Common use of Servicing of Policies Clause in Contracts

Servicing of Policies. Commencing on the Assumption date of a Removed Policy: (i) Until a Removed Policy is renewed onto an Insurers policy form, on behalf of the Insurer, CITIZENS shall process endorsements and cancellations and provide other policy services with respect to the Removed Policy. (ii) The Insurer is responsible for offering and processing offers of renewal coverage with respect to its Replacement Policies, utilizing its approved rates and forms. Insurer is responsible for all policyholder services with respect to its Replacement Policies.

Appears in 4 contracts

Sources: Assumption Agreement (Heritage Insurance Holdings, LLC), Assumption Agreement (Heritage Insurance Holdings, LLC), Assumption Agreement (United Insurance Holdings Corp.)