VOLUNTARY PAYMENT COVERAGE D Clause Samples

VOLUNTARY PAYMENT COVERAGE D a. The Insurer will reimburse the “Named Insured” for voluntary payments to which this form applies. The reimbursement will be made regardless of fault. The payments must arise from an accident happening during the normal course of an Insured’s business activities. b. The voluntary payments must be incurred and reported to the Insurer by the “Named Insured” within 12 consecutive months of the accident date. c. The amount the Insurer will reimburse is limited as described in IV. LIMITS OF INSURANCE.