Beneficiary Designation and Change. Your beneficiary(ies) is (are) the person(s) designated by and on file with Us or Our administrator. You are over the age of majority and legally competent may change Your beneficiary designation at any time, unless an irrevocable designation has been made, without the consent of the designated beneficiary(ies), by providing Us or Our administrator with a written request for change. When the request is received, whether You are then living or not, the change of beneficiary will relate back to and take effect as of the date of execution of the written request, but without prejudice to Us on account of any payment made by it prior to receipt of the request.
Beneficiary Designation and Change. The Insured’s designated beneficiary(ies) is (are) the person(s) so named by the Insured for the Policyholder’s group life insurance policy as shown on the Policyholder’s records kept on that policy, unless the Insured has named a beneficiary specifically for this Policy as shown on the Policyholder’s records kept on this Policy. The Insured Dependent’s beneficiary is the Insured unless the Insured has named a different beneficiary(ies) for the Insured Dependent’s coverage as shown on the Policyholder’s records kept on this Policy. An Insured over the age of majority and legally competent may change his or her beneficiary designation or the beneficiary designation for an Insured Dependent’s coverage at any time, unless an irrevocable designation has been made, without the consent of the designated beneficiary(ies) or the Insured Dependent, by providing the Policyholder with a written request for change. When the request is received by the Policyholder, whether the Insured or the Insured Dependent is then living or not, the change of beneficiary will relate back to and take effect as of the date of execution of the written request, but without prejudice to the Company on account of any payment made by it prior to receipt of the request. If there is no designated beneficiary for an Insured’s coverage or no designated beneficiary for the Insured’s coverage is living after the Insured’s death, the benefits will be paid, in equal shares, to the survivors in the first surviving class of those that follow: the Insured’s (1) spouse; (2) children; (3) parents; or (4) brothers and sisters. If no class has a survivor, the beneficiary is the Insured’s estate. If no beneficiary for an Insured Dependent’s coverage is living on the date of the Insured Dependent’s death, the beneficiary is the Insured’s estate.
Beneficiary Designation and Change. The Insured’s designated beneficiary(ies) is (are) the person(s) so named by the Insured as shown on the records. An Insured over the age of majority and legally competent may change his or her beneficiary designation at any time, unless an irrevocable designation has been made, without the consent of the designated beneficiary(ies, by providing the Policyholder with a written request for change. When the request is received, whether the Insured is then living or not, the change of beneficiary will relate back to and take effect as of the date of execution of the written request, but without prejudice to the Company on account of any payment made by it prior to receipt of the request. If there is no designated beneficiary for an Insured’s coverage or no designated beneficiary for the Insured’s coverage is living after the Insured’s death, the benefits will be paid, in equal shares, to the survivors in the first surviving class of those that follow: the Insured’s (1) spouse; (2) children; (3) parents; or (4) brothers and sisters. If no class has a survivor, the beneficiary is the Insured’s estate.
Beneficiary Designation and Change. Your beneficiary(ies) is (are) the person(s) designated by and on file with Us or Our administrator. If You are over the age of majority and legally competent, You may change Your beneficiary designation at any time, unless an irrevocable designation has been made, without the consent of the designated beneficiary(ies), by providing Us or Our administrator with a written request for the change. When the request is received, whether You are then living or not, the change of beneficiary will relate back to and take effect as of the date of execution of the written request, but without prejudice to Us on account of any payment made by Us prior to Our receipt of the request. Excess Insurance: Insurance provided by this certificate shall be in excess of all other valid and collectible insurance or indemnity or as required by state law. If at the time of the occurrence of any loss there is other valid and collectible insurance or indemnity in place, We shall be liable only for the excess of the amount of loss, over the amount of such other insurance or indemnity, and applicable deductible. Recovery of losses from other parties does not result in a refund of premium paid. Clerical Error: We or Our authorized representative may make a clerical error in keeping the data. If so, when the error is found, the premium and/or benefits will be adjusted according to the correct data. An error will not end insurance validly in force, nor will it continue insurance validly ended. Concealment and Misrepresentation: The entire coverage will be void, if before, during or after a loss, any material fact or circumstance relating to this insurance has knowingly been concealed or has knowingly been misrepresented.
Beneficiary Designation and Change. The Insured’s designated beneficiary(ies) is (are) the person(s) so named by the Insured as shown on the Policyholder’s records kept on the Policyholder’s Group Life policy, unless the Insured has named a beneficiary specifically for this Policy. An Insured over the age of majority and legally competent may change his or her beneficiary designation at any time, unless an irrevocable designation has been made, without the consent of the designated beneficiary (ies), by providing the Policyholder with a written request for change. When the request is received by the Policyholder, whether the Insured is then living or not, the change of beneficiary will relate back to and take effect as of the date of execution of the written request, but without prejudice to the Company on account of any payment made by it prior to receipt of the request. If there is no designated beneficiary for an Insured’s coverage or no designated beneficiary for the Insured’s coverage is living after the Insured’s death, the benefits will be paid, in equal shares, to the survivors in the first surviving class of those that follow: the Insured’s (1) spouse;
Beneficiary Designation and Change. Your beneficiary(ies) is (are) the person(s) designated by and on file with Us or Our administrator. You are over the age of majority and legally competent may change Your beneficiary designation at any time, unless an irrevocable designation has been made, without the consent of the designated beneficiary(ies), by providing Us or Our administrator with a written request for change. When the request is received, whether You are then living or not, the change of beneficiary will relate back to and take effect as of the date of execution of the written request, but without prejudice to Us on account of any payment made by it prior to receipt of the request. SAMPLE ONLY Clerical Error: We or Our authorized representative may make a clerical error in keeping the data. If so, when the error is found, the premium and/or benefits will be adjusted according to the correct data. An error will not end insurance validly in force, nor will it continue insurance validly ended. Concealment and Misrepresentation: The entire coverage will be cancelled, if before, during or after a loss, any material fact or circumstance relating to this insurance has been concealed or misrepresented. Conformity with Statute: Terms of this policy that conflict with the laws of the state where it is delivered are amended to conform to such laws. Data Needed: We or Our authorized representative will keep a record of all the data needed to compute premium and carry out the terms of this policy. We may examine such data at any reasonable time. Economic or Trade Sanctions: Any payments under this policy will only be made in full compliance with all United States of America economic or trade sanction laws or regulations, including, but not limited to, sanctions, laws, and regulations administered and enforced by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”). Therefore, any expenses incurred or claims made involving travel that is in violation of such sanctions, laws and regulations will not be covered under this policy. For more information, You may consult the OFAC internet website at xxxxx://xxx.xxxxxxxx.xxx/about/organizational-structure/offices/Pages/Office-of-Foreign-Assets-Control.aspx.
Beneficiary Designation and Change. The “named member” may choose one or more beneficiaries. Forms may be requested for this purpose. Such forms shall be filed with the holder of the beneficiary records, National Adjustment Bureau. You may change beneficiaries at any time. The beneficiary’s consent is not required unless an irrevocable beneficiary has been named. The change will be effective only upon receipt by NAB (the holder) and it will take effect on the date you sign it. Any payment made by us in good faith prior to our receipt of any beneficiary change will end our liability to the extent of such payment. In the event that no beneficiary has been named, payment of death benefits will be issued to the decedent’s estate.
Beneficiary Designation and Change. The Insured’s designated beneficiary(ies) is (are) the person(s) so named by the Insured for the Policyholder’s group life insurance policy as shown on the Policyholder’s records kept on that policy, unless the Insured has named a beneficiary specifically for this Policy as shown on the Policyholder’s records kept on this Policy. The Insured Dependent’s beneficiary is the Insured unless the Insured has named a different beneficiary(ies) for the Insured Dependent’s coverage as shown on the Policyholder’s records kept on this Policy. The right to change of beneficiary is reserved to the Insured and the consent of the beneficiary or beneficiaries shall not be requisite to any change in beneficiary. If there is no designated beneficiary for an Insured’s coverage or no designated beneficiary for the Insured’s coverage is living after the Insured’s death, the benefits will be paid to the Insured’s estate. If no beneficiary for an Insured Dependent’s coverage is living on the date of the Insured Dependent’s death, the beneficiary is the Insured’s estate.
