SRA Indemnity Insurance Rules definition

SRA Indemnity Insurance Rules means the SRA Indemnity Insurance Rules 2013.
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SRA Indemnity Insurance Rules means the SRA Indemnity Insurance Rules 2012. SRA Practice Framework Rules means the SRA Practice Framework Rules 2011. SRA Training Regulations means the SRA Training Regulations 2011.
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Examples of SRA Indemnity Insurance Rules in a sentence

  • The SRA Indemnity Insurance Rules, in force from time to time, require us to take out and maintain Professional Indemnity Insurance with participating insurers.

  • However, if that particular firm is not another firm of solicitors, then you will not be afforded the regulatory protection of the Solicitors Regulation Authority (SRA), the SRA’s Codes of Conduct and SRA Indemnity Insurance Rules, nor shall you be entitled to the benefit of the SRA Compensation Fund.

  • The insurer may bring to the attention of the Society any of the matters referred to in Rule 17.1 (a) to (f) of the SRA Indemnity Insurance Rules, and, in the case of any of the matters referred to in Rule 17.1 (f), to the Office for Legal Complaints (including the Legal Ombudsman), in relation to the insured firm or any insured, and is not required to notify the insured firm or any insured of the fact that it has done so or intends to do so.

  • You must hold a current practising certificate, have professional indemnity insurance that complies with the requirements set out in SRA Indemnity Insurance Rules 2019 and you must not be acting as a “freelance solicitor” as described in Regulation 10.2 of the SRA Standards and Regulations 2019.

  • The firm maintains minimum mandatory professional indemnity insurance with Travelers Insurance Company Limited of 61-63 London Road, Redhill, Surrey, RH1 1NA and the cover extends to all our work in England and Wales in compliance with the SRA Indemnity Insurance Rules.

  • The Board will reject an English legal opinion if, in breach of the SRA Indemnity Insurance Rules and rule 1.8 of the SRA Code of Conduct, the firm giving the opinion tries to limit its liability below the minimum level of cover required by the Solicitors' Indemnity Rules (as at the date of writing this is currently £2 million for partnerships and £3 million for LLPs and other bodies corporate).

  • SRA Indemnity Insurance Rules means the SRA Indemnity Insurance Rules 2013.

  • Schedule 1 The insured firm The insured firm is: 2 Parties This contract is made between the insurer, the insured firm, and each principal of the insured firm (including, where the insured firm is a sole practitioner, any person held out as a partner of that practitioner) and each such principal is jointly and severally liable to the insurer for all sums due to the insurer under this contract in accordance with Rule 10.3 of the SRA Indemnity Insurance Rules.

  • SIIR means the Solicitors' Indemnity Insurance Rules 2000 to 2010, the SRA Indemnity Insurance Rules 2011 to 2012, the SRA Indemnity Insurance Rules or any rules subsequent thereto.

  • Since 1 September 2000, firms have been required to take out insurance in accordance with the Solicitors’ Indemnity Insurance Rules and SRA Indemnity Insurance Rules.

Related to SRA Indemnity Insurance Rules

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Blanket insurance policy means a group policy covering a defined class of

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Property Insurance is defined in Section 6.10(a).

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Reimbursement insurance policy means a policy of insurance

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Insurance Ordinance means the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong).

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • R&W Policy means a representation and warranty insurance policy for the benefit of Buyer obtained in connection with this Agreement on the terms described on Schedule 1.01 of the Buyer Disclosure Schedule.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Casualty insurance means liability insurance.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.