Examples of Prior Acts Date in a sentence
Per Claim/ Annual Aggregate Limit GROUP 2 PREMIUMSGroup 2 Premiums apply to any applicant who does not qualify for Group 1, including if the Prior Acts Date (also known as a Retroactive Date) in question 6 is either:1.
The Named Insured and any natural person who is a former or current secretarial, clerical or administrative employee of such Named Insured shall share the same Prior Acts Date.
The Wrongful Act must happen on or after the Prior Acts Date and before the end of the Coverage Relationship.
The Abuse Prior Acts Date is:As detailed in Endorsement 03The Insurer will also pay Defence Costs, provided that the Insurer shall not be liable for any fines or penalties imposed as a consequence of any Claim, suit or proceedings.
Yes, your Prior Acts Date is the date you first obtained—and continuously maintained— a “claims made” Accounting professional liability policy.
If the Policyholder opts to purchase the Policyholder Optional Extended Reporting Period, then coverage for all Agents or General Agents, Registered Representatives or Registered Investment Advisers shall continue under the Policyholder Optional Extended Reporting Period but only with respect to a Claim made during the Policyholder Optional Extended Reporting Period arising out of a Wrongful Act committed after the applicable Prior Acts Date but before the expiration of the Policy Period.
Deductible Self-insured Retention Amount $ e Coverage Type: Occurrence Claims-Made Prior Acts Date: f.
No Deductible shall apply to Claims made against the Insured and reported to the Company during the Unlimited Retirement Extended Reporting Period.The Unlimited Retirement Extended Reporting Period applies only if the Claim arises out of a Wrongful Act committed by such Insured on or after such Insured’s Individual Prior Acts Date and prior to the date such Insured retires or otherwise voluntarily ceases, permanently and totally, the Private Practice of Law, and not for Vicarious Liability.
Your Prior Acts Date (also commonly referred to as Retroactive Date) is the date you first became continuously insured, without any interruption, under any Agents Claims Made Errors and Omissions Professional Liability Policy.
Termination due to Retirement, Disability or Death Those insured Agents who terminate their contract due to Retirement, Disability or Death will be provided a conditional automatic unlimited ERP to report claims arising out of actual or alleged activities on or after your Prior Acts Date and prior to your Termination Date.