Policy structure Sample Clauses

The "Policy structure" clause defines the organizational framework and layout of an insurance policy or similar document. It typically outlines how the policy is divided into sections, such as definitions, coverage details, exclusions, and conditions, and may specify the order in which these sections appear. By clearly establishing the structure, this clause ensures that all parties can easily locate and understand the various components of the policy, promoting transparency and reducing the risk of misunderstandings.
Policy structure. 1.4.1 Clause 2 sets out the scope of main coverage of insured section A; additional costs and expenses; extra coverage and the circumstances in which the insurer’s liability to the insured is limited, or may be excluded. Also, each clause sets out other terms and conditions. 1.4.2 Clauses 3 - 6 set out the insurer’s ; a) claims handling terms and conditions, including further conditions precedent, b) general terms and conditions, including further conditions precedent, c) definitions, d) complaints procedure.
Policy structure. 1.4.1 Clauses 2 – 4 set out the scope of main coverage of each insured section; additional costs and expenses; extra coverage and the circumstances in which the insurer’s liability to the insured is limited, or may be excluded. Also, each clause sets out other terms and conditions. 1.4.2 Clause 5 sets out cover extensions shared by insured sections A, B, and C. 1.4.3 Clause 6 sets out limitations and exclusions shared by insured sections A, B, C and D. 1.4.4 Clauses 7-10 are applicable to all insured sections and set out the insurer’s ; a) claims handling terms and conditions, including further conditions precedent,
Policy structure. 1.4.1 Each insured section sets out the scope of the main coverage and the circumstances in which the insurer’s liability to the insured is limited or may be excluded. Further, each insured section sets out other terms and conditions relevant to that insured section. The cover provided by each insured section is only operative if stated as ‘insured’ in the schedule. Where any schedule heading or sub-heading states ‘n/a’, ‘not applicable’ or ‘not insured’ then no cover applies for that item. 1.4.2 Additional clauses set out terms, exclusions or limitations that may apply to more than one insured section. 1.4.3 The following general terms apply to all insured sections, clauses and endorsements: a) Duties in event of a claim or potential claim; b) General terms and conditions; c) General definitions and interpretation; and d) Complaints.
Policy structure. 1.3.1 Clauses 2 - 3 set out the scope of main coverage of each insured section; additional costs and expenses; extra coverage and the circumstances in which the insurer’s liability to the insured is limited, or may be excluded. Also, each clause sets out other terms and conditions. 1.3.2 Clause 4 sets out cover extensions shared by insured sections A and B; 1.3.3 Clause 5 sets out limitations and exclusions shared by insured sections A, B and C; 1.3.4 Clause 6 sets out circumstances in which the insurer’s liability to the insured is conditional on the insured meeting specified conditions precedent; 1.3.5 Clauses 7-10 are applicable to all insured sections and set out the insurer’s; a) claims handling terms and conditions, including further conditions precedent; b) general terms and conditions, including further conditions precedent; c) definitions;
Policy structure. 1.3.1 The insured section sets out the scope of main coverage and the circumstances in which the insurer’s liability to the named insured is limited or may be excluded, in addition to other terms and conditions. 1.3.2 The General exclusions set out limitations and exclusions that apply. 1.3.3 The following general terms apply to the insured section, clauses and endorsements: a) duties in the event of a claim; b) general terms and conditions; c) general definitions; d) complaints.
Policy structure. 1.5.1 The following general terms apply to all clauses and endorsements: a) Duties in the event of a claim or potential claim; b) General terms and conditions; c) General definitions and interpretation; and d) Complaints.
Policy structure. 1.3.1 The insured sections set out the scope of main coverage and the circumstances in which the insurer’s liability to the named insured is limited or may be excluded. Further, each insured section sets out other terms and conditions. The cover by each insured section is only operative if stated as ‘insured’ in the schedule. Where any schedule heading or sub-heading states ‘n/a’, ‘not applicable’ or ‘not insured’ then no cover applies for that item. 1.3.2 The General exclusions set out limitations and exclusions that apply to all insured sections. 1.3.3 The following general terms apply to all insured sections, clauses and endorsements: a) duties in the event of a claim; b) general terms and conditions; c) general definitions; d) complaints.
Policy structure. 1.3.1 The insured section sets out the scope of the main coverage and the circumstances in which the insurer’s liability to the insured is limited or may be excluded. Further, the insured section sets out other terms and conditions relevant to that insured section. The cover provided by the insured section is only operative if stated as ‘insured’ in the schedule. Where any schedule heading or sub-heading states ‘n/a’, ‘not applicable’ or ‘not insured’ then no cover applies for that item. 1.3.2 The following general terms apply to the insured section, clauses and endorsements: a) Complaints; b) Duties in event of a claim or potential claim; c) General terms and conditions; and d) General definitions and interpretation.

Related to Policy structure

  • Policy Statement The RSU Award grant the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, #▇▇-▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, is solely responsible for the administration of the Plan, and participation in the Plan and the grant of the RSU Award do not, in any way, establish an employment relationship between the Participant and the Company since he or she is participating in the Plan on a wholly commercial basis and the sole employer is Availmed Servicios S.A. de C.V., Grupo Flextronics S.A. de C.V., Flextronics Servicios Guadalajara S.A. de C.V., Flextronics Servicios Mexico S. de ▇.▇. de C.V. and Flextronics Aguascalientes Servicios S.A. de C.V., nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment. By accepting the RSU Award, the Participant acknowledges that he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety, and fully understands and accepts all provisions of the Plan and the Agreement. In addition, the Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of Grant section of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and any Parent, Subsidiary or Affiliates are not responsible for any decrease in the value of the Shares acquired upon vesting of the RSU Award. Finally, the Participant hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of his or her participation in the Plan and therefore grants a full and broad release to the Employer, the Company and any Parent, Subsidiary or Affiliates with respect to any claim that may arise under the Plan.

  • Policy Changes If the plan, the amount of reinsurance or the premiums of a Reinsured Policy are changed, the company will promptly inform the Reinsurer. Whenever a Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES DO NOT REQUIRE that full evidence be obtained, the reinsurance will remain in effect with the Reinsurer. The suicide, contestability and recapture period applicable to the original Reinsured Policy will apply to the reissued Reinsured Policy and the duration will be measured from the effective date of the original Reinsured Policy. Whenever any Reinsured Policy is changed and the COMPANY'S UNDERWRITING RULES REQUIRE that full evidence be obtained, the change will be subject to the Reinsurer's approval, if: 6.2.1 The new amount of the Reinsured Policy would be in excess of the Automatic Acceptance Limit, in effect at the time of the change, as set out in Exhibit E; or 6.2.2 The new amount of the policy and the amount already in force on the same life exceeds the Jumbo Limit stated in Exhibit E; or 6.2.3 The Reinsured Policy is on a facultative basis. The amount of any non-contractual increase will be subject to the terms stated in Exhibit C. The Company will report the details of all changes according to the terms outlined in Exhibit F, Reinsurance Reports. For changes not covered under this Agreement, which affect the terms of any Reinsured Policy, the Company must obtain the Reinsurer's approval before such changes become effective.

  • Umbrella Policies Contractor may satisfy basic coverage limits through any combination of basic coverage and umbrella insurance.

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.