ALTERTECH SOLUTIONS, LLC - Laserfiche WebLink

Home Browse Search

0 cfc 7. Continuous cover In respect of INSURING CLAUSESI and 6 (SECTION G only), if during the period of a previous renewal of this Policy you neglected, through error or oversight only, to report to us an incident that might give rise to a claim, then provided you have maintained uninterrupted insurance of the same type with us since expiry of the previous renewal of this Policy, We will permit the incident to be reported to us under this Policy and we will indemnify you under this Policy in respect of any claim that arises out of the incident, provided: a. the indemnity will be subject to the applicable limit of liability of the previous renewal of this Policy under v:hich the incident should have been reported to us or the applicable limit of liability, whichever is the lower; In. we may reduce the indemnity entitlement by the monetary equivalent of any prejudice which has been suffered as a result of the delayed notification; and c. the indemnity will be subject to all other terms and conditions of this Policy. We require you to provide full details of the incident, including but not limited to: a. the time, place and nature of the incident; I the manner in whichyou first became aware of this incident; c. reasons why you believe that this incident could give rise to a claim; d. the identity of the potential claimant; and e. an indication as to the size of the claim that could result from this incident. For the avoidance of doubt, this Condition only applies to incidents that might give rise to a claim- B. Cross liability and severability In respect of INSURING CLAUSE 6 only, where there is more than one entity insured under this Policy, and subject to the limit of liability, any claim made by one insured entity against another insured entity will be treated as if they are a third party and knowledge possessed by one insured entity will not be imputed to any other insured entity. 9. Dispute resolution All disputes or differences between you a•nd Lisviill be referred to mediation or arbitration and "vill take place in the country of registration of the company named as the insured in the Declarations page. In respect of any arbitration proceeding. We will follov, the applicable rules of the arbitration association in the country where the company stated as the insured in the Declarations page is registered, the rules of which are deemed incorporated into this Policy by reference to this Condition. Unless the applicable arbitration association rules state otherwise, a single arbitrator will be appointed who will be mutually agreed between you and us. If you and we APPROVED By Cynthia Mora at 92:28 pm, Nov 14, 2024