Common use of Sum Insured Clause in Contracts

Sum Insured. The Sum Insured for any one Claim (exclusive of Defence Costs) is [£2 million / £3 million]. [………………………………… any one claim excess of (the Underlying [ ] The Excess is: The Period of Insurance is from: to midnight on 30 September 2011. If an Insured Firm is issued with an ARP Run-off Policy, run-off cover shall be provided through the ARP, which shall indemnify each Insured in accordance with clauses 1.1 to 1.8 of the ARP Policy set out in Part 1 of Schedule 2, (but subject to the limits, exclusions and conditions of the ARP Policy). The period of cover provided by the ARP Run-off Policy shall be as determined under Rule 13.5.

Appears in 1 contract

Sources: Qualifying Insurer’s Agreement

Sum Insured. The Sum Insured for any one Claim (exclusive of Defence Costs) is [£2 million / £3 million]. [………………………………… any one claim excess of (the Underlying [ [… ] The Excess is: The Period of Insurance is from: to midnight on 30 on30 September 2011. : If an Insured Firm is issued with an ARP Run-off Policy, run-off cover shall be provided through the ARP, which shall indemnify each Insured in accordance with clauses 1.1 to 1.8 of the ARP Policy set out in Part 1 of Schedule 2, (but subject to the limits, exclusions and conditions of the ARP Policy). The period of cover provided by the ARP Run-off Policy shall be as determined under Rule 13.5.

Appears in 1 contract

Sources: Qualifying Insurer’s Agreement

Sum Insured. The Sum Insured for any one Claim (exclusive of Defence Costs) is [£2 million / £3 million]. [………………………………… any one claim excess of (the Underlying [ [… ] The Excess is: The Period of Insurance is from: to midnight on 30 September 2011. on: If an Insured Firm is issued with an ARP Run-off Policy, run-off cover shall be provided through the ARP, which shall indemnify each Insured in accordance with clauses 1.1 to 1.8 of the ARP Policy set out in Part 1 of Schedule 2, (but subject to the limits, exclusions and conditions of the ARP Policy). The period of cover provided by the ARP Run-off Policy shall be as determined under Rule 13.5.

Appears in 1 contract

Sources: Qualifying Insurer’s Agreement

Sum Insured. The Sum Insured for any one Claim (exclusive of Defence Costs) is [£2 million / £3 million3million]. [………………………………… any one claim excess of ........................................ (the Underlying [ Limit”)] [… ] The Excess is: The Period of Insurance is from: to midnight on 30 September 20112006. If an Insured a Firm is issued with an ARP Run-off Policy, run-off cover shall be provided through the ARP, which shall indemnify each Insured in accordance with clauses 1.1 to 1.8 of the ARP Policy set out in Part 1 of Schedule 23, (but subject to the limits, exclusions and conditions of the ARP Policy). The period of cover provided by the ARP Run-off Policy shall be as determined under Rule 13.5rule 29.3.

Appears in 1 contract

Sources: Qualifying Insurer’s Agreement