Common use of CHANGE OF BENEFICIARY Clause in Contracts

CHANGE OF BENEFICIARY. 18.1 The policyholder has the authority to appoint another beneficiary during the life of the insured person.. However, if the beneficiary has declared, with the written consent of the policyholder, that he accepts the benefit of the contract, the policyholder can exercise his rights under the contract only with the cooperation of the beneficiary, who has so accepted. The change will take effect from the moment that the insurer has noted this on the policy.

Appears in 21 contracts

Samples: Life Insurance Policy, Taf Personal Life Insurance, Life Insurance Policy

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CHANGE OF BENEFICIARY. 18.1 16.1 The policyholder has the authority to appoint another beneficiary during the life of the insured person.. However, if the beneficiary has declared, with the written consent of the policyholder, that he accepts the benefit of the contract, the policyholder can exercise his rights under the contract only with the cooperation of the beneficiary, who has so accepted. The change will take effect from the moment that the insurer has noted this on the policy.

Appears in 8 contracts

Samples: Taf Personal Life Insurance, Insurance Policy, Insurance Policy

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CHANGE OF BENEFICIARY. 18.1 The policyholder has the authority to appoint another beneficiary during the life of the insured person.. . However, if the beneficiary has declared, with the written consent of the policyholder, that he accepts the benefit of the contract, the policyholder can exercise his rights under the contract only with the cooperation of the beneficiary, who has so accepted. The change will take effect from the moment that the insurer has noted this on the policy.

Appears in 3 contracts

Samples: Taf Personal Life Insurance, Taf Personal Life Insurance, Taf Personal Life Insurance

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