Common use of Advantage and acceptance Clause in Contracts

Advantage and acceptance. 10.1 The insured amounts owed by the insurer on account of the insurance will be paid out to the beneficiary or beneficiaries specified in the policy. 10.2 If more than one beneficiary has been designated, higher numbered beneficiaries will only be eligible if all lower numbered beneficiaries are absent, have died or refuse to accept the benefit. Equally numbered beneficiaries are eligible jointly. 10.3 If a beneficiary dies before a payment for which he has been designated becomes due and payable, his right does not pass to his heir or successor in title. 10.4 If two or more beneficiaries are jointly eligible, the insurer shall only be obliged to pay a single amount against joint discharge. 10.5 A beneficiary is unworthy of receiving the benefit if the beneficiary has deliberately or recklessly caused or participated in the risk of death. 10.6 The following definitions shall apply to the beneficial entitlement referred to in the policy: a. Spouse: The spouse at the time of death; b. Registered partnership: The registered partner at the time of death;

Advantage and acceptance. 10.1 8.1 The insured amounts owed by the insurer on account of the insurance will be paid out to the beneficiary or beneficiaries specified in the policy. 10.2 8.2 If more than one beneficiary has been designated, higher numbered beneficiaries will only be eligible if all lower numbered beneficiaries are absent, have died or refuse to accept the benefit. Equally numbered beneficiaries are eligible jointly. 10.3 8.3 If a beneficiary dies before a payment for which he has been designated becomes due and payable, his right does not pass to his heir or successor in title. 10.4 8.4 If two or more beneficiaries are jointly eligible, the insurer shall only be obliged to pay a single amount against joint discharge. 10.5 8.5 A beneficiary is unworthy of receiving the benefit if the beneficiary has deliberately or recklessly caused or participated in the risk of death. 10.6 8.6 The following definitions shall apply to the beneficial entitlement referred to in the policy: a. Spouse: The spouse at the time of death; b. Registered partnership: The registered partner at the time of death;

Advantage and acceptance. 10.1 The insured amounts owed by the insurer on 7 account of the insurance will be paid out to the beneficiary or beneficiaries specified in the policy. 10.2 If more than one beneficiary has been designated, higher numbered beneficiaries will only be eligible if all lower numbered beneficiaries are absent, have died or refuse to accept the benefit. Equally numbered beneficiaries are eligible jointly. 10.3 If a beneficiary dies before a payment for which he has been designated becomes due and payable, his right does not pass to his heir or successor in title. 10.4 If two or more beneficiaries are jointly eligible, the insurer shall only be obliged to pay a single amount against joint discharge. 10.5 A beneficiary is unworthy of receiving the benefit if the beneficiary has deliberately or recklessly caused or participated in the risk of deathdeath and the insurer is aware of this. 10.6 The following definitions shall apply to the beneficial entitlement referred to in the policy: a. Spouse: The spouse at the time of death; b. Registered partnership: The registered partner at the time of death;

Advantage and acceptance. 10.1 The insured amounts owed by the insurer on account of the insurance will be paid out to the beneficiary or beneficiaries specified in the policy. 10.2 If more than one beneficiary has been designated, higher numbered beneficiaries will only be eligible if all lower numbered beneficiaries are absent, have died or refuse to accept the benefit. Equally numbered beneficiaries are eligible jointly. 10.3 If a beneficiary dies before a payment for which he has been designated becomes due and payable, his right does not pass to his heir or successor in title. 10.4 If two or more beneficiaries are jointly eligible, the insurer shall only be obliged to pay a single amount against joint discharge. 10.5 A beneficiary is unworthy of receiving the benefit if the beneficiary has deliberately or recklessly caused or participated in the risk of deathdeath and the insurer is aware of this. 10.6 The following definitions shall apply to the beneficial entitlement referred to in the policy: a. Spouse: The spouse at the time of death; b. Registered partnership: The registered partner at the time of death;

Advantage and acceptance. 10.1 The insured amounts owed by the insurer on account of the insurance will be paid out to the beneficiary or beneficiaries specified in the policy. 10.2 If more than one beneficiary has been designated, higher numbered beneficiaries will only be eligible if it is determined that all lower numbered beneficiaries are absent, have died or refuse to accept the benefit. Equally numbered beneficiaries are eligible jointly. 10.3 If a beneficiary dies before a payment for which he has been designated becomes due and payable, his right does not pass to his heir or successor in title. 10.4 Equally numbered beneficiaries are eligible jointly. 10.5 If two or more beneficiaries are jointly eligible, the insurer shall only be obliged to pay a single amount against joint discharge. 10.5 10.6 A beneficiary is unworthy of receiving the benefit if the beneficiary has deliberately or recklessly caused or participated in the risk of death. In such case the benefit of the insurance expires. 10.6 10.7 The following definitions shall apply to the beneficial entitlement referred to in the policy: a. Spouse: The spouse at the time of death; b. Registered partnership: The registered partner at the time of death;

Advantage and acceptance. 10.1 8.1 The insured amounts owed by the insurer on account of the insurance will be paid out to the beneficiary or beneficiaries specified in the policy. 10.2 8.2 If more than one beneficiary has been designated, higher numbered beneficiaries will only be eligible if all lower numbered beneficiaries are absent, have died or refuse to accept the benefit. Equally numbered beneficiaries are eligible jointly. 10.3 8.3 If a beneficiary dies before a payment for which he has been designated becomes due and payable, his right does not pass to his heir or successor in title. 10.4 8.4 If two or more beneficiaries are jointly eligible, the insurer shall only be obliged to pay a single amount against joint discharge. 10.5 8.5 A beneficiary is unworthy of receiving the benefit if the beneficiary has deliberately or recklessly caused or participated in the risk of deathdeath and the insurer is aware of this. 10.6 8.6 The following definitions shall apply to the beneficial entitlement referred to in the policy: a. Spouse: The spouse at the time of death; b. Registered partnership: The registered partner at the time of death;