Defence Costs definition

Defence Costs means the fees and expenses incurred by the Insured with Our prior written consent in defending, settling or investigating a claim covered by the Policy.

Defence Costs means the expenses incurred by or on behalf of the Insured or the Company in the investigation or settlement or defence of a Claim and shall include legal costs and disbursements.

Defence Costs means reasonable fees, costs and expenses incurred by or on behalf of the Insured in the investigation, defence, adjustment, settlement or appeal of any Claim. “Defence Costs” shall not mean any internal or overhead expenses of any Insured or the cost of any Insured’s time.

Examples of Defence Costs in a sentence

• However, in respect of any claims or suits originating in any court in North America, the applicable Limit of Liability shown in the Schedule shall be inclusive of all Defence Costs and Supplementary Payments.

• The amounts of such Defence Costs and Supplementary Payments incurred, except payments in settlement of claims and suits, are payable by Us in addition to the applicable Limit of Liability of this Policy.

• Our right to pay the full limit at any time We may pay the Limit of Indemnity shown under Section 3 (Legal Defence Costs) in Your Schedule (less any sums already paid or incurred) or any lesser amount for which any claims You have notified to Us can be settled.

• We shall pass notification of any claim for legal defence costs to the third party provider approved by Us. Parties to the contract of insurance If We have to provide cover for more than one person Our liability will not be more than the Limit of Indemnity shown under Section 3 (Legal Defence Costs) in Your Schedule.

• The most We will pay Irrespective of the number of Persons Entitled to Indemnity the most We will pay in any one Period of Insurance for legal defence costs is the Limit of Indemnity shown under Section 3 (Legal Defence Costs) in Your Schedule.

More Definitions of Defence Costs

Defence Costs means any and all legal costs and expenses which are reasonably and necessarily incurred with the prior written consent of the Insurer (not to be unreasonably withheld) in the investigation or defence of any Claim which is covered under this Policy.

Defence Costs means reasonable costs and expenses incurred by the Insured with Underwriters’ prior consent in the investigation, negotiation, meditation or defence or settlement of any Claim made against the Insured or the investigation of any circumstances of which the Insured shall become aware which might reasonably be expected to give rise to a Claim being made against the Insured, providing such Claims are indemnifiable under this Policy.

Defence Costs means costs, fees and expenses incurred by or on behalf of the Insured with the written consent of the Insurer in the investigation, defence or settlement of any Claim, suit or proceedings which are or would, if successful, be covered under this policy. Defence Costs also includes legal expenses in respect of representation at any coroner’s inquest or inquiry arising out of matters covered by this policy.Defence Costs do not include:

Defence Costs means reasonable and necessary fees, costs and expenses incurred with the written consent of the insurer (including premiums for any appeal bond, attachment bond or similar bond, but without obligation to apply for or furnish any bond) resulting solely from the investigation, adjustment, defence and appeal of any claim but shall not include the salary of any insured.

Defence Costs. Means all reasonable and necessary costs and expenses incurred in the investigation, reporting on, defence or settlement of any Claim in respect of which We are liable to indemnify the Insured under this policy. This also includes reporting in writing to Us on the investigation, defence or settlement of any Claim.

Defence Costs mean legal costs and disbursements and investigative and related expenses reasonably and necessarily incurred with the consent of the Insurer in relation to a Claim including without limitation the costs of:—

Defence Costs means any reasonable legal or investigative costs, fees or, expenses, incurred by the Insured with the prior written and continuing consent of the Insurer, not to be unreasonably withheld or delayed, resulting from: