Excess policy definition

Excess policy means a policy that protects a person against loss in excess of a stated amount or in excess of coverage provided pursuant to another insurance contract.
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Excess policy means a policy that provides insurance
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Excess policy means together that certain Excess Representations and Warranties Liability Policy issued to Buyer by Chubb Bermuda Insurance Ltd., policy number FIT-14323D; and Excess Representations and Warranties Liability Policy issued to Buyer by Iron-Starr Excess Agency Ltd., policy number ISF0004193.
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Examples of Excess policy in a sentence

  • Any Excess Policy or Deductible Buy-Back Policy that requires individual ratemaking, as determined by the FHCF.

  • This Agreement shall protect the Company where the Ultimate Net Loss includes Extra Contractual Obligations or Excess Policy Limits.

  • Any Excess Policy or Deductible Buy-Back Policy that requires individual ratemaking.

  • Furthermore, the Reinsurer shall be liable for their share of the Reinsured’s claims related Extra Contractual Obligations and claims related Excess Policy Limits Liability in accordance with the Original Reinsurance Contracts.

  • AISLIC, Gulf and the Insured Defendants agree that this Agreement shall not constitute, nor be construed as: (i) an admission by AISLIC, Gulf or the Insured Defendants of any liability by any of the Insured Defendants in connection with the Action; (ii) an admission by AISLIC that it has any liability for coverage under the AISLIC Primary Policy; or (iii) an admission by Gulf that it has any liability for coverage under the Gulf Excess Policy.

  • Except as provided in this Agreement, by entering into this Agreement, XXXX agrees that MID-CONTINENT is relieved of any and all responsibility under the Primary Policy and the Excess Policy for the Wildfires.

  • Once this right has been exercised and the Company has issued the Reinstatement Excess Policy in accordance therewith, there shall be no right to purchase a further or additional reinstatement of the Limit of Liability.

  • The reinstatement shall be effected by issuance of an excess policy ("Reinstatement Excess Policy") which shall follow the form of this Policy, except as otherwise provided herein.

  • The limit of liability in the Reinstatement Excess Policy shall be equal to the Limit of Liability set forth in Item 3 of the Declarations.

  • XXXX has requested that MID-CONTINENT enter into this Agreement, and it understands the implications on its right to receive defense and indemnity benefits under the Primary Policy and the Excess Policy, and it understands the implications of this Agreement.


More Definitions of Excess policy

Excess policy means a policy issued to provide limits in excess of an underlying liability policy
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Excess policy has the meaning set forth in Section 7.13(b).
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Excess policy means the excess Directors and Officers Liability insurance policy No. HS627127 issued by RSUI Indemnity Company, under which the Excess Insurer disclaimed any obligation to provide coverage for settlement of the Securities Litigation.
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Related to Excess policy

  • Reimbursement insurance policy means a policy of insurance

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Blanket insurance policy means a group policy covering a defined class of

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Rates Policy means the policy on the levying of rates on rateable properties of the CEDERBERG MUNICIPALITY contemplated in chapter 2 of the Municipal Property Rates Act.

  • R&W Policy means that certain representations and warranties insurance policy issued by the R&W Insurer to the Buyer.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Policy means Related Party Transaction Policy.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Applicable Policy means any rules, policies, directives, standards of practice or Program Parameters issued or adopted by the LHIN, the MOHLTC or other ministries or agencies of the province of Ontario that are applicable to the HSP, the Services, this Agreement and the parties’ obligations under this Agreement during the term of this Agreement. Without limiting the generality of the foregoing, Applicable Policy includes the other documents identified in Schedule C;

  • Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.

  • Insurance premium finance company means a person engaged in the business of

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)