Confirmation of Coverage Clause Samples

The Confirmation of Coverage clause serves to formally acknowledge and document that an insurance policy or similar coverage is in effect for a specified party or entity. Typically, this clause requires the insurer or provider to issue a written statement or certificate confirming the existence and terms of coverage, often including details such as policy limits, effective dates, and any relevant endorsements. Its core practical function is to provide assurance and proof to third parties—such as clients, lenders, or regulatory bodies—that adequate insurance or protection is in place, thereby reducing uncertainty and facilitating compliance or contractual obligations.
Confirmation of Coverage. This policy shall only provide coverage to an insured if they have paid the appropriate premium, and that they have a true and valid e-certificate or validation card confirming the coverage terms.
Confirmation of Coverage. This policy shall only provide coverage to an insured if they have paid the appropriate premium, and that they have a true and valid e-certificate or validation card confirming the coverage terms. A - Public liability Insured £2,000,000 any one occurrence with costs and expenses in addition. Excesses Claim Jurisdiction: Worldwide but excluding North America Territorial Limits: Worldwide but excluding North America
Confirmation of Coverage. (i) where coverage is clear and the expected loss does not exceed $500,000 net, confirm coverage for claims; (ii) where expected loss exceeds $500,000 net, notify and consult with the Royal Insurer Affiliates regarding any coverage confirmation or commitment and promptly deliver to the Royal Insurer Affiliates and, simultaneously therewith, to the broker, agent, insured or insured's counsel, copies of any such coverage confirmation or commitment correspondence; (iii) where coverage is not clear or is disputed, issue a reservation-of-rights letter and provide a copy of such letter to the Royal Insurer Affiliates; (iv) where URC determines that no coverage exists, regardless of the amount of claimed or expected loss, obtain advance authority from the Royal Insurance Affiliates before formally declining coverage and URC shall provide to the Royal Insurance Affiliates and the insured (if not the claimant) a copy of any correspondence formally declining coverage; provided, however, that the Royal Insurer Affiliates shall provide to URC such advance authority no later than ten (10) Business Days following receipt thereof ; and (v) where, in URC's best professional judgment, a coverage dispute exists or any new or novel coverage issue is raised, URC shall consult with the Royal Insurer Affiliates within five (5) days of URC first becoming aware of such dispute or new or novel coverage issue. The resolution of such dispute or such new or novel coverage issue shall be handled by the Royal Insurer Affiliates, although, if requested by the Royal Insurer Affiliates, URC will cooperate and participate fully in the handling of such disputes.

Related to Confirmation of Coverage

  • Certification of Coverage Engineer shall furnish County with a certification of coverage issued by the insurer. Engineer shall not cause any insurance to be canceled nor permit any insurance to lapse. In addition to any other notification requires set forth hereunder, Engineer shall also notify County, within twenty-four (24) hours of receipt, of any notices of expiration, cancellation, non-renewal, or material change in coverage it receives from its insurer.

  • Termination of Coverage This Contract may be terminated as follows:

  • Verification of Coverage Consultant shall furnish City with original certificates of insurance, as well as amendatory endorsements or copies of the applicable policy language effecting coverage required by this Agreement. All documents must be received and approved by the City before any Services commence; provided, however, that failure to obtain the required documents prior to the commencement of Services shall not waive Consultant’s obligation to provide them. The City reserves the right to require complete, certified copies of all required insurance policies, at any time.

  • Duration of Coverage Consultant shall procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the Services hereunder by Consultant, his/her agents, representatives, employees or subconsultants.

  • Continuation of Coverage If your coverage is terminated, you may be eligible to continue your coverage in accordance with state or federal law. In accordance with R.I. General Laws §. 27-19.1, if your employment is terminated due to one of the following reason, your healthcare coverage may be continued, provided that you continue to pay the applicable premiums. • Involuntary layoff or death; • The workplace ceasing to exist; or • Permanent reduction in size of the workforce. The period of this continuation will be for up to eighteen (18) months from your termination date, but not to exceed the period of continuous employment preceding termination with your employer. The continuation period will end for any person covered under your policy on the date the person becomes employed by another group and is eligible for benefits under that group’s plan.