EXCLUSIONS APPLICABLE TO SECTION Clause Samples

The "Exclusions Applicable to Section" clause defines specific situations, events, or types of losses that are not covered under a particular section of an agreement or insurance policy. In practice, this clause lists out exceptions such as damages resulting from intentional misconduct, pre-existing conditions, or certain high-risk activities, thereby clarifying the boundaries of coverage. Its core function is to clearly delineate the limits of responsibility or protection, preventing misunderstandings and managing the expectations of the parties involved.
EXCLUSIONS APPLICABLE TO SECTION. III (a) The Insured Person’s termination, dismissal, temporary suspension or retrenchment from employment is due to dishonesty or fraud or poor performance on the part of the Insured Person or his willful violation of any rules of the employer or laws for the time being in force or any disciplinary action against the Insured Person by the employer. (b) The Insured Person being self-employed; (c) Any claim relating to unemployment from a job which is casual, temporary, seasonal or contractual in nature or any claim relating to an employee not on the direct rolls of the employer; (d) Unemployment at the time of inception of the Policy Period or arising within first three months of inception of the Policy Period. (e) The Insured Person’s termination, dismissal, temporary suspension or retrenchment from employment within 90 days of the commencement of the Policy Period. (f) Any unemployment from a job under which no salary or any remuneration is provided to the Insured Person. (g) Any suspension from employment on account of any pending enquiry being conducted by the employer/ Public Authority. (h) Any unemployment due to resignation / retirement. (i) Any unemployment due to non-confirmation of employment after or during such period under which the Insured Person was under probation. a. Section I is a mandatory cover. b. Section II and III are optional cover’s, where Section III can only be selected by Salaried Person’s opting for Credit linked policies. c. Section I and Section II (a) shall always have same Sum Insured
View SourceView Similar (6)
EXCLUSIONS APPLICABLE TO SECTION. III (a) The Insured Person’s termination, dismissal, temporary suspension or retrenchment from employment is due to any dishonesty or fraud or poor performance on the part of the Insured Person or his willful violation of any rules of the employer or laws for the time being in force or any disciplinary action against the Insured Person by the employer. (i) The Insured Person being self-employed; (ii) Any claim relating to unemployment from a job which is casual, temporary, seasonal or contractual in nature or any claim relating to an employee not on the direct rolls of the employer; (iii) Any voluntary unemployment; (iv) Unemployment at the time of inception of the Policy Period or arising within first three months of inception of the Policy Period. (b) The Insured Person’s termination, dismissal, temporary suspension or retrenchment from employment within 90 days of the commencement of the Policy Period. (c) Any unemployment from a job under which no salary or any remuneration is provided to the Insured Person. (d) Any suspension from employment on account of any pending enquiry being conducted by the employer/Public Authority. (e) Any unemployment due to resignation, retirement whether voluntary or otherwise. (f) Any unemployment due to non-confirmation of employment after or during such period under which the Insured Person was under probation.
View SourceView Similar (4)
EXCLUSIONS APPLICABLE TO SECTION. A & SECTION B)
View SourceView Similar (2)
EXCLUSIONS APPLICABLE TO SECTION. II We shall not be liable to make any payment under this Policy directly or indirectly for/ caused by/ based upon/ arising out of or howsoever attributable to any of the following: a) The Insured Person is operating or learning to operate any aircraft, or performing duties as a member of the crew on any aircraft, or Scheduled Airlines or is engaging in aviation or ballooning, or whilst the Insured Person is mounting into, or dismounting from or traveling in any balloon or aircraft other than as a passenger (fare paying or otherwise) in any Scheduled Airline anywhere in the world;
View SourceView Similar (2)
EXCLUSIONS APPLICABLE TO SECTION. 1 We shall not be liable for any:
View SourceView Similar (2)
EXCLUSIONS APPLICABLE TO SECTION. 1 ONLY 1. Money, Coins, Bullion, Deeds, Bonds, Securitiesandthelike. 2. Livestock, plants, explosivesandflammables 3. Loss of data records including but not limited to memory sticks, hard drives, CDs, DVDs and the like other than cost of blank data carrying materials 4. Ensuing or indirect losses resulting from or as a consequence of claims made for loss or damage arising from anInsured Peril. 5. Depreciation following repair or restoration of a damaged item 6. Any property which you are not permitted to store under the terms of the Licence Agreement
View Source
EXCLUSIONS APPLICABLE TO SECTION. We will not pay for claims in respect of: 1. Baggage delay not reported immediately upon discovery to the Scheduled Carrier;
View Source

Related to EXCLUSIONS APPLICABLE TO SECTION

  • Provisions Applicable to FMR Fiioc and FSC 1. For the services and facilities to be furnished hereunder, the Adviser shall receive a monthly management fee, payable monthly by each class of the Fund as soon as practicable after the last day of each month, composed of a Basic Fee and a Performance Adjustment. Except as otherwise provided in sub-paragraph (e) of this paragraph 1, the Performance Adjustment is added to or subtracted from the Basic Fee depending on whether the Fund experienced better or worse performance than an appropriate index (the “Index”). The Performance Adjustment is not cumulative. An increased fee will result even though the performance of the Fund over some period of time shorter than the performance period has been behind that of the Index, and, conversely, a reduction in the fee will be made for a month even though the performance of the Fund over some period of time shorter than the performance period has been ahead of that of the Index. The Basic Fee for a class and the Performance Adjustment will be computed as follows:

  • Limitations Applicable to Section 16 Persons Notwithstanding any other provision of the Plan or this Agreement, if Participant is subject to Section 16 of the Exchange Act, the Plan, the Option and this Agreement shall be subject to any additional limitations set forth in any applicable exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the application of such exemptive rule. To the extent permitted by applicable law, this Agreement shall be deemed amended to the extent necessary to conform to such applicable exemptive rule.

  • General Provisions Applicable to Loans Section 6.1 Minimum Amounts for Committed Borrowings, Conversions or Continuations and Prepayments.

  • Provisions Applicable to Certain Agreements The provisions in this section are applicable only to the types of orders specified in the first sentence of each subsection. If this Agreement is not of the type described in the first sentence of a subsection, then that subsection does not apply to the Agreement.