The Named Insured definition
Examples of The Named Insured in a sentence
The Named Insured shall issue Certificates of Insurance to Insured Members or Insured Firms.
The Named Insured agrees to notify the Company in writing within forty-five (45) days thereafter of any change in the name or address of the Named Insured as stated in Item 1 of the Declarations and of any mergers or acquisitions involving the Named Insured.
The Named Insured may accept said offer forty-five (45) days prior to the subsequent Anniversary.
The Named Insured may accept said offer forty- five (45) days prior to the subsequent Anniversary.
The Named Insured shall act on behalf of all Insureds with respect to giving and receiving notice of cancellation, the payment of Premiums and the receiving of any return premiums that may become due under this POLICY, and the acceptance of any endorsement issued to form a part hereof.
The Named Insured shall act as agent on behalf of all Insureds with respect to all matters under this Policy, including: (a) the giving and receiving of all correspondence regarding this Policy; (b) the giving of notice of any Claim, Circumstance or other matter; (c) the sending or receiving of notice of cancellation; (d) the payment of the premium; and (e) the receipt and acceptance of any endorsements attaching to and forming part of this Policy.
The Named Insured may accept or reject said offer no less than forty-five (45) days prior to the subsequent Anniversary.
The Named Insured will remit Claims summary reports to the Insurer when necessary or upon request.
The Named Insured will have a maximum period of five (5) years from said date of discovery in which the Named Insured or its designate must complete, finalize and close its investigation on any potential Claim and present its proof of loss on behalf of all Claimants.