Risk Policy definition

Risk Policy means an insurance policy or a guaranty or similar instrument obtained by a Lender from a governmental agency or unit or from another third party (other than the Borrower or any Related Person) designed to mitigate such Lender’s political or commercial risk in connection with its Commitments or Advances.
Risk Policy means any policy issued by the insurer during any year of assessment of that insurer commencing on or after 1 January 2016 under which the benefits payable cannot exceed the amount of premiums receivable, except where the policy benefits are solely payable due to death, disablement, illness or unemployment and excludes a contract of 55
Risk Policy means a policy that provides risk benefits only or that provides primarily risk benefits;

Examples of Risk Policy in a sentence

  • Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear.

  • Rupees 14.1 Insurances: Workmen Compensation, Contractor’s All Risk Policy 15.3 Arbitration:Place of Arbitration: NHA HQ, Islamabad.

  • For renovation projects and or portions of work contained within an existing structure, the Owner waives subrogation for damage by fire to existing building structure(s), if the Builder’s Risk Policy has been endorsed to include coverage for existing building structure(s) in the amount described in the Special Conditions.

  • The criteria described above are detailed in a Risk Policy available on the Management Company’s website at www.amundi.com and may be subject to changes, particularly in the event of exceptional market circumstances.

  • Builder's Risk CoverageThe Contractor shall secure and maintain during the life of this Contract a "Builder's Risk Policy", All Risks Form, and issued on a completed valued basis.


More Definitions of Risk Policy

Risk Policy has the meaning set forth in Section 4.25.
Risk Policy means a policy that provides risk benefits only;
Risk Policy shall have the meaning given to such term in the Agency and Services Agreement.
Risk Policy has the meaning given such term in Section 3.11.
Risk Policy means a policy that provides risk benefits only; Comment [IRFD60]: New definition.
Risk Policy means a policy which provides no surrender value and benefit payable on a specified date or dates.
Risk Policy means an insurance policy or third party guarantee obtained by a Bondholder designed to mitigate such Bondholder’s political or commercial risk in connection with the Bonds owned by such Bondholder.