Description of Policy Sample Clauses

The "Description of Policy" clause defines the key features, coverage, and terms of the insurance policy being issued. It typically outlines what is covered, the limits of coverage, any deductibles, and the period of insurance, providing a clear summary of the policy's scope. This clause ensures that both the insurer and the insured have a mutual understanding of the policy's essential details, reducing the risk of disputes or misunderstandings about what is and is not covered.
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Description of Policy. The life insurance policy described in and --------------------- subject to the terms of this Agreement is that certain life insurance policy No.______ (the "Policy") issued by Massachusetts Mutual Life Insurance Company (the "Insurer") insuring the Executive.
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Description of Policy. We agree to indemnify You against a Loss of Funds up to the limit stated in the Policy Schedule which incurred due to an Insured Event as specified in this document which results in a Loss of Funds.
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Description of Policy. In furtherance of the purposes of the Agreement, the Policyholder will purchase and own a certain policy of life insurance on the life of the Employee, being Policy No._________ issued by the Metropolitan Life
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Description of Policy. The life insurance policy described in and subject to the terms of this Agreement is that certain Policy attached hereto and made a part hereof as Exhibit A.
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Description of Policy. In furtherance of the purposes of the Agreement, the Policyholder will purchase and own two certain policies of life insurance on the life of the Employee, being Policy No. ____________ issued by the Metropolitan Life Insurance Company, and Policy No. ____________ issued by the Pacific Life Insurance Company. Said policies are hereinafter collectively referred to as the "Policy" and said life insurance companies are hereinafter collectively referred to as the "Insurer". The Policyholder's ownership shall be subject to all the terms and conditions set forth in this Agreement.
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Description of Policy. In exchange for the agreed Premium, subject to the terms and conditions of this Policy, as defined in your schedule. The cover amount is dependent on the cover plan selected, per Unauthorised Transfer of Funds Event, for the losses incurred due to unauthorised fund transfers as a result of a Stolen Identity Event.
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Related to Description of Policy

  • Form of Policies The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates and any other party the Landlord so specifies, as an additional insured, as applicable, including Landlord’s managing agent, if any; (ii) cover the liability assumed by Tenant under this Lease; (iii) be issued by an insurance company having a rating of not less than A:VIII in Best’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of North Carolina; (iv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (vi) provide that said insurer shall endeavor to provide written notice to Landlord and any mortgagee of Landlord, to the extent such names are furnished to Tenant prior to the cancellation of such policy. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the earlier to occur of (A) the Lease Commencement Date, and (B) the date upon which Tenant is first provided access to the Premises, and at least ten (10) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate within ten (10) days after written notice from Landlord, Landlord may, at its option (upon notice to Tenant), procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within five (5) days after delivery to Tenant of bills therefor.

  • Application of Policy The policy is to apply to everyone on site without distinction.

  • Statement of Policy The Employer shall issue and make available to the Union a statement of policy in respect to leaves of absence and any other assistance which it may make available to Employees who desire to seek leave for educational purposes.

  • Dissemination of Policy All members of the contractor's staff who are authorized to hire, supervise, promote, and discharge employees, or who recommend such action, or who are substantially involved in such action, will be made fully cognizant of, and will implement, the contractor's EEO policy and contractual responsibilities to provide EEO in each grade and classification of employment. To ensure that the above agreement will be met, the following actions will be taken as a minimum: a. Periodic meetings of supervisory and personnel office employees will be conducted before the start of work and then not less often than once every six months, at which time the contractor's EEO policy and its implementation will be reviewed and explained. The meetings will be conducted by the EEO Officer. b. All new supervisory or personnel office employees will be given a thorough indoctrination by the EEO Officer, covering all major aspects of the contractor's EEO obligations within thirty days following their reporting for duty with the contractor. c. All personnel who are engaged in direct recruitment for the project will be instructed by the EEO Officer in the contractor's procedures for locating and hiring minorities and women. d. Notices and posters setting forth the contractor's EEO policy will be placed in areas readily accessible to employees, applicants for employment and potential employees. e. The contractor's EEO policy and the procedures to implement such policy will be brought to the attention of employees by means of meetings, employee handbooks, or other appropriate means.

  • Introduction and Statement of Policy The National Institutes of Health (NIH) has established NIH-designated data repositories (e.g., database of Genotypes and Phenotypes (dbGaP), Sequence Read Archive (SRA), NIH Established Trusted Partnerships) for securely storing and sharing controlled-access human data submitted to NIH under the NIH Genomic Data Sharing (GDS)