First Named Insured definition

First Named Insured means the person or entity as identified in Item 1. of the Declarations to this Policy. The “first named insured” is the party responsible for the payment of any premiums and the payment of, or evidencing payment of, any applicable “self-insured retention” amounts. The “first named insured” shall also serve as the sole agent on behalf of all “insureds” with respect to the provision and receipt of notices, including notice of cancellation or non- renewal, receipt and acceptance of any endorsements or any other changes to this Policy, return of any premium, assignment of any interest pursuant to this Policy, as well as the exercise of any applicable “extended reporting period”, unless any such responsibilities are otherwise designated by endorsement.
First Named Insured means the first Named Insured as shown on the Declarations page of this policy. ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED.ENDORSEMENT 2 COVERAGE TERRITORY ENDORSEMENTThis endorsement modifies insurance provided by the Policy: The Insurer shall not be deemed to provide cover and the Insurer shall not be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose the Insurer, its parent company or its ultimate controlling entity to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union or the United States of America. PR4225 (07/13)ENDORSEMENT 3 WAR AND TERRORISM EXCLUSION ENDORSEMENT(applies to locations outside the USA, its territories and possessions) Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any of the following regardless of any other cause or event contributing concurrently or in any other sequence to the loss; (1) war, invasion, acts of foreign enemies, hostilities or warlike operations (whether war be declared or not), civil war, rebellion, revolution, insurrection, civil commotion assuming the proportions of or amounting to an uprising, military or usurped power; or (2) any act of terrorism. For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organization(s) or government(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling, preventing, suppressing or in any way relating to (1) and/or (2) above. If the Underwriters allege that by reason of this exclusion, any loss, damage, cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured.In the event any port...
First Named Insured means the Named Insured specified on the Declarations Page.

Examples of First Named Insured in a sentence

  • First Named Insured: Policy Number: Effective Date Of This Endorsement: This endorsement forms a part of the policy to which it is attached.

  • Policies containing any self-insured retention (SIR) provision shall provide or be endorsed to provide that the SIR may be satisfied by either the named or additional insureds, co-insurers, and/or insureds other than the First Named Insured.

  • Any deductible, retention, or self-insurance will be the responsibility of and paid by the First Named Insured and not by the Owner.

  • We have no obligation to offer an “extended reporting period endorsement” to anyone other than the First Named Insured.

  • The First Named Insured may cancel this policy entirely, or as to any insured under this policy, at any time by giving us written notice stating when, thereafter, the cancellation is to take effect.


More Definitions of First Named Insured

First Named Insured means the Named Insured first listed in the Declarations under Item 1., Named Insured.
First Named Insured means the individual specified first on the declarations page of a motor vehicle liability insurance policy, or the individual’s spouse, if the spouse is a resident of the same household and specified on the declarations page[.]; and
First Named Insured means the person or entity as identified in Item 1. of the Declarations to this Policy. The “first named insured” is the party responsible for the payment of any premiums and the payment of any applicable deductible amounts. The “first named insured” shall also serve as the sole agent on behalf of all “insureds” with respect to the provision and receipt of notices, including notice of cancellation or non-renewal,
First Named Insured means the entity designated as such in ITEM 1 of the Declarations.
First Named Insured means the entity first listed in Item 1. of the Declarations.
First Named Insured means the first Named Insured as shown on the Declarations page of this policy.
First Named Insured means the first entity named as a Named Insured in the declarations of the policy;