- Notice of Occurrence, which occurs when the insured becomes aware that an injury has occurred as a result of acts covered under the contract. The insured must notify the insurance company promptly.
- Notice of Claim, which occurs whenever the insured receives notice that a claim or suit is being instituted. Prompt notice must be sent by the insured to the insurance company.
- Assistance of the insured occurs when the insured must cooperate with the insurance company and render any help necessary to settle a settlement.
- Other insurance is when and if the insured has pertinent insurance policies with other insurance companies.
- Assignment is the protections contracted for and by the insured that may not be transferred unless the insurance company grants permission.
- Subrogation is the right of a person who pays another’s debt to be substituted for all rights in relation to the debt.
- Changes is when the insured cannot make changes in the policy without the written consent of the insurance company.
- Cancellation is the conditions and procedures necessary for the insured or the insurer to cancel the liability policy.
