Common use of Bail Bond Clause in Contracts

Bail Bond. If the Insured/ Insured Person is arrested or detained by Police or Judicial authorities, for any bailable offence whilst on a trip abroad covered by this Policy, the Company shall provide the payment of bail amount to the appropriate authority/court on behalf of the Insured/ Insured Person up to the limit of Sum Insured specified against this Benefit in the Policy Schedule/ Certificate of Insurance. A Deductible of an amount specified in the Policy Schedule/ Certificate of Insurance shall be separately applicable for each and every claim made under this Benefit.

Appears in 2 contracts

Sources: Smart Travel Policy, Insurance Policy

Bail Bond. If the Insured/ Insured Person is arrested or detained by Police or Judicial authorities, for any bailable offence whilst on a trip abroad covered by this Policy, the Company shall provide the payment of bail amount to the appropriate authority/court on behalf of the Insured/ Insured Person up to the limit of Sum Insured specified against this Benefit in the Policy Schedule/ Certificate of InsuranceCertificate. A Deductible of an amount specified in the Policy Schedule/ Certificate of Insurance shall be separately applicable for each and every claim made under this Benefit.

Appears in 2 contracts

Sources: Insurance Policy, Overseas Travel Insurance Policy