Common use of CURRENCY AND EXCHANGE RATES Clause in Contracts

CURRENCY AND EXCHANGE RATES. i. All payments will be made in Ringgit Malaysia (RM). ii. All contributions shall be made in Ringgit Malaysia (RM). iii. In the event that You are admitted to a Hospital and/or receive medical treatment outside Malaysia and render bills in a currency other than Ringgit Malaysia (RM), We shall indemnify in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are discharged from Hospital.

Appears in 10 contracts

Samples: Takaful Contract, Group Personal Accident Takaful Certificate, Takaful Contract

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CURRENCY AND EXCHANGE RATES. i. All payments will be made in Ringgit Malaysia (RM). ii. All contributions premiums shall be made paid in Ringgit Malaysia (RM). iii. In the event that You are admitted to a Hospital and/or receive receives Overseas medical treatment outside Malaysia and render renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are discharged from Hospital.

Appears in 8 contracts

Samples: Insurance Contract, Travel Insurance Policy, Consumer Insurance Contract

CURRENCY AND EXCHANGE RATES. i. All payments will be made in Ringgit Malaysia (RM). ii. All contributions premiums shall be made paid in Ringgit Malaysia (RM). iii. In the event that You are admitted to a Hospital and/or receive medical treatment outside Malaysia and render bills in a currency other than Ringgit Malaysia (RM), We shall indemnify in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are discharged from Hospital.

Appears in 8 contracts

Samples: Insurance Policy, Group Personal Accident Policy, Passenger Personal Accident Insurance Master Policy

CURRENCY AND EXCHANGE RATES. i. All payments will be made in Ringgit Malaysia (RM). ii. All contributions shall be made in Ringgit Malaysia (RM). iii. In the event that You are admitted to a Hospital and/or receive receives Overseas medical treatment outside Malaysia and render renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are discharged from Hospital.

Appears in 4 contracts

Samples: Consumer Takaful Contract, Consumer Takaful Contract, Consumer Takaful Contract

CURRENCY AND EXCHANGE RATES. i. a) All payments will be made in Ringgit Malaysia (RM). ii. b) All contributions shall be made in Ringgit Malaysia (RM). iii. c) In the event that You are the Covered Person is admitted to into a Hospital and/or receive receives medical treatment outside of Malaysia and render renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify the Participant in Ringgit Malaysia Malaysian (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are the Covered Person is discharged from Hospital.

Appears in 2 contracts

Samples: Group Personal Accident Takaful Certificate, Takaful Certificate

CURRENCY AND EXCHANGE RATES. i. a) All payments will be made in Ringgit Malaysia (RM). ii. b) All contributions shall be made in Ringgit Malaysia (RM). iii. c) In the event that You are the Covered Person is admitted to a Hospital and/or receive receives medical treatment outside Malaysia and render renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify the Participant in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are the Covered Person is discharged from Hospital.

Appears in 1 contract

Samples: Takaful Certificate

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CURRENCY AND EXCHANGE RATES. i. a) All payments will be made in Ringgit Malaysia (RM). ii. b) All contributions premiums shall be made paid in Ringgit Malaysia (RM). iii. c) In the event that You are the Insured Person is admitted to a Hospital and/or receive receives medical treatment outside Malaysia and render renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify the Insured in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are the Insured Person is discharged from Hospital.

Appears in 1 contract

Samples: Consumer Insurance Contract

CURRENCY AND EXCHANGE RATES. i. All payments will be made in Ringgit Malaysia (RM). ii. All contributions shall be made in Ringgit Malaysia (RM). iii. In the event that You are admitted to a Hospital and/or receive receives medical treatment outside Malaysia and render renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are discharged from Hospital.

Appears in 1 contract

Samples: Consumer Takaful Contract

CURRENCY AND EXCHANGE RATES. i. All payments will be made in Ringgit Malaysia (RM). ii. All contributions shall be made paid in Ringgit Malaysia (RM). iii. In the event that You are admitted to a Hospital and/or receive receives Overseas medical treatment outside Malaysia and render renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date You are discharged from Hospital.

Appears in 1 contract

Samples: Consumer Takaful Contract

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