Expedited Availability of Insurance Services Sample Clauses

Expedited Availability of Insurance Services. The Parties recognize the importance of maintaining and developing regulatory procedures to expedite the offering of insurance services by licensed suppliers. The Parties recognize the importance of consulting, as necessary, regarding any such initiatives.
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Expedited Availability of Insurance Services. 4. Singapore shall not require product filing or approval for insurance products other than for life insurance products, Central Provident Fund-related products and investment-linked products. Where product filing or approval is required, Singapore shall allow the introduction of the product, which Singapore shall deem to be approved unless the product is disapproved within a reasonable time, endeavouring to do so within 30 days. Singapore shall not maintain limitations on the number or frequency of product introductions. This specific commitment does not apply where a financial institution of the United States seeks to supply a new financial service pursuant to Article 10.6 (New Financial Services).
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Expedited Availability of Insurance Services. 2. Recognizing the principles of federalism under the U.S. Constitution, the history of state regulation of insurance in the United States, and the XxXxxxxx-Xxxxxxxx Act, the United States welcomes the efforts of the National Association of Insurance Commissioners ("NAIL") relating to the availability of insurance services as expressed in the NAIC's "Statement of Intent: The Future of Insurance Regulation.", including the initiatives on speed-to-market intentions and regulatory re- engineering (under Part II of the Statement of Intent). This specific commitment does not apply where a financial institution of Singapore seeks to supply a new financial service pursuant to Article 10.6.
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Expedited Availability of Insurance Services. 3. Recognising the principles of federalism under the U.S. Constitution, the history of state regulation of insurance in the United States, and the XxXxxxxx-Xxxxxxxx Act, the United States welcomes the efforts of the National Association of Insurance Commissioners ("NAIC") relating to the availability of insurance services as expressed in the NAIC's "Statement of Intent: the Future of Insurance Regulation", including the initiatives on speed-to-market intentions and regulatory re- engineering (under Part II of the Statement of Intent). Regarding the speed-to- market initiative, those U.S. states maintaining product filing requirements for particular lines of insurance shall operate their review process on an expeditious basis. All U.S. states are implementing mechanisms to allow electronic filing; in addition, many U.S. states also allow file-and-use of products.
Sample 1
Expedited Availability of Insurance Services. 1. The Parties recognize the importance of maintaining and developing regulatory procedures to expedite the offering of insurance services by licensed suppliers. 2. Annex 12.14 sets out certain commitments of the Parties with regard to the expedited availability of insurance services. Article 1215. Specific commitments Annex 12.15 sets out certain specific commitments by each Party.
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Related to Expedited Availability of Insurance Services

  • Types of Insurance and Minimum Limits (1) Worker’s Compensation in the minimum statutorily required coverage amounts. This insurance coverage shall not be required if the CONTRACTOR has no employees and certifies to this fact by initialing here

  • Minimum Scope and Limit of Insurance Coverage shall be at least as broad as:

  • MAINTENANCE OF INSURANCE COVERAGE Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • TERMINATION OF INSURANCE A. Your policy will lapse if you do not pay your premium when due.

  • General Requirements for Insurance Coverage and Policies A. All required insurance policies shall be maintained with companies that may lawfully issue the required policy and have an A.M. Best rating of at least A- / “VII” or a Standard and Poor’s rating of at least A, unless prior written approval is obtained from the City Law Department.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • Continuation of Insurance Benefits Notwithstanding any other provision in this Agreement to the contrary, the Bank and/or its successor shall maintain in full force and effect for Employee's continued benefit, for the two (2) year period beginning upon a Change in Control, all life insurance, medical, health and accident and disability policies, plans, programs or arrangements which were in effect immediately prior to the Change in Control.

  • Minimum Scope of Insurance Coverage shall be at least as broad as:

  • Minimum Limits of Insurance GRANTEE shall maintain limits no less than:

  • County Review and Approval of Insurance Requirements The County reserves the right to review and adjust the Required Insurance provisions, conditioned upon County’s determination of changes in risk exposures.

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