Common use of OUR SERVICES PROVIDED TO YOU Clause in Contracts

OUR SERVICES PROVIDED TO YOU. The general services we provide you in accordance with this agreement and our relationship with you as your insurance intermediary is affected by certain conflicts of interest and your responsibilities before and after any Surety Bond is placed. Please ensure that you carefully consider the Conflicts of Interest and Your Responsibilities sections below. Placing your Surety Bond By you agreeing to the terms of this agreement and appointing us as your insurance intermediary, we will place a ‘Surety Bond’ for you in order to satisfy your statutory requirements to comply with the Insolvency Practitioner Regulations and the licensing requirements of your Authorising Body. Please note that in providing the above service to you:  We will seek to place the Surety Bond under a binding authority held by us.  A binding authority agreement delegates authority from the insurer to us and allows us to agree cover, issue documents on insurer’s behalf and collect premiums. You may request the names of such insurers from us.  We will not undertake any investigation of the general insurance market to obtain any alternative source of cover for the Surety Bond.  We do not offer advice in relation to tax, accounting, regulatory or legal matters and you should take any separate advice you consider necessary regarding such matters.

Appears in 3 contracts

Samples: Entire Agreement, Entire Agreement, Entire Agreement

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OUR SERVICES PROVIDED TO YOU. The general services we provide you in accordance with this agreement and our relationship with you as your insurance intermediary is affected by certain conflicts of interest and your responsibilities before and after any Surety Bond is placed. Please ensure that you carefully consider the Conflicts of Interest and Your Responsibilities sections below. belo w. Placing your Surety Bond By you agreeing to the terms of this agreement and appointing us as your insurance intermediary, we will place a ‘Surety Bond’ for you in order to satisfy your statutory requirements to comply with the Insolvency Practitioner Regulations and the licensing requirements of your Authorising Body. Please note that in providing the above service to you:  We will seek to place the Surety Bond under a binding authority held by us.  A binding authority agreement delegates authority from the insurer to us and allows us to agree cover, issue documents on insurer’s behalf and collect premiums. You may request the names of such insurers from us.  We will not undertake any investigation of the general insurance market to obtain any alternative source of cover for the Surety Bond.  We do not offer advice in relation to tax, accounting, regulatory or legal matters and you should take any separate advice you consider necessary regarding such matters.

Appears in 1 contract

Samples: Entire Agreement

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