SPECIMEN ONLY COMPLETE COVER - `ADD ON' TO TRAVEL INSURANCE POLICIES CONFERENCE & EVENT ORGANISERS SCHEDULE Policy Numer: Policyholder: Certificte of Insurnce: PPIP(E) Period of Insurnce: Finncil Loss: Sum Insured: Territoril Limits: Premium: 12 months t To indemnify the Insured nd their Attendees in respect of their net scertined finncil loss sustined rising from the cncelltion or curtilment of the declred trvel rrngements for the conference or event rising solely from the event of the insolvency of the Key Providers on which such trvel depends. Up to nd not exceeding 2,000 in respect of ny one Insured Person nd/or Attendee. World-wide As per IPP Deit Note Specil Conditions: 1 Insured ccepts confirmtion nd deposit receipt s sis for cover. 2 This Insurnce hs een purchsed y the Policyholder for nd on ehlf of the Insured nd their Attendees solely for their enefit. Insurer(s): A consortium of Assocition of British Insurers Memer compnies Signed for nd on ehlf of Pnel of Insurers. Director:...
SPECIMEN ONLY PASSENGER PROTECTION INSURANCE POLICY PPIP(E) This Policy, the Schedule, Confirmtion nd Receipt nd Proposl, shll e red together s one Contrct nd ny word or expression to which specific mening hs een ttched in ny prt of this Policy or Schedule shll er such specific mening wherever it my pper. Wheres the policyholder nmed in the Schedule hereto (hereinfter clled "The Policyholder") hs y Proposl nd Declrtion nd/or ny other sttement in writing which shll form the sis of the Contrct nd e deemed to e incorported herein, pplied to the Insurers nmed in the Schedule (hereinfter clled "The Insurers") for the Insurnce hereinfter contined nd hs pid the premium s considertion for such Insurnce. Insurers gree to indemnify the Insured nd their invited Attendees suject to the terms nd conditions contined herein or endorsed hereon ginst their net scertined finncil loss sustined or incurred during the Period of Insurnce rising solely in the event of the insolvency of the Key Providers. PROVIDED ALWAYS THAT: 1 Insurers liility shll in no cse exceed the sum insured stted in the Schedule. WARRANTIES It is wrrnted y the Policyholder s term nd condition of this Policy tht t inception of this Insurnce: 1 The Policyholder hs truthfully declred ll mteril fcts hving diligently mde ll necessry enquiries to estlish those fcts likely to influence prudent Underwriter in determining: whether or not to ccept the risk the premium c ny conditions, exclusions nd limittions. 2 The Policyholder hs no knowledge or informtion of mtter, fct or circumstnce which is likely to give rise to loss hereunder. EXCLUSIONS The Insurers shll not e lile in respect of ny loss directly or indirectly cused y, consequent upon, contriuted to, or resulting from ny of the following: 1 Actul or thretened wr invsion cts of foreign enemies hostilities or wrlike opertions (whether wr e declred or not) civil wr reellion revolution insurrection civil commotion ssuming the proportions of or mounting to n uprising militry or usurped power mrtil lw confisction or ntionlistion or requisition or destruction of or dmge to property y or under the order of ny Government or pulic or locl uthority; 2 Civil commotion ssuming the proportions of or mounting to populr rising riot, strike, lockouts, mrtil lw or the ct of ny lwfully constituted uthority 3 Any loss which t the time of the hppening of such loss is insured or gurnteed y or would ut for the existence of the Policy e insured or gurnteed y ny other existing Policy, Policies or ond or is cple of recovery pursunt to ny other legl rights of the Insured Person.
4 Any loss sustined y the Insured where the Confirmtion nd Receipt or evidence of coverge ws effected fter the dte of insolvency of the Key Providers or ny of them. CONDITIONS 1 If the Insured or Attendee shll mke ny clim knowing the sme to e flse or frudulent, the coverge fforded under this insurnce shll ecome null nd void nd ll clims hereunder shll e forfeited. 2 In the event of ny hppening likely to give rise to clim the Insured person(s) shll: Give immedite notifiction (ut in no event lter thn 14 dys) to Interntionl Pssenger Protection Ltd (Clims Office) IPP House, 22-26 Sttion Rod, West Wickhm, Kent BR4 0PR United Kingdom. c d Mke no dmission of liility without the prior written consent of the Insurers. Prove the loss to the stisfction of the Insurers. Assist in the ssessment of ny clim under this Policy y producing for inspection ll ooks nd documents nd giving ll informtion nd explntions which re resonly necessry to estlish nd ssess indemnity hereunder. 3 Any frud, misrepresenttion, misdescription or non-disclosure in ny mteril prticulr either in the Proposl on which this Policy is sed or in reltion to ny other mtter ffecting this Insurnce shll render this Policy null nd void nd ll clims hereunder shll e forfeited. 4 If the premium in the Schedule is suject to djustment, the Policyholder shll keep the record necessry to enle the premium to e djusted on the sis specified in the Schedule nd shll t ll resonle times permit the Insurers representtives to exmine nd verify such records. At the end of ech period specified in the Schedule nd t the expiry of this Policy the Policyholder shll declre to the Insurers such prticulrs for premium djustment nd py ny dditionl premium due. 5 Insurers shll e entitled to tke over nd conduct in the nme of the Policyholder or the Insured Person(s) ut t its own expense, the defence of ny clim or to prosecute for its own enefit, ny clim for indemnity or dmges. 6 This Policy shll e governed y the Lws of Englnd whose Courts shll hve jurisdiction in ny dispute rising hereunder. 7 Mintennce of Records Cluse The Policyholder shll mintin dequte records in connection with the suject mtter insured nd such records will e ville to the Insurers upon resonle notice to the Policyholder. 8 No provision or condition of this Policy my e wived or modified except y n endorsement signed y n uthorised officil on ehlf of the Insurers. DEFINITIONS Insured Person(s) Mens the orgnistion nmed on the Certificte of insurnce on whose ehlf the trvel rrngements for conference or event re orgnised. Attendee(s) Mens ny person(s) invited y the Insured to ttend the conference or event. Insolvency
Mens 1 A petition hs een presented to the Court for the compulsory winding up of the Key Providers; 2 The Key Provider(s) convenes meeting of its Creditors informlly or otherwise for the purpose of considering n rrngement with such Creditors pursunt to the provisions of Section 588 of the Compnies Act 1985 (Insolvency Act 1986) or ny sttutory modifiction or re-enctment thereof; 3 A Receiver is ppointed over ny of the property or ssets of the Key Provider(s); 4 The Key Provider(s) stops pyment of its dets or is unle to py its dets within the mening of Section 518 of the compnies Act 1985 or ceses to crry on its usiness s result of eing unle to py its dets s they fll due. or 5 The sttutory equivlent to prgrphs (1)-(4) ove previling in the territory in which the Key Provider is not suject to UK jurisdiction. Net Ascertined Finncil Loss Mens 1 In the event of insolvency of Key Provider prior to deprture Any irrecoverle sums pid in dvnce in respect of the Trvel Contrct. 2 In the event of insolvency of the Key Provider fter deprture either or Resonle costs incurred y the Insured, in replcing tht prt of the Trvel Contrct to similr stndrd s previously included. Where curtilment of the trvel rrngements is unvoidle, the cost of return trnsport for the Insured nd its Attendee, to the destintion in the UK to similr stndrd s previously included.
The Insurnce does not: 1 provide ny indemnity, where there is ond or other insurnce lredy in force in respect of Key Provider notwithstnding tht pyment thereunder is indequte to meet the Insured's clim. 2 cover ny Key Provider who is in insolvent dministrtion under Chpter 11 (or similr under lw) t the time of issue of this Certificte. This insurnce only covers the following: 1 Scheduled Airlines nd/or Shipping Line - All monies pid to the Scheduled Airline nd/or Shipping Line within 45 dys of the scheduled dte of deprture from the UK. 2 Hotels nd/or Conference Centre - nd Deposits up to 10% of the totl hotel costs pid in dvnce to the hotel up to 6 months, efore the dte of commencement of the conference or event. A further pyment of up to 90% of the totl hotel costs pid on the dte of commencement or within 14 dys of the commencement of the conference or event. 3 Destintion Mngement Compny - nd Deposits up to 20% of the totl contrct pyle to the Destintion Mngement Compny pid in dvnce up to 6 months efore the scheduled dte of deprture from the UK. A further pyment of up to 30% of the totl contrct pyle to the Destintion Mngement Compny on the commencement dte of the conference or event. This insurnce expressly does not cover ny sums due nd pyle to Key Provider retined y the Insured, or ny person on its ehlf t the end of conference or event. Trvel Contrct the trvel contrct for trvel rrngements to or from n orgnised conference or event, orgnised on ehlf of n Insured, which my tke plce in the UK or elsewhere ut which commences in nd returns to destintion in the UK. Deprtures from more thn one loction to the sme conference nd event constitute one Trvel Contrct. Key Provider Mens Scheduled Airline or Shipping Line or Hotel or Destintion Mngement Compny, which is supplying n essentil prt of Trvel Contrct.