Common use of Policy Coordination Clause in Contracts

Policy Coordination. For each SPIP policy that the Insured Entity is a named insured on, the Insured Entity shall: For each SPIP policy that the Insured Entity is a named insured on, respond to all requests for SPIP policy information from the SPIP Coordinator by the due date specified in the request. Upon request from the SPIP Coordinator, provide total insured values and schedule of insured items (inventory) to support the SPIP solicitation and/or renewal actions for any insurance policy the Insured Entity intends to be a named insured under. This may include providing responses to insurance policy solicitation questions as applicable. Comply with policy reporting requirements and due dates for all applicable insurance policies, which will be posted on the SPIP Insurance Webpage, and included quarterly reports as required by the Broker. Coordinate all requests for SPIP insurance coverage directly with the SPIP Coordinator to include additions, modifications, and deletions. Coordination will include providing all information and documentation to the SPIP Coordinator necessary to facilitate the request. Be responsible for premium payments when its schedule of values is included in an insurance policy procured through the SPIP.

Policy Coordination. For each SPIP policy that the Insured Entity is a named insured on, the Insured Entity shall: : i. For each SPIP policy that the Insured Entity is a named insured on, respond to all requests for SPIP policy information from the SPIP Coordinator by the due date specified in the request. ii. Upon request from the SPIP Coordinator, provide total insured values and schedule of insured items (inventory) to support the SPIP solicitation and/or renewal actions for any insurance policy the Insured Entity intends to be a named insured under. This may include providing responses to insurance policy solicitation questions as applicable. iii. Comply with policy reporting requirements and due dates for all applicable insurance policies, which will be posted on the SPIP Insurance Webpage, and included quarterly reports as required by the Broker. iv. Coordinate all requests for SPIP insurance coverage directly with the SPIP Coordinator to include additions, modifications, and deletions. Coordination will include providing all information and documentation to the SPIP Coordinator necessary to facilitate the request. . v. Be responsible for premium payments when its schedule of values is included in an insurance policy procured through the SPIP.