Common use of Policy Documentation Clause in Contracts

Policy Documentation. a. You undertake to supply Us with fully completed Proposal Forms as may be required by Us within 21 days from the inception of any insurance provided hereunder, or as otherwise specifically detailed at quotation stage. In the absence of said Proposal Forms being received by Us within the above period all cover provided shall cease immediately and shall be reinstated only on receipt and acceptance by Us of said completed Proposal Forms. b. We undertake to issue all policy documents, renewal schedules, certificate of Insurance and endorsements and You are not authorised to issue any such said documentation on Our behalf. You undertake to provide Us with renewal instructions prior to the renewal date of any specific insurance in the absence of which We shall assume that renewal is not required and all cover shall cease at Midnight on the date of expiry of the current period of insurance. If thereafter renewal instructions shall be received by Us, solely at our discretion, cover may be reinstated as from the date of said instructions being received by Us. c. You are responsible for ensuring that documents are passed promptly to the end client in line with contract certainty obligations.

Appears in 2 contracts

Sources: Terms of Business Agreement, Terms of Business Agreement

Policy Documentation. a. 1. You undertake to supply Us with fully completed Proposal Forms as may be required by Us within 21 days from the inception of any insurance provided hereunder, or as otherwise specifically detailed at quotation stage. In the absence of said Proposal Forms being received by Us within the above period all cover provided shall cease immediately and shall be reinstated only on receipt and acceptance by Us of said completed Proposal Forms. b. 2. We undertake to issue all policy documents, renewal schedules, certificate of Insurance and endorsements and You are not authorised to issue any such said documentation on Our behalf. 3. You undertake to provide Us with renewal instructions prior to the renewal date of any specific insurance in the absence of which We shall assume that renewal is not required and all cover shall cease at Midnight midnight on the date of expiry of the current period of insurance. If thereafter renewal instructions shall be received by Us, solely at our discretion, cover may be reinstated as from the date of said instructions being received by Us. c. You are responsible for ensuring that documents are passed promptly to the end client in line with contract certainty obligations.

Appears in 1 contract

Sources: Terms of Business Agreement