Common use of Failure to Make Premium Payment Clause in Contracts

Failure to Make Premium Payment. If the Subscribing Group fails to make payment of the monthly Premium by the Premium due date and within the grace period as provided in Part VI. PREMIUMS, COPAYMENTS, COINSURANCE, DEDUCTIBLES AND OTHER EXPENSES, coverage hereunder will terminate for all Members for whom Premium payment has not been received, on the last day for which the monthly Premium was received. 1) Coverage will remain in effect during the grace period. However, if Premium payments are not received by the end of the grace period, and XxXxx has provided the Subscribing Group written notice of termination within 45 days after the Premium due date, late payment fees may apply and AvMed may retroactively terminate the Subscribing Group’s coverage.

Appears in 16 contracts

Samples: Medical and Hospital Service Contract, Medical and Hospital Service Contract With Point of Service Rider, Medical and Hospital Service Contract

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Failure to Make Premium Payment. If the Subscribing Group fails to make payment of the monthly Premium by the Premium due date and within the grace period Grace Period as provided in Part VI. PREMIUMS, COPAYMENTS, COINSURANCE, DEDUCTIBLES AND OTHER EXPENSES, coverage hereunder will terminate for all Members for whom Premium payment has not been received, on the last day for which the monthly Premium was received. 1) Coverage will remain in effect during the grace periodGrace Period. However, if Premium payments are not received by the end of the grace periodGrace Period, and XxXxx has provided the Subscribing Group written notice of termination within 45 days after the Premium due date, late payment fees may apply and AvMed may retroactively terminate the Subscribing Group’s coverage.

Appears in 10 contracts

Samples: Medical and Hospital Service Contract, Medical and Hospital Service Contract, Medical and Hospital Service Contract

Failure to Make Premium Payment. If the Subscribing Group a Contractholder fails to make payment of the monthly Premium by the Premium due date date, and within the grace period period, as provided in Part VI. PREMIUMS, COPAYMENTS, COINSURANCE, DEDUCTIBLES AND OTHER EXPENSES, coverage hereunder will terminate for all Members for whom Premium such payment has not been received, on the last day of the month for which the monthly Premium was received. 1) i. Coverage will remain in effect force during the grace period. However, if Premium payments are not received by the end of the grace period, and XxXxx has provided the Subscribing Group Contractholder written notice of termination within 45 days after the Premium due date, late payment fees may apply apply, and AvMed may retroactively terminate coverage for the Subscribing Group’s coverageContractholder and any Covered Dependents.

Appears in 3 contracts

Samples: Medical and Hospital Service Contract, Medical and Hospital Service Contract, Medical and Hospital Service Contract

Failure to Make Premium Payment. If the Subscribing Group a Contractholder fails to make payment of the monthly Premium by the Premium due date date, and within the grace period Grace Period, as provided in Part VI. PREMIUMS, COPAYMENTS, COINSURANCE, DEDUCTIBLES AND OTHER EXPENSES, coverage hereunder will terminate for all Members for whom Premium such payment has not been received, on the last day of the month for which the monthly Premium was received. 1) i. Coverage will remain in effect force during the grace periodGrace Period. However, if Premium payments are not received by the end of the grace periodGrace Period, and XxXxx has provided the Subscribing Group Contractholder written notice of termination within 45 days after the Premium due date, late payment fees may apply apply, and AvMed may retroactively terminate coverage for the Subscribing Group’s coverageContractholder and any Covered Dependents.

Appears in 2 contracts

Samples: Medical and Hospital Service Contract, Medical and Hospital Service Contract

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Failure to Make Premium Payment. If the Subscribing Group fails to make payment of the monthly Premium by the Premium due date and within the grace period as provided in Part P art VI. PREMIUMS, COPAYMENTS, COINSURANCE, DEDUCTIBLES AND OTHER EXPENSES, coverage hereunder will terminate for all Members for whom Premium payment has not been received, on the last day for which the monthly Premium was received. 1) Coverage will remain in effect during the grace period. However, if Premium payments are not received by the end of the grace period, and XxXxx has provided the Subscribing Group written notice of termination within 45 days after the Premium due date, late payment fees may apply and AvMed may retroactively terminate the Subscribing Group’s coverage.

Appears in 2 contracts

Samples: Medical and Hospital Service Contract, Medical and Hospital Service Contract

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