Common use of COUNTRY OF RESIDENCE Clause in Contracts

COUNTRY OF RESIDENCE. To be entitled to coverage, the Insured (principal, spouse, and dependent children) must be residents and live permanently in the country declared as residence in the Insurance Application for a minimum of one hundred and eighty (180) continuous or discontinuous days during the calendar year. This policy is not available to, nor can it be issued or renewed to, persons who reside in the United States of America for more than one hundred and eighty (180), continuous or discontinuous days in a period of three hundred and sixty-five (365) days regardless of the type of visa issued to the Insured or their immigration status, without prejudice to the foregoing, the Insurer reserves the right to evaluate the eligibility, early cancellation, or non-renewal of the policy, if any Insured (principal, spouse and dependent children) resides or is present in another country, other than the one declared as residence in the Insurance Application. The Insurer reserves the right to early cancellation should an Insured (principal, spouse and dependent children) switch their residence to the United States of America or another country other than the one declared as residence in the Insurance Application regardless of the type of visa issued to the Insured or their immigration status.