Duration of the Insurance. The insurance is stipulated for the period of time pro- vided for in the Specific Terms and Conditions, and upon expiry, pursuant to article 22 of the Law, it shall be tacitly renewed for annual periods. However, any of the parties can oppose such extension through written notification to the other party, provided at least two months in xx- xxxxx in the case of the Insurer and one month in advance in the case of the Policyholder when the Insurance period under way ends. In the event that the Insured is hospitalized at the time, the notification made by the Insurer opposing the renewal of the Policy shall not take effect with respect to said Insured, until the date on which the Insured is discharged from hospital, unless the Insu- red waives the right to continue treatment. El Seguro se estipula por el periodo de tiempo previs- to en las Condiciones Particulares, y a su vencimiento, de conformidad con el artículo 22 de la Ley, se prorro- gará tácitamente por periodos anuales. No obstante cualquiera de las partes podrá oponerse a la prórroga mediante notificación escrita a la otra, efectuada con una antelación no inferior a un mes por parte del Tomador y dos meses por parte de la Aseguradora, a la fecha de conclusión del periodo de Seguro en curso. Si el Asegurado se encontrase hospitalizado, la comu- nicación efectuada por la Aseguradora oponiéndose a la prórroga de la Póliza no surtirá efectos respecto de dicho Asegurado, hasta la fecha en que obtuviere el alta médica hospitalaria, salvo renuncia del Asegu- rado a seguir el tratamiento.

Duration of the Insurance. The insurance is valid for one year at a time and will automatically be renewed on the renewal date, unless otherwise stated in the insurance contract.

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Duration of the Insurance. Duración del Seguro. 9

Duration of the Insurance. The insurance is stipulated for the period of time provided for in the Specific Terms and Conditions, and upon expiry, pursuant to article 22 of the Act, it shall be tacitly renewed for annual periods. Notwithstanding, either of the parties may op- pose renewal by means of written notification sent to the other party, no less than two months in advance of the date of conclusion of the Insurance period in course. Notification by the Policyholder is to be made to the Insurer. When notification has been given as stipulated herein, the contract shall expire at the end of the period agreed to in the Specific Terms and Conditions or at the end of the corresponding annual renewal period, whichever the case may be.

Duration of the Insurance. The insurance is effective from the moment the insured employee begins his employment (is listed on the payroll). The insurance is terminated at the moment the insured employee leaves his employment (when his name is taken of the payroll).

Related to Duration of the Insurance

The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies shall contain provisions that specify that the policies are primary and shall apply to such extent without consideration for other policies separately carried and shall state that each insured is provided coverage as though a separate policy had been issued to each, except the insurer’s liability shall not be increased beyond the amount for which the insurer would have been liable had only one insured been covered. Each Party shall be responsible for its respective deductibles or retentions.
The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies, if written on a Claims First Made Basis, shall be maintained in full force and effect for two (2) years after termination of this LGIA, which coverage may be in the form of tail coverage or extended reporting period coverage if agreed by the Parties.
Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.
PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.
Professional Liability Insurance (if Applicable) $1,000,000 per occurrence limits of liability or whatever limit is customarily carried by the Contractor, whichever is greater, for design, design-build or any type of professional services with a minimum of three (3) years reporting of claims following completion of the project.
Additional Life Insurance All eligible employees shall be permitted to purchase term life insurance in addition to the amount provided by the Board in paragraph C. of this Article.
Insurance Terms and Conditions Company must maintain the following limits and coverages uninterrupted or amended through the term of this Agreement. In the event Company becomes in default of the following requirements, Authority reserves the right to take whatever actions it deems necessary to protect its interests. Required liability policies other than Workers’ Compensation / Employer’s Liability will provide that Authority, members of Authority’s governing body, and Authority’s officers, volunteers and employees are included as additional insureds.
Optional Life Insurance The State shall make available optional term-life insurance to employees. The cost will be paid by the employee on a payroll deduction basis. The available coverage will be at least two (2) times the employee’s salary. No evidence of insurability will be required if an adequate number of employees participate. The State will explore smoker/non-smoker rates and spousal coverage.
FDIC Insurance For any deposit accounts you open, the FDIC requires Bank to disclose, and you hereby acknowledge, that deposits held by Evolve Bank & Trust are insured up to $250,000 federal deposit insurance limit, per depositor for each ownership category.
Crime Insurance Contractor shall maintain during the term of the Contract Crime Insurance on a “loss sustained form” or “loss discovered form,” and coverage must include the following:  The policy must allow for reporting of circumstances or incidents that might give rise to future claims.  The policy must include an extended reporting period of no less than one (1) year with respect to events which occurred but were not reported during the term of the policy.  Any warranties required by the Contractor’s insurer as a result of this Contract must be disclosed and complied with. Said insurance shall extend coverage to include the principals (all directors, officers, agents and employees) of the Contractor as a result of this Contract.  The policy shall include coverage for third party fidelity and name “The People of the State of New York, the New York State Office of General Services, any entity authorized by law or regulation to use this Contract as an Authorized User and their officers, agents, and employees” as “Loss Payees” for all third party coverage secured. This requirement applies to both primary and excess liability policies, as applicable.  The policy shall not contain a condition requiring an arrest and conviction.  The policy shall include coverage for computer crime/fraud.

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