Common use of Professional Indemnity Insurance Clause in Contracts

Professional Indemnity Insurance. 16.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation to their activities associated with transacting insurance business with the Underwriting Manager. For regulated entities this should be the minimum level as prescribed by the Party’s Home State regulator.

Appears in 4 contracts

Samples: Terms of Business, Terms of Business, Terms of Business

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Professional Indemnity Insurance. 16.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation to their activities associated with transacting insurance business with the Underwriting ManagerAgent. For regulated entities this should be the minimum level as prescribed by the Party’s Home State regulator.

Appears in 4 contracts

Samples: Terms of Business, Terms of Business, Terms of Business

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Professional Indemnity Insurance. 16.1 Each Party will each have and maintain, at its own cost, Professional Indemnity insurance in relation relaĚon to their activities acĚvities associated with transacting insurance business with the Underwriting ManagerUnderwriĚng Agent. For regulated entities this should be the minimum level as prescribed by the Party’s Home State regulator.

Appears in 1 contract

Samples: Terms of Business

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