COVERAGE AGREEMENT Sample Clauses
The Coverage Agreement clause defines the scope and terms under which insurance protection is provided by the policy. It typically outlines what types of losses, damages, or liabilities are covered, the parties insured, and the circumstances under which coverage applies. For example, it may specify that the insurer will pay for property damage caused by certain perils or cover legal liabilities arising from specific activities. The core function of this clause is to clearly establish the boundaries of the insurer's obligations, ensuring both parties understand what is and is not protected under the policy, thereby reducing disputes and uncertainty.
COVERAGE AGREEMENT. The Section entitled COVERAGE AGREEMENTS is amended to add the following additional coverage agreement: We will pay all amounts, that you become legally obligated to pay as a result of a case management services claim that arises from a case management non-medical incident. The limit of liability is shared with, and not in addition to, the Professional Liability limit of liability stated on the CERTIFICATE OF INSURANCE. In addition to the limit of liability, we will also pay claim expenses.
COVERAGE AGREEMENT. The Company agrees, with respect to the business at a Location specified in the declaration, that if the business carried on by the Insured at the Location be interrupted or interfered with solely as a result of an Accident, which occurs while this Coverage is in effect, to an Object which is in use or connected ready for use at an insured Location, the Company will pay the Insured the amount from such interruption, subject to the Limit of Liability specified in the Declaration for this Coverage.
COVERAGE AGREEMENT. The Company agrees, respecting loss from an Accident, which occurs during the Policy Period, to an Object which is in use or connected ready for use at a named location described on the declaration as follows:
a) to pay for loss to the Object, and
b) to pay for loss to other insured Property directly damaged by the Accident
COVERAGE AGREEMENT. 1. We will pay on behalf of a covered party those sums in excess of the retention set forth below that the covered party becomes legally obligated to pay as damages for a covered party’s errors and omissions in connection with the covered entity's operation of a housing authority.
2. For purposes of this Errors and Omissions coverage part, a claim means a civil proceeding commenced by the service of a complaint filed in a court of competent jurisdiction.
3. A claim for errors and omissions must be made during the coverage period for acts committed on or after the Retroactive Date. A claim by a person or organization seeking damages will be deemed to have been made when notice of such claim is received and recorded by any covered party or by us, whichever comes first. All claims for damages because of the same errors and omissions causing loss to the same person or organization will be deemed to have been made at the time the first of these claims is made against any covered party.
4. Claims under this coverage part are subject to a deductible of 10 %, subject to a minimum deductible of $2,500 per claim.
COVERAGE AGREEMENT. We will pay on behalf of the covered party those sums that the covered party becomes
COVERAGE AGREEMENT. The Company agrees to pay compensation to any Third Party on behalf of the Insured, who is liable by law for loss arising from use of the Insured vehicle in the driveway, or from articles carried on or equipped with the vehicle during the insurance period as follows:
COVERAGE AGREEMENT. A. ▇▇▇▇ ▇▇▇▇▇▇ agrees, subject to the limitations, terms and conditions hereunder mentioned, to pay on behalf of the Member all sums which the Member shall be obligated to pay as Money Damages by reason of the liability arising from the ownership, maintenance or use of a Covered Automobile, for damages direct or consequential, arising out of any Occurrence on account of Property Damage or Bodily Injury suffered or alleged to have been suffered by any person or persons.
B. This Coverage applies to Bodily Injury and Property Damage only if:
1. The injury or damage occurs during the Agreement Period; and
2. Prior to the Agreement Period, no Member or employee authorized by the Named Member to give or receive notice of an occurrence or claim, knew that the injury or damage had occurred, in whole or in part. If a Member or authorized employee knew, prior to the Agreement Period, that the injury or damage had occurred, then any continuation, change or resumption of such injury or damage during or after the Agreement Period will be deemed to have been known prior to the Agreement Period.
C. If Bodily Injury or Property Damage occurs during the Agreement Period and is covered by this Agreement, the coverage will include any continuation, change or resumption of that Bodily Injury or Property Damage after the end of the Agreement Period.
D. Bodily Injury or Property Damage will be deemed to have been known to have occurred at the earliest time that any Member or any employee authorized by the Named Member to give or receive notice of an Occurrence or claim:
1. Reports all, or any part, of the injury or damage to ▇▇▇▇ or any insurer;
COVERAGE AGREEMENT. Unless the context requires otherwise, any use of the term “Coverage Agreement” will include its endorsements and the Fund Member’s CCS.
COVERAGE AGREEMENT. In the event the vehicle is lost due to Fire or Theft, the Company agree to pay compensation inclusive of any damage of the Insured vehicle including accessories, modification parts, or any original equipment of the vehicle (both manufacturers and add-on parts that have been reported to the company) from Theft, Robbery, Gang Robbery or Embezzlement, or attempting to do so. Loss of the vehicle from Fire also included any damage directly or indirectly caused by, resulting from or in connection with any Fire.
COVERAGE AGREEMENT. Employment practices liability. We will pay those sums that the Named Member is legally required to pay as damages for covered employment injury that: • results from a wrongful employment practice offense first committed on or after the retroactive date and before the ending date of this agreement; and • results in a claim first made or brought against a Named Member and reported to us while this agreement is in effect, or during the extended reporting period, if it applies. We will consider each wrongful employment practice offense in a series of related wrongful employment practice offenses to be committed on the date the first wrongful employment practice offense in the series of related wrongful employment practice offenses is committed. Any and all claims based on or arising out of the same Sexual Harassment or a series of Sexual Harassments by a Member, or Members acting in concert, will be considered as arising out of one act of Sexual Harassment and deemed to be a single claim, and will be considered first made when the first of such claims is made regardless of: • The number of persons sexually harassed; • The number of locations where the Sexual Harassment occurred; • The number of acts of Sexual Harassment prior to or after the first claim is made; or • The period of time over which the Sexual Harassment took place, whether the Sexual Harassment is during, before, or after the agreement period. However, only acts of Sexual Harassment that take place after the retroactive date shown in the Declarations and before the end of the Agreement Period are covered. We will have the right and duty to defend any claim or suit seeking those damages. However, we will have no duty to defend the member against any suit seeking damages for covered employment injury to which this insurance does not apply. We may at our discretion investigate any claim and settle any claim or suit that may result. But our right and duty to defend any claim ends when the Liability Limits that apply have been exhausted. It is agreed that we shall make all final decisions, regarding the legal defense of claims and shall have absolute and conclusive authority with regard to a defense, settlement and payment of all claims. Should you at any time request that we not settle any claim when such settlement has been recommended by us and you elect to contest the claim on your own or continue any legal proceedings in connection with such claim, our liability for the claim shall not exceed t...