Common use of Period of Insurance Clause in Contracts

Period of Insurance. From the Framework Commencement Date for the Framework Period and renewable on an annual basis unless agreed otherwise by the Authority in writing. COVER FEATURES AND EXTENSIONS Indemnity to principals clause. PRINCIPAL EXCLUSIONS War and related perils. Nuclear and radioactive risks. Liability for death, illness, disease or bodily injury sustained by employees of the Insured during the course of their employment. Liability arising out of the use of mechanically propelled vehicles whilst required to be compulsorily insured by applicable Law in respect of such vehicles. Liability in respect of predetermined penalties or liquidated damages imposed under any contract entered into by the Insured. Liability arising out of technical or professional advice other than in respect of death or bodily injury to persons or damage to third party property. Liability arising from the ownership, possession or use of any aircraft or marine vessel. Liability arising from seepage and pollution unless caused by a sudden, unintended and unexpected occurrence. MAXIMUM DEDUCTIBLE THRESHOLD Not to exceed [£ threshold to be agreed with Supplier] for each and every third party property damage claim (personal injury claims to be paid in full). 

Period of Insurance. From the Framework Commencement Date for the Framework Period and renewable on an annual basis unless agreed otherwise by the Authority Fund in writing. COVER FEATURES AND EXTENSIONS Indemnity to principals clause. PRINCIPAL EXCLUSIONS War and related perils. Nuclear and radioactive risks. Liability for death, illness, disease or bodily injury sustained by employees of the Insured during the course of their employment. Liability arising out of the use of mechanically propelled vehicles whilst required to be compulsorily insured by applicable Law in respect of such vehicles. Liability in respect of predetermined penalties or liquidated damages imposed under any contract entered into by the Insured. Liability arising out of technical or professional advice other than in respect of death or bodily injury to persons or damage to third party property. Liability arising from the ownership, possession or use of any aircraft or marine vessel. Liability arising from seepage and pollution unless caused by a sudden, unintended and unexpected occurrence. MAXIMUM DEDUCTIBLE THRESHOLD Not to exceed [£ threshold to be agreed with Supplier] £10,000 for each and every third party property damage claim (personal injury claims to be paid in full).  

Period of Insurance. From the Framework Commencement Date for the Framework Period and renewable on an annual basis unless agreed otherwise by the Authority in writing. COVER FEATURES AND EXTENSIONS Indemnity to principals clause. PRINCIPAL EXCLUSIONS War and related perils. Nuclear and radioactive risks. Liability for death, illness, disease or bodily injury sustained by employees of the Insured during the course of their employment. Liability arising out of the use of mechanically propelled vehicles whilst required to be compulsorily insured by applicable Law in respect of such vehicles. Liability in respect of predetermined penalties or liquidated damages imposed under any contract entered into by the Insured. Liability arising out of technical or professional advice other than in respect of death or bodily injury to persons or damage to third party property. Liability arising from the ownership, possession or use of any aircraft or marine vessel. Liability arising from seepage and pollution unless caused by a sudden, unintended and unexpected occurrence. MAXIMUM DEDUCTIBLE THRESHOLD Not to exceed [£ threshold to be agreed with Supplier] not less than £250 for each and every third party property damage claim (personal injury claims to be paid in full).