policy or contract of another insurance company, the following applies: • When a member is hospitalized on the date this policy becomes effective, Samaritan Health Plans will consider charges with a date of service coinciding with the member’s effective date.