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A. both first made as a Claim against the Insured Definitions
and notified to the Company during the Period of
Insurance or (a) The words Nominated Representative shall mean
any Employee acting at the request order or
B. first made as a Claim against the Insured during direction of the Named Insured as a director
the Period of Insurance and notified to the officer or trustee of or in any managerial or
Company within thirty days after the end of the supervisory capacity of any Outside Entity
Period of Insurance
(b) The words Outside Entity shall mean any body
subject to the Special Conditions to this clause 3 of corporate trust association or committee
the Cover incorporated or domiciled in the Territorial Limits
existing for any profession trade or research
Limit Of Indemnity promotional training or charitable purpose carried
The Company's total liability in respect of indemnity out within the Territorial Limits and not under the
under this clause 3 of the Cover and under clause 5 authority and control of the Insured
and 6 of the Cover in any one Period of Insurance
shall not exceed the sum of £100,000 Special Condition
This clause 4 of the Cover shall be excess of any
Special Conditions other more specific insurance in force as well as any
indemnification available to such Employee from the
1. The amount of any loss of earnings shall be
agreed between the Company and the Insured Outside Entity Where such other insurance is provided
before any payment is made to a person on by The Travelers Companies Inc (or would be
whom notice has been served In calculating the provided except for the application of the retention
loss of earnings due to any such person there amount or the exhaustion of the limit of indemnity
shall be taken into account any sick pay sickness under such other insurance) then the total aggregate
benefit or other payment to which such person Limit of Indemnity for all Financial Loss covered by
may be entitled under any Social Security Act or virtue of this clause 4 of the Cover shall be reduced by
otherwise the limit of indemnity specified in the schedule of the
other insurance provided by The Travelers Companies
2. With the agreement of the Company in writing the Inc
Insured may make weekly payments to any
person on whom notice has been served on 5. Claimants' Costs and Expenses
account of loss of earnings as aforesaid but the The Company will indemnify the Insured subject to the
Company shall not be bound to reimburse the Limit of Indemnity against legal liability for claimants'
Insured in respect of such payments until the costs and expenses in connection with the indemnity
total amount due shall have been ascertained provided under clause 1 2 and 4 of the Cover
and agreed
The Company will indemnify the Insured subject to the
3. The Deductible shall not apply to this clause 3 of limit of indemnity stated in clause 3 of the Cover
the Cover against legal liability for claimants' costs and expenses
in connection with the indemnity provided under
4. Outside Entity Work clause 3 of the Cover
The Company will indemnify subject to the Limit of
Indemnity any Employee for all sums which they shall 6. Defence Costs and Expenses
become legally liable to pay as Compensation for The Company will indemnify the Insured in respect of
Financial Loss occasioned by an Error occurring after all
the Retroactive Date stated in the Schedule committed
by or alleged to have been committed by the (a) costs of legal representation reasonably incurred
Employee in the pursuit of their duties whilst in the with the Company's written consent at any
capacity of a Nominated Representative at the request proceedings in any court (other than in the
of the Named Insured of any Outside Entity even if defence of any criminal proceedings brought or in
such nomination by the Named Insured is an appeal against conviction arising from such
subsequently deemed ultra vires provided that any proceedings) in respect of any Error
Claim arising out of such Error is
(b) other costs and expenses reasonably incurred
A. both first made as a Claim against the Employee with the Company's written consent in relation to
and notified to the Company during the Period of any Error
Insurance or
which may be the subject of indemnity under clause 1
B. first made as a Claim against the Employee 2 and 4 of the Cover subject to the Limit of Indemnity
during the Period of Insurance and notified to the or which may be the subject of indemnity under clause
Company within thirty days after the end of the 3 of the Cover subject to the limit of indemnity stated
Period of Insurance in clause 3 of the Cover
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Casualty Policy Wording TRV0126 02/14 Policy Code 2010 05/12
