Examples of Policy Period in a sentence
We may cancel this policy, or any of its individual insurance benefits, if the Policyholder fails to pay the premium within the grace period of thirty (30) days after the premium due date, except for the first premium due during the Policy Period.
It is a condition precedent to cover under the Policy that as soon as the Insured becomes aware of a Claim during the Policy Period, the Insured must notify the Company in writing of the Claim.
The Insurer shall pay on behalf of the Company the Derivative Costs incurred by the Company in response to a Derivative Demand first made during the Policy Period (or Discovery Period, if applicable) for any Wrongful Act of any Executive, and reported to the Insurer in accordance with Section V.
Non-indemnifiable Loss Coverage The Insurer shall pay on behalf of any Insured Person the Loss arising from a Claim, first made during the Policy Period (or Discovery Period, if applicable) against such Insured Person for any Wrongful Act, and reported to the Insurer in accordance with Section V.
Subject always to the Limit of Liability set forth in the Declarations, and to all of the terms, conditions, exclusions and other provisions hereinafter mentioned, the Company will indemnify the Insured for Product Recall Expenses arising out of a Covered Incident in excess of the Attachment Point set forth in the Declarations, provided that the Covered Incident is discovered and first reported to the Company during the Policy Period.