The Standard Insurance Policy of Professional Indemnity for Auditors of the Entities Supervised by the CMA

Policy Schedule: The schedule annexed to the Policy containing information about the Insured; which is considered an integral part of the Policy. جدول الوثيقة : الجدول المرفق بالوثيقة والمتضمن بيانات المؤمن له، ويعتبر ًجزءا لا يتجزأ منها. Page 6 of 22 Article Three Insurance Coverage التغطية التأمينية المادة الثالثة First: Insurance coverage period shall start in accordance to the Policy’s terms and conditions as follows: 1. In case the Policy is being issued and renewed by the same Company without interruption to the insurance coverage: The Company must provide Retroactive Insurance coverage starting from the inception date of the first Policy being issued by the Company until the expiry date of the last Policy being issued by the Company. 2. In case the Policy is being issued by a new Company without interruption in the insurance coverage : a. In case there are previous insurance coverage for a period less than three years: The Company must provide Retroactive Insurance coverage starting from the inception date of the first policy issued by the previous company/companies;