Accident or occurrence definition

Accident or occurrence in this Section means one proximate, uninterrupted, or continuing cause which results in all of the injuries or damages even though several discrete items of damage result, and even though multiple claims and claimants may arise as a result of one such accident or occurrence. A series of claims arising from the same accident or occurrence shall be treated as due to that one accident or occurrence and thus shall be subject to the aggregate liability limit established herein.
Accident or occurrence. Any one accident or occurrence or series of accidents or occurrences arising out of one event provided that, with respect to disease or death resulting therefrom, the terms accident or occurrence and series of accidents or occurrences shall mean the claim or series of claims occasioned by the disease or diseases having a common cause or origin. The Company shall be the sole judge of what constitutes disease or diseases having a common cause or origin. The Company shall assign the claim or series of claims to a policy year of coverage under any one policy or renewal thereof and will be bound by the following principles: 1. If the liability is placed solely upon the employer or insurer as of the date the claim ant’s disability commences or becomes manifest and that date is within a period of coverage under an applicable policy issued by the Company, the loss shall be deemed to have been sustained by the Company at such date. 2. If assignment is not made on the basis stated in the preceding subparagraph the claim is to be assigned to the policy year of the date of claimant’s last injurious exposure during a period of coverage under an applicable policy issued by the Company. Notwithstanding anything to the contrary above set forth, it is agreed that the date of the loss occurrence for the purpose of this reinsurance shall be deemed to be the inception, anniversary or renewal date of the Company’s original policy. Losses occurring under a policy in-force at December 31, 1984 shall be assigned to this Agreement to the extent such losses are not assignable to the 1984 Contract year. Notwithstanding the foregoing, where a policyholder requests that it be issued two or more policies in circumstances where applicable manual rules permit the issuance of a single policy such policies shall be regarded as a single policy for purposes of assigning disease claims to a policy year coverage.
Accident or occurrence. Any one accident or occurrence or, if a series of accidents or occurrences arising out of one event, such series of accidents or occurrences provided, however, that with respect to disease, including death resulting therefrom, the terms “accident or occurrence” and “series of accidents or occurrences” shall mean the claim or series of claims for which the Company may be liable, on account of diseases or deaths resulting therefrom, assigned by the Company to each calendar year of coverage under any one policy or renewals thereof. In making such assignments the Company will be bound by the following principles: 1. If liability is placed solely upon the employer or insurer as of the date the claimant’s disability commences or becomes manifest and that date is within a period of coverage under an applicable policy issued by the Company, the claim is to be assigned to the calendar year of such date; 2. If assignment is not made on the basis stated in the preceding subparagraph the claim is to be assigned to the calendar year of the date of the claimant’s last injurious exposure during a period of coverage under an applicable policy issued by the Company. It is also agreed that disease cases which are not chargeable to this Contract under the above principals and which are not chargeable to a previous reinsurance contract shall be charged to this Contract and be treated as an accident occurring during 1975. Notwithstanding anything to the contrary above set forth it is agreed that as to any policyholder to whom the Company issues disease coverage which is in effect for only 12 consecutive months or less all of the Company’s losses on accout of disease claims will be charged for the purpose of this reinsurance to the calendar year which includes the date the Company’s disease coverage became effective. Notwithstanding the foregoing, where a policyholder requests that it be issued two or more policies in circumstances where applicable manual rules permit the issuance of a single policy, such policies shall be regarded as a single policy for purposes of assigning disease claims to calendar year coverage.

Examples of Accident or occurrence in a sentence

  • Accident or occurrence, involving their person or property or the person or property of a member of their immediate family.

  • Accident or occurrence, involving his/her person or property or the person or property of a member of his/her immediate family.

Related to Accident or occurrence

  • Accident means an accident that may result in pollution.

  • Catastrophic illness or injury means one of the following:

  • Act of God means a cataclysmic phenomenon of nature, including earthquake, flood or cyclone. Rain, snow, wind, high water or any other natural phenomenon, which might reasonably have been anticipated from historical records of the general locality of the City, shall be deemed not to be acts of God;

  • Catastrophic illness or “injury” means an illness or injury that is expected to incapacitate the employee for an extended period of time, or that incapacitates a member of the employee’s family which incapacity requires the employee to take time off from work for an extended period of time to care for that family member, and taking extended time off work creates a financial hardship for the employee because he or she has exhausted all of his or her sick leave and other paid time off.

  • Co-occurring disorder (COD) means any combination of mental health symptoms and substance use disorder symptoms or diagnoses that affect a consumer and are typically determined by the current Diagnostic and Statistical Manual of Mental Disorders.