Common use of EXTENDED COVERAGE TO ELIGI- BLE DEPENDENTS UPON DEATH OF POLICYHOLDER Clause in Contracts

EXTENDED COVERAGE TO ELIGI- BLE DEPENDENTS UPON DEATH OF POLICYHOLDER. In the event of the death of the policyholder, the insurer will pro- vide continued coverage for the surviving dependents insured under this policy by affording two (2) years worth of coverage at no charge if the cause of the death of the policyholder results from a covered condition under this policy. This benefit only applies to covered dependents under the existing policy, and will automatically terminate in the event of marriage of the surviving spouse/domestic partner, or for surviving dependents who are not other- wise eligible for coverage under this pol- icy and/or are issued their own separate policy. This extended coverage does not apply to any optional rider. The extended coverage goes into effect as per the next renewal date or anniversary date, which- ever comes first, after the death of the policyholder.

Appears in 3 contracts

Samples: Insurance Agreement, Insurance Agreement, Insurance Agreement

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EXTENDED COVERAGE TO ELIGI- BLE DEPENDENTS UPON DEATH OF POLICYHOLDER. In the event of the death of the policyholder, the insurer will pro- vide continued coverage for the surviving dependents insured under this policy by affording two (2) years worth of coverage at no charge if the cause of the death of the policyholder results from a covered condition under this policy. This benefit only applies to covered dependents under the existing policy, and will automatically terminate in the event of marriage of the surviving spouse/domestic partner, or for surviving dependents who are not other- wise oth- erwise eligible for coverage under this pol- icy policy and/or are issued their own separate policy. This extended coverage does not apply to any optional rider. The extended coverage goes into effect as per the next renewal date or anniversary date, which- ever comes first, after the death of the policyholder.

Appears in 1 contract

Samples: Insurance Agreement

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