By asking us to offer and arrange insurance, you are giving your informed consent to these conditions. If you do not want to be subject to these terms, you should not order us to set up, renew or meet your insurance needs. In some sections of the insurance, the rights are subject to a deductible. This means that you are responsible for the payment of part of the claim or that a given period will be deducted from the calculation of the settlement of claims. The amount you have to pay is the deductible. However, certain types of guidelines may allow customers to acquire a self-reserved waiver for certain parts of the directive. You and any person on wholly you purchased our insurance must be permanently resident in the United Kingdom, unless otherwise agreed. 5.5 The Member may not defer its payment obligations or account for them by its own claims on the RIPE NCC. In that judgment, the General Court rejected the argument of the company and the manager that the deductible insurer must pay as soon as the insureds have incurred costs in excess of the underlying limits. The General Court held that `Section II.E of the Franchise Directive is a subjunctive construct which prohibits applicants from simply choosing to pay the limit and avoid determining the liability [of the original insurer]`. Until the company and the manager (1) had paid an amount equal to the limits of the underlying policy and (2) obtained a judgment against the original insurer or a payment agreement, the court decided that the franchise insurer had no obligation to the company or manager and that, therefore, the parties had no interest.
This Agreement sets out the terms under which Ripe Insurance Services Limited agrees to negotiate. It also identifies your own responsibilities to us as well as to insurers and defines our regulatory and legal obligations. Please contact us immediately if there is anything in these conditions that you do not agree with or do not understand. How will technology providers design the 2021 sustainability agenda? Join Citrix and other expert panelists to learn how technology can play a role in the insurance industry`s transition to a net-zero economy. Retail: you must take the utmost care not to make false statements to the insurer. This means that all the answers you make and make statements as part of your insurance application, including when extending and if a change to your policy is necessary, must be honest and accurate and complete answers must be provided with relevant details. If you are not sure if a fact is relevant, please let us know. If you deliberately or negligently inform the insurers, the insurers may have the right to impose other conditions, reduce the amount of a right to pay or avoid (terminate) the insurance contract from the outset, and in this case, all claims arising from the contract would not be paid. Commercial: If the insurance is wholly or primarily arranged for purposes related to your business, business or professional activity, the Insurance Act 2015 requires you to expose the risk fairly. . . .