Policy Renewals Sample Clauses

The Policy Renewals clause outlines the terms and procedures for extending an insurance policy beyond its original expiration date. Typically, it specifies the conditions under which a policyholder may renew coverage, such as timely payment of premiums or compliance with certain requirements, and may detail whether renewal is automatic or requires action by the insured. This clause ensures continuity of coverage and provides clarity on the steps needed to maintain insurance protection, thereby preventing unintentional lapses in coverage.
Policy Renewals. InsureZone shall endeavor to give Producer 90 days’ notice of expiration of any policies of insurance, which Producer, from time to time, procures through InsureZone.
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Policy Renewals. AgentSecure shall endeavor to give Producer 90 days notice of expiration of any policies of insurance, which Producer, from time to time, procures through AgentSecure.
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Policy Renewals. Following receipt of an existing insurance carrier's proposal for renewal of an insurance contract, the Committee shall: (a) examine and analyze the proposal, assessing the completeness, fairness and validity of the proposal; (b) assess the funding methods employed in the insurance policy; (c) assess and monitor the deposit accounts; (d) suggest and discuss alternative proposals and funding methods with the carrier; and (e) make recommendations to the CEC with respect to acceptance of the carrier's renewal proposals, funding methods and deposit account administration. The basis for recommendations for renewal will take into account the level of service provided by the carrier and the expected long term net cost of benefits.
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Policy Renewals. Borrower shall provide proof that policies of insurance required herein expiring, or cancelled, during the term of this Agreement have been renewed or replaced with other policies providing at least the same coverage. Such proof will be furnished at least two weeks prior to the expiration of the coverages, or immediately for any policy being cancelled.
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Policy Renewals. A Following receipt of an existing insurance carrier's proposal for renewal of an insurance contract, the Committee shall: examine and analyzethe proposal, assessingthe completeness,fairness and validity of the proposal; assess the funding methods employed in the insurance policy; assess and monitor the deposit accounts; and discuss alternative proposals and funding methods with the carrier; and make recommendations to the College Compensation and Appointments Council with respect to acceptance of the carrier's renewal proposals,funding methods and deposit account administration. A The Committee will also meet as required to review the financial experience under the plans. The specificationsfor tender will describe the information to be included in the financial statements to be prepared by the insurance These statementswill include paid premiums, paid claims, changes in reserve requirementsfor open and for unreported claims, incurredclaims, the retentionelements of commissions, taxes, administrative expenses, contingency reserve charges and interest credits on claim and other reserves. The Committee shall request the insurance to provide such additional information as may be necessary.
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Policy Renewals. A Following receipt of an existing insurance carrier's proposal for renewal of an insurance contract, the Committee shall: B The basis for recommendations for renewal will take into account the level of service provided by the carrier and the expected long-term net cost of the benefits. Experience Review
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Policy Renewals. Following receipt of an existing insurance carrier's proposal for renewal of an insurance contract, the Committee shall:
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Policy Renewals. Followingreceipt of an existing insurancecarrier’s proposal renewal of an insurance contract, the Committee shall: (a) examine and analyzethe proposal, assessingthe complete- ness, fairness and validity of the proposal: assess the funding methods employed in the insurance policy; assess and monitor the deposit accounts; suggest and discuss alternative proposals and funding methods with the carrier; and
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Policy Renewals. Consultant shall provide proof that policies of insurance required herein expiring, or cancelled, during the term of this Agreement have been renewed or replaced with other policies providing at least the same coverage. Such proof will be furnished at least two weeks prior to the expiration of the coverages, or immediately for any policy being cancelled.
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Related to Policy Renewals

  • Landlord Insurance The Landlord may carry or cause to be carried relevant liability insurance with respect to the Site and/or any activities of the Landlord with respect to the Site in its reasonable business discretion. The Landlord may elect to be self-insured.

  • Tenant Insurance Landlord shall not be liable to Tenant, ▇▇▇▇▇▇’s family or ▇▇▇▇▇▇’s invitees, licensees, and/or guests for damages not proximately caused by Landlord or Landlord’s agents. Landlord will not compensate Tenant or anyone else for damages proximately caused by any other source whatsoever, or by Acts of God, and Tenant is therefore strongly encouraged to independently purchase insurance to protect Tenant, ▇▇▇▇▇▇’s family, ▇▇▇▇▇▇’s invitees, licensees, and/or guests, and all personal property on the leased premises and/or in any common areas from any and all damages.

  • Tenant’s Compliance With Landlord’s Fire and Casualty Insurance Tenant shall, at Tenant’s expense, comply with all insurance company requirements pertaining to the use of the Premises. If Tenant’s conduct or use of the Premises causes any increase in the premium for such insurance policies then Tenant shall reimburse Landlord for any such increase. Tenant, at Tenant’s expense, shall comply with all rules, orders, regulations or requirements of the American Insurance Association (formerly the National Board of Fire Underwriters) and with any similar body.

  • Fire Insurance The LESSEE shall not permit any use of the leased premises which will make voidable any insurance on the property of which the leased premises are a part, or on the contents of said property or which shall be contrary to any law or regulation from time to time established by the New England Fire Insurance Rating Association, or any similar body succeeding to its powers. The LESSEE shall on demand reimburse the LESSOR, and all other tenants, all extra insurance premiums caused by the LESSEE's use of the premises.

  • Standard Hazard Insurance and Flood Insurance Policies (a) For each Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers under the related Servicing Agreements to maintain or cause to be maintained standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of the related Servicing Agreements. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. (b) Pursuant to Section 4.01 and 4.02, any amounts collected by the Servicers or the Master Servicer, or by any Servicer, under any insurance policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the applicable Servicing Agreement) shall be deposited into the Master Servicer Collection Account, subject to withdrawal pursuant to Section 4.02 and 4.03. Any cost incurred by the Master Servicer or any Servicer in maintaining any such insurance if the Mortgagor defaults in its obligation to do so shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or such Servicer pursuant to Section 4.02 and 4.03.