Insurer’s Obligations Clause Samples

The 'Insurer’s Obligations' clause defines the specific duties and responsibilities that the insurance provider must fulfill under the policy. Typically, this includes the timely payment of valid claims, provision of coverage as outlined in the policy, and the duty to defend or indemnify the insured against covered risks. For example, the insurer may be required to investigate claims promptly and communicate decisions regarding coverage or denial. This clause ensures that the insured party can rely on the insurer to perform as promised, thereby providing financial protection and certainty in the event of a covered loss.
Insurer’s Obligations. Insurer shall be bound only by the provisions of the Policy, and any payments made or action taken by it in accordance therewith shall fully discharge it from all claims, suits and demands of all persons whatsoever. Insurer shall in no way be bound by, or be deemed to have notice of, the provisions of this Agreement.
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Insurer’s Obligations. The Insurer shall mandatorily complete the following activities before the start of policy in the State: a. Ensure signed PSA is in place for all EHCPs, b. Offices as mentioned in Clause 20.1 are set up and functional c. Ensuring availability of Policy number for the Policy for State that is issued by the Insurer d. Ensuring that contact details of the HR appointed by the Insurer specific to the scheme are provided to SHA before the commencement of each Policy Cover Period.
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Insurer’s Obligations. The Insurer shall mandatorily complete the following activities before the start of policy in the State: a. Sign contract with the empanelled hospitals b. Offices as mentioned in Clause 21.1 are set up and functional c. Ensuring availability of Policy number for the Policy for State that is issued by the Insurer d. Ensuring that contact details of the District Coordinator of the Insurer, and the nodal officer of the other service providers appointed by the Insurer are provided to SHA before the commencement of each Policy Cover Period
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Insurer’s Obligations. The Insurer shall- appoint and provide SARS with the full contact details of an accounts manager, who will, amongst other things, act as central point of contact between SARS and the Insurer. The Insurer must advise SARS of the nominee’s details in writing. execute the Services as contemplated in RFP, the Policies and Applicable Laws; within 30 (thirty) days from the Effective Date, train SARS officials designated in terms of clause 5.1.3 above on the claims processes, procedures and any other necessary information; create an email address to be used specifically for claims and advise SARS of the same; with the concurrence of SARS and subject to confidentiality measures prescribed through Applicable Laws, create a secure link platform whereupon the SARS member data and other sensitive information may be shared by the Parties.
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Insurer’s Obligations. The Insurer shall- appoint and provide SARS with the full details of a contact person, who will, amongst other things, act as central point of contact between SARS and the Insurer. The Insurer must on Effective Date advise SARS of the nominee’s details in writing. execute the Services as contemplated in the RFP, the Policies and Applicable Law; as and when required, train SARS officials designated in terms of clause 7.1.2 above on the claims processes, procedures and any other necessary subject; create an email address to be used specifically for SARS claims; with the concurrence of SARS and subject to confidentiality measures prescribed through Applicable Law, create a secure link platform whereupon the SARS member data and other sensitive information may be shared by the Parties; provide SARS with automated written notification of: receipt of claims from SARS; and the outcome of the claims submitted by SARS within the time frames contemplated in the RFP. The acknowledgement of receipt of claims and outcomes shall be sent to both the SARS representative and the relevant SARS Employee Services (HR) representative.
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Insurer’s Obligations. The Insurer undertakes, in the case of a labour accident covered by this Policy, to make the payments inherent in the liability assumed in the terms of Art. 2 of this contract.
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Insurer’s Obligations. No insurance company shall be required to make cognizance of this agreement, and payment by any such company in accordance with its policy contract shall be a complete discharge from the claims, suits and demands of all parties whatsoever.
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Insurer’s Obligations. The Insurer is not a party to this Agreement. It is understood by the parties hereto that in issuing such Policy of insurance, the Insurer shall have no liability except as set forth in the Policy and except as set forth in any assignment of the Policy filed at its Home Office. Except as set forth in Sections 13 and 14, the Insurer shall not be bound to inquire into, or take notice of, any of the covenants herein contained as to the Policy of insurance or as to application of proceeds of such Policy. Upon the death of the Employee and payment of the proceeds in accordance with Sections 13 and 14 of this Agreement, the Insurer shall be discharged from all liability.
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Related to Insurer’s Obligations

  • Owner’s Obligations 5.1 The Owners shall pay all sums due to the Managers punctually in accordance with the terms of this Agreement. 5.2 Where the Managers are providing Technical Management in accordance with sub-clause 3.2, the Owners shall: (i) procure that all officers and ratings supplied by them or on their behalf comply with the requirements of STCW 95; (ii) instruct such officers and ratings to obey all reasonable orders of the Managers in connection with the operation of the Managers’ safety management system. 5.3 Where the Managers are not providing Technical Management in accordance with sub-clause 3.2, the Owners shall procure that the requirements of the law of the flag of the Vessel are satisfied and that they, or such other entity as may be appointed by them and identified to the Managers, shall be deemed to be the “Company” as defined by the ISM Code assuming the responsibility for the operation of the Vessel and taking over the duties and responsibilities imposed by the ISM Code when applicable.

  • Developer’s Obligations 7.1.1 In consideration of the Rights hereby granted, the Developer shall pay to the Authority an annual fee of Rs. /- (Rupees only) (“Fee”) commencing from the 1st (first) anniversary of Appointed Date. The Fee is exclusive of GST and all other applicable taxes and shall be payable by the Developer at actual over and above the Fee. The Fee is payable to the Authority on or before 30 (thirty) days prior to the start of every year in advance as set out in Schedule 1 throughout the Agreement Period. During the Agreement Period the Fee shall be increased by 5% (five percent) every year over the previous year’s Fee on compounded basis. 7.1.2 The Developer should pay the Fee to the Authority notwithstanding the fact that, the development of Project Facilities is not completed within the specified period or Developer does not start the commercial operation of the Project. In other words, the Developer shall not be entitled to seek any reduction of Fee, claim, damages, compensation or any other consideration from the Authority on account of any reason. 7.1.3 Any delay in payment of the Fee shall attract an interest for the delayed period at the rate of SBI PLR plus 5% per annum on the outstanding amount, which shall be due from the date of such payment till the amount is realized by the Authority. In addition to the foregoing, any delay in payment of Fee beyond a period of 60 (sixty) days from the due date of such payment will be construed to be Material Breach under this Agreement.

  • Customer’s Obligations 8.1 The Customer shall: (a) ensure that the terms of the Order and (if submitted by the Customer) the Goods Specification are complete and accurate; (b) co-operate with the Supplier in all matters relating to the Services; (c) provide the Supplier, its employees, agents, consultants and subcontractors, with access to the Customer's premises, office accommodation and other facilities as reasonably required by the Supplier to provide the Services; (d) provide the Supplier with such information and materials as the Supplier may reasonably require to supply the Services, and ensure that such information is accurate in all material respects; (e) obtain and maintain all necessary licences, permissions and consents which may be required for the Services before the date on which the Services are to start; (f) keep and maintain all materials, equipment, documents and other property of the Supplier (Supplier Materials) at the Customer's premises in safe custody at its own risk, maintain the Supplier Materials in good condition until returned to the Supplier, and not dispose of or use the Supplier Materials other than in accordance with the Supplier's written instructions or authorisation; and 8.2 If the Supplier's performance of any of its obligations in respect of the Services is prevented or delayed by any act or omission by the Customer or failure by the Customer to perform any relevant obligation (Customer Default): (a) the Supplier shall without limiting its other rights or remedies have the right to suspend performance of the Services until the Customer remedies the Customer Default, and to rely on the Customer Default to relieve it from the performance of any of its obligations to the extent the Customer Default prevents or delays the Supplier's performance of any of its obligations; (b) the Supplier shall not be liable for any costs or losses sustained or incurred by the Customer arising directly or indirectly from the Supplier's failure or delay to perform any of its obligations as set out in this clause 8.2; and (c) the Customer shall reimburse the Supplier on written demand for any costs or losses sustained or incurred by the Supplier arising directly or indirectly from the Customer Default.