Policy Liabilities

Policy Liabilities. Shall include, but not be limited to the following: (a) all Extra-Contractual Liabilities that arise related to Novated Policies before, on or after the Effective Date; (b) all liabilities and obligations for premium taxes arising on account of any premiums with respect to coverage under the Novated Policies before, on or after the Effective Date; (c) all liabilities and obligations for returns or refunds of premiums (irrespective of when due) with respect to coverage under the Novated Policies... before, on or after the Effective Date; (d) any assessment required by any insurance guaranty, insolvency or other similar fund maintained by any jurisdiction relating to the Novated Policies assessed or imposed on the basis of premiums with respect to coverage under the Novated Policies before, on or after the Effective Date; and (e) all liabilities and obligations for payments to any insurance brokers or agents, if any, due and payable with respect to the Novated Policies to or for the benefit of such insurance brokers or agents to the extent that such amount is attributable to premiums with respect to coverage under the Novated Policies before, on or after the Effective Date View More