Effective Date of Insurance Coverage Sample Clauses

The "Effective Date of Insurance Coverage" clause establishes the specific date when the insurance policy's protections begin. This date may be set as the date the policy is issued, a later agreed-upon date, or upon the occurrence of a particular event, such as payment of the first premium. By clearly defining when coverage starts, this clause ensures that both the insurer and the insured understand from which point claims will be honored, thereby preventing disputes over coverage periods and providing certainty regarding risk protection.
Effective Date of Insurance Coverage. Any increase in coverage or insurance not in effect last year shall become effective not later than thirty (30) days after the signing of the Agreement. This provision shall apply to all prior sections of this Article.
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Effective Date of Insurance Coverage. The insurance plans available through the University's Benefits Program become effective the first of the month following employment, and such coverage will end on the last day of the month in which the termination occurs.
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Effective Date of Insurance Coverage. The insurance plans available through the University's Benefits Program become effective as follows:
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Effective Date of Insurance Coverage. For Owners not currently insured - Date eligible if enrolled within 31 days of the first day of calendar month, above, or the first day of calendar month next following date of approval of insurability by insurance company if enrolled later than 31 days of date eligible. The insurance of an eligible Owner who is away from work due to illness or injury on the date his insurance otherwise would become effective, will become effective on the date he returns to work. For Owners currently insured in Plan III who elect Plan IV - An insured Owner who elects to go from Plan III to Plan IV must not have been away from work due to illness or injury for any one of the seven consecutive scheduled working days immediately prior to the scheduled effective date of Plan IV. An insured Owner who fulfills this requirement on the scheduled effective date of Plan IV is to be insured in Plan IV from such date. Each other insured Owner is to be insured in Plan IV on the date following a period of seven connective scheduled working days during which he has not been away from work due to illness or injury for any one day. A currently insured Owner who elects to remain in Plan III will be required to pass a medical examination satisfactory to the Metropolitan Life Insurance Company at his own expense in order to become insured in Plan IV after the scheduled effective date of Plan IV. His insurance will become effective on the first day of the calendar quarter following the date that the Metropolitan Life Insurance Company shall have approved the results of such medical examination.
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Related to Effective Date of Insurance Coverage

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Insurance Coverages The Consultant shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City: (a) General Liability Insurance (Occurrence Form CG0001 or equivalent). A policy of comprehensive general liability insurance written on a per occurrence basis for bodily injury, personal injury and property damage. The policy of insurance shall be in an amount not less than $1,000,000.00 per occurrence or if a general aggregate limit is used, then the general aggregate limit shall be twice the occurrence limit.

  • Certificate of Insurer – Insurance Coverage Concurrently with any delivery of financial statements under Section 8.01(a), a certificate of insurance coverage from each insurer with respect to the insurance required by Section 8.07, in form and substance satisfactory to the Administrative Agent, and, if requested by the Administrative Agent or any Lender, all copies of the applicable policies.

  • Required Insurance Coverages The Contractor also agrees to purchase insurance and have the authorized agent state on the insurance certificate that the Contractor has purchased the following types of insurance coverages, consistent with the policies and requirements of O.C.G.A. §50-21-37. The minimum required coverages and liability limits are as follows:

  • Required Insurance Coverage As a condition of this Contract with DIR, Vendor shall provide the listed insurance coverage within 5 business days of execution of the Contract if the Vendor is awarded services which require that Vendor’s employees perform work at any Customer premises and/or use employer vehicles to conduct work on behalf of Customers. In addition, when engaged by a Customer to provide services on Customer premises, the Vendor shall, at its own expense, secure and maintain the insurance coverage specified herein, and shall provide proof of such insurance coverage to the related Customer within five (5) business days following the execution of the Purchase Order. Vendor may not begin performance under the Contract and/or a Purchase Order until such proof of insurance coverage is provided to, and approved by, DIR and the Customer. All required insurance must be issued by companies that have an A rating and a Financial Size Category Class of VII from A.M. Best, and are licensed in the State of Texas and authorized to provide the corresponding coverage. The Customer and DIR will be named as Additional Insureds on all required coverage. Required coverage must remain in effect through the term of the Contract and each Purchase Order issued to Vendor there under. The minimum acceptable insurance provisions are as follows: