Common use of Complete Discharge Clause in Contracts

Complete Discharge. Any payment to the policyholder, insured person or his/ her nominees or his/ her legal representative or assignee or to the Hospital, as the case may be, for any benefit under the policy shall be a valid discharge towards payment of claim by the Company to the extent of that amount for the particular claim.

Appears in 19 contracts

Samples: Insurance Policy, Insurance Policy, Super No Claim Bonus Rider

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Complete Discharge. Any payment Payment made by the Company to the policyholder, insured person Policyholder or his/ her nominees Insured Member or his/ her the Nominee or the legal representative or assignee or to heir of the HospitalInsured Member , as the case may be, for any benefit under the policy Policy shall in all cases be a valid complete and construe as an effectual discharge towards payment in favor of claim by the Company to the extent of that amount for the particular claimCompany.

Appears in 4 contracts

Samples: Insurance Agreement, Insurance Agreement, Insurance Agreement

Complete Discharge. Any payment Payment made by the Company to the policyholder, insured person Policyholder or his/ her nominees Insured Person or his/ her the nominee of the Policyholder or the legal representative or assignee of the Policyholder or to the Hospital, as the case may be, for of any Medical Expenses or compensation or benefit under the policy Policy shall in all cases be a valid complete and construe as an effectual discharge towards payment in favor of claim by the Company to the extent of that amount for the particular claimCompany.

Appears in 3 contracts

Samples: Health Insurance Policy Agreement, Insurance Policy Agreement, Insurance Policy Agreement

Complete Discharge. Any payment to the policyholder, insured person Insured Person or his/ her nominees or his/ her legal representative or assignee or to the Hospitalrepresentative, as the case may be, for any benefit under the policy Policy shall in all cases be a full, valid and an effectual discharge towards payment of claim by the Company company to the extent of that amount for the particular claim.

Appears in 2 contracts

Samples: Insurance Policy, Insurance Policy

Complete Discharge. Any payment Payment made by the Company to the policyholder, insured person Policyholder or his/ her nominees Insured Person or his/ her the nominee of the Policyholder or the legal representative or assignee of the Policyholder or to the Hospital, as the case may be, for of any benefit Medical Expenses or compensation or Benefit under the policy Policy shall in all cases be a valid complete and construe as an effectual discharge towards payment in favor of claim by the Company to the extent of that amount for the particular claimCompany.

Appears in 2 contracts

Samples: Insurance Agreement, Insurance Agreement

Complete Discharge. Any payment Payment made by the Company to the policyholder, insured person Policyholder or his/ her nominees adult Insured Person or his/ her the Nominee of the Insured Person or the legal representative or assignee or to of the HospitalInsured Person, as the case may be, for of any benefit under this Policy shall in all cases be complete and construe as an effectual discharge in favour of the policy shall be a valid discharge towards payment of claim by the Company to the extent of that amount for the particular claimCompany.

Appears in 2 contracts

Samples: Insurance Policy, Insurance Policy

Complete Discharge. Any payment Payment made by the Company to the policyholder, insured person Policyholder or his/ her nominees the Nominee or his/ her the legal representative or assignee or to heir of the HospitalPolicyholder, as the case may be, for of any benefit amount under the policy Policy shall in all cases be a valid treated as full and final and construe as an effectual discharge towards payment in favor of claim by the Company to the extent of that amount for the particular claimCompany.

Appears in 1 contract

Samples: Insurance Policy

Complete Discharge. Any payment to the policyholder, insured person or his/ her nominees or his/ her legal representative or assignee or to the Hospital/Nursing Home, as the case may be, for any benefit under the policy shall in all cases be a full, valid and effectual discharge towards payment of claim by the Company to the extent of that amount for the particular claim.

Appears in 1 contract

Samples: Group Loan Insurance Policy

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Complete Discharge. Any payment Payment made by the Company to the policyholder, insured person Policyholder or his/ her nominees Insured Person or his/ her the nominee of the Policyholder or the legal representative or assignee of the Policyholder or to the Hospital, as the case may be, for of any Medical Expenses or compensation or benefit under the policy Policy shall in all cases be a valid complete and construe as an effectual discharge towards payment in favour of claim by the Company to the extent of that amount for the particular claimCompany.

Appears in 1 contract

Samples: Insurance Policy

Complete Discharge. Any payment to the policyholder, insured person or his/ her nominees or his/ her legal representative or assignee or to the Hospital, as the case may be, for any benefit under the policy shall be a valid discharge towards payment of claim by the Company to the extent of that amount for the particular claim.

Appears in 1 contract

Samples: Personal Accident Insurance Policy

Complete Discharge. Any payment to the policyholder, insured person or his/ her nominees or his/ her legal representative or assignee or to the Hospital, as the case may be, for any benefit under the policy shall be a valid discharge towards tow ards payment of claim by the Company to the extent of that amount for the particular claim.

Appears in 1 contract

Samples: Insurance Policy

Complete Discharge. Any payment to the policyholder, insured person or his/ her nominees or his/ her legal representative or assignee or to the Hospital, as the case may be, for any benefit benefit under the policy shall be a valid discharge towards payment of claim by the Company to the extent of that amount for the particular claim.

Appears in 1 contract

Samples: Insurance Policy

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