Terms and Conditions Erasmus Mundus 2010
The purpose of this insurance is to fulfil the minimum required level of the obligatory insurance coverage for eligible candidates who have received a Community grant to study in an Erasmus Mundus Action 1 and Action 2 project.
Document information
Typ av dokument: Terms and Conditions
Valid from: 2010-01-01
Sender: Insurance Department
Number of pages in print: 9
6 Third-party liability cover
In the event that the scholarship holder is subject to a claim in damages due to an event which has occurred during the policy term, Kammarkollegiet undertakes vis-à-vis the scholarship holder to:
-
Investigate whether liability in damages exists.
-
Negotiate with the other party.
-
Represent the scholarship holder in proceedings before courts of law or arbitral proceedings and, in such context, pay the litigation or arbitration costs which the scholarship holder incurs or is required to pay and which cannot be received from the other party or a third party.
-
Pay the damages that the insured is liable to pay according to applicable tort law, however, not exceeding EUR 1,000,000.
Notes
The insurance cover is not limited to claims against the scholarship holder as a private person. This entails that the cover also includes claims against the insured as a scholarship holder.
Scholarship holders have round-the-clock cover against financial consequences of third party liability, by virtue of the legislation or case-law of the host country, occasioned by physical or material damage to third parties.
In all cases, this cover extend to the scholarship holders host higher education institutions where the scholarship holders action may devolve third-party liability to them.
Instructions
Kammarkollegiet shall not be bound by the scholarship holders undertaking in advance to compensate any loss, admission of liability in damages, or approval of compensation claims. Where claims are made, the scholarship holder shall refer to the liability insurance with Kammarkollegiet. The scholarship holder should note the name, address, and telephone number of witnesses and other persons who can provide information regarding the event.