Common use of Coverage Territory Clause in Contracts

Coverage Territory. Subject to all of the terms and conditions of this insurance, this insurance: • applies only to financial injury caused by a wrongful act committed in • does not apply to any damages, loss, cost or expense in connection with any suit brought outside India. If you are an individual, then you and your spouse are insureds; but you and your spouse are insureds only with respect to the conduct of a business of which you are the sole owner. If you die: • persons or organisations having proper temporary custody of your property are insureds; but they are insureds only with respect to the maintenance or use of such property and only for acts until your legal representative has been appointed; and • your legal representatives are insureds; but they are insureds only with respect to their duties as your legal representatives. Such legal representatives will assume your rights and duties under this insurance.

Appears in 3 contracts

Sources: Insurance Contract, Insurance Policy, Insurance Policy