Examples of Selected Carrier in a sentence
However, given the character of Our Services, Our prices cannot include any extra fees charged by the Selected Carrier, or any other third party in connection with the carriage to the Destination.
However, each Selected Carrier providing coverage to PG and/or its membership reserves the right, because of aforesaid automatic non-renewals, to provide renewal quotes with terms, conditions, and exclusions that are different from those of the expiring policies or EOIs. Those terms may include a premium increase of more than 25%.
If PG makes the election for itself and its membership to be treated as a LCR and/or an II, the Selected Carrier providing coverage under an MP may not be required to file its rates or forms in the state in which the MP is issued.
Applicant’s Retail Broker may not hold itself out, nor convey to anyone by any means, nor allude to the fact that it is an agent or employee of an MGU or a Selected Carrier.
No Selected Carrier in the Insurance Programs permits any MGU in the Insurance Programs to “backdate” coverage or cancellations.
The amount of the premium charged shall be within the sole discretion of the MGU; it shall be based upon, but not limited to, such criteria as the exposures to loss presented to a Selected Carrier, the complexity of underwriting that Member’s risk, the Member’s finances and/or capability to pay, and the expected future service needs of the Member.
In most instances Applicant’s Retail Broker receives no compensation for its services from a Selected Carrier or an MGU in the Insurance Programs.
Each MGU shall disclose its total commission and fee structure to PG, including any contingency fees, contingency commissions, or other sources of income which the MGU receives from a Selected Carrier in exchange for placement of PG’s insurance business with that Selected Carrier.
Nothing in this Agreement shall be construed to create a relationship of employer and employee, nor an agency relationship, between Applicant’s Retail Broker and an MGU or a Selected Carrier.
All written statements and supplemental materials furnished to a Selected Carrier in conjunction with an application are hereby incorporated by reference into the application and made a material part thereof.