TUL definition
Examples of TUL in a sentence
The Certificate of Motor Insurance must be returned to TUL immediately.
In the event of failure, by the Broker, of payment to TUL within the agreed terms of credit, TUL will be entitled to approach the client directly for payment of the outstanding premiums and apply the provisions of any premium payment warranty.
In the event of protracted negotiations TUL may issue a debit note for a deposit premium.
Where under regulation a mandatory timetable exists for the issue of renewal documentation by either TUL or the Broker that timetable must be adhered to.
If the client does not renew the Broker must return or destroy any renewal documentation issued by TUL.
If TUL is not prepared to offer renewal for a policy the Broker will be notified accordingly.
The Broker has no authority to act on behalf of TUL in respect of claims, and in particular, is not authorised to commit TUL in any way or to arrange a claim settlement.
The Broker shall be acting as the agent of its clients, not TUL in relation to the preparation of all proposal forms, statements of fact, e-trading submissions, cover notes and other documentation relating to any insurance underwritten or placed by TUL.
TUL reserves the right to refuse any business introduced, including business offered through any electronic process for any failure to comply with the obligation of this clause.
Cover is not effective until the Broker is in receipt of written confirmation from TUL.