Common use of VOLUNTARY EXCESS Clause in Contracts

VOLUNTARY EXCESS. In the event of the Insured opting, the Policy shall be subject to voluntary excess as mentioned in the Policy Schedule. This voluntary excess shall be applicable to Financial Injury claims inclusive of defence cost arising out of any one accident. The Company's liability shall attach for the claims in excess of such compulsory and voluntary excess.

Appears in 6 contracts

Sources: Errors and Omissions Liability Insurance Policy, Errors and Omissions Liability Insurance Policy, Errors and Omissions Liability Insurance Policy

VOLUNTARY EXCESS. In the event of the Insured opting, the Policy policy shall be subject to a voluntary excess as mentioned in the Policy Scheduleschedule. This voluntary excess shall be applicable to Financial Injury both (a) death/bodily injury claims and (b) property damage claims inclusive of defence cost costs arising out out of any one accident. The Company's liability Liability shall attach for the claims in excess of such compulsory and voluntary excess.

Appears in 1 contract

Sources: Market Agreement on Product Liability

VOLUNTARY EXCESS. In the event of the Insured opting, the Policy shall be subject to voluntary excess as mentioned in the Policy Schedule. This voluntary excess shall be applicable to Financial both (a) death/Bodily Injury claims and (b) Property Damage claims inclusive of defence cost arising out of any one accident. The Company's liability shall attach for the claims in excess of such compulsory and voluntary excess.

Appears in 1 contract

Sources: Commercial General Liability Insurance Contract