Thousand Dollars ($100,000) For Any One Agreement Year.

suck thousand dollars ($100,000) for both one Agreement Year. If the bar due to the Company for the Reinsurers? liability hereunder is in wastefulness of fifty thousand dollars ($50,000), the Reinsurers will, upon receipt of proof of loss, remit the gist due indoors ten (10) working days. ARTICLE 7 ? OFFSET The Company or the Reinsurer shall have, and may exercise at any time and from time to time, the right to offset any balance or balances, whether on account of premiums or on account of losses or otherwise, due from one caller to the other under the terms of this Agreement. ARTICLE VII - property CALLS A.

In the event a negative balance results in any one month (claims exceed premiums collected), and/or in the event the claims fund (if any) is depleted, the Company may make an speedy cash call upon the Reinsurer. The Reinsurer agrees to make payment to the Company within five (5) business days after the Reinsurers receipt of the cash call. B. The Company ma...If you want to get a full essay, order it on our website: Ordercustompaper.com

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