Common use of CHANGE OF PLAN OR DEDUCTIBLE Clause in Contracts

CHANGE OF PLAN OR DEDUCTIBLE. When the policyholder request to change a product or plan, the following conditions apply: (a) The benefits earned by seniority of the insured will not be affected as long as the new product or plan contemplates them. If the previous product or plan did not include a benefit included in the new product or plan, the specific waiting period established in the Benefits Table of the Policy Cover must be met.

Appears in 2 contracts

Sources: Insurance Policy, Insurance Policy

CHANGE OF PLAN OR DEDUCTIBLE. When the policyholder request to change a product aproduct or plan, the following conditions apply: (a) The benefits earned by seniority of the insured will not be affected as long as the new product or plan contemplates them. If the previous product or plan did not include a benefit included in the new product or plan, the specific waiting period established in the Benefits Table of the Policy Cover must be met.

Appears in 2 contracts

Sources: Insurance Policy, Insurance Agreement