Examples of Insured Individual in a sentence
Maximum liability of the Company under all such Claims during the Policy Period shall be the Sum Insured (Individual or Floater) opted and specified in the Schedule.
Maximum liability of the company shall be the Sum Insured (Individual) opted as specified in the Certificate of Insurance.
This right to elect any Extended Reporting Period shall lapse unless written notice that it is being elected, together with payment of the additional premium due, is given by the Policyholder or Insured Individual and is received by the Insurer within sixty (60) days following the effective date of cancellation or nonrenewal, as appropriate.
Such Loss shall be covered under this Policy only if and to the extent that such Loss would be covered under this Policy if incurred by the Insured Individual.
Unless otherwise provided for by endorsement to this Policy, the Retention set forth in Item 4 (B) of the Declarations shall apply to any Claims made against the Policyholder and any Claims made against an Insured Individual, other than those Claims to which the Retention amount set forth in Item 4(A) of the Declarations applies according to the proceeding sentence of this paragraph.