Common use of Insurance Benefit Clause in Contracts

Insurance Benefit. 22.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly annuity repayment schedule with an interest rate indicated on the policy schedule. 22.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary 50% of the insured sum up to a maximum of EUR 100.000,- on one insured life. The insurance remains in force for the difference between the insured sum specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.3. It is not possible to make any changes to the insurance. 22.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx company. The payment referred to in Article 22.3 will only take place after permission from the fi nancing company. 22.6 No benefi t in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. the insured person’s age in the event of a claim for benefi ts on account of terminal illness is 65 years or older. 22.7 The payment will be reduced by any premiums and/or costs still due that are for the account of the policyholder. 22.8 The insurer is always entitled to claim back undue payments. 22.9 Payment shall be made by crediting an account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly monthly annuity repayment schedule with an interest rate indicated on the policy schedule. d. if two insured persons are listed on the policy, only the insured sum of the person who dies first will be paid. If both insured persons die at the same time and there is a difference in the insured sum per person, the highest insured sum will be paid. 22.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum capital, as stated on the policy, up to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.3. It is not possible to make any changes to the insurance. 22.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 will only take place after permission from the fi nancing financing company. 22.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. b. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 years or older. 22.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 The insurer is always entitled to claim back undue payments. 22.9 Payment shall be made by crediting an account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly monthly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly annual annuity repayment schedule with an interest rate indicated on the policy schedule; d. If two insured persons are listed on the policy, only the insured sum of the person who dies first will be paid. If both insured persons die at the same time and there is a difference in the insured sum per person, the highest insured sum will be paid. 22.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum up up, as stated on the policy, to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.3. It is not possible to make any changes to the insurance. 22.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 will only take place after permission from the fi nancing financing company. 22.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection;HIV b. the diagnosis is made within 12 months before the end date of the insurance; c. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 years or older. 22.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 The insurer is always entitled to claim back undue payments. 22.9 Payment shall be made by crediting an account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly monthly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly monthly annuity repayment schedule with an interest rate indicated on the policy schedule. d. if two insured persons are listed on the policy, only the insured sum of the person who dies first will be paid. If both insured persons die at the same time and there is a difference in the insured sum per person, the highest insured sum will be 22.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum capital, as stated on the policy, up to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.3. It is not possible to make any changes to the insurance. 22.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 will only take place after permission from the fi nancing financing company. 22.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 years or older. 22.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 The insurer is always entitled to claim back undue payments. 22.9 Payment shall be made by crediting an account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 20.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 20.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly monthly annuity repayment schedule with an interest rate indicated on the policy schedule. 22.3 d. if two insured persons are listed on the policy, only the insured sum of the person who dies first will be paid. If both insured persons die at the same time and there is a difference in the insured sum per person, the highest insured sum will be paid. 11 20.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum capital, as stated on the policy, up to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 20.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.320.3. It is not possible to make any changes to the insurance. 22.5 20.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 20.3 will only take place after permission from the fi nancing financing company. 22.6 20.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. b. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 years or older. 22.7 20.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 20.8 The insurer is always entitled to claim back undue payments. 22.9 20.9 Payment shall be made by crediting an account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 20.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 20.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly annuity repayment schedule with an interest rate indicated on the policy schedule. 22.3 20.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum capital, as stated on the policy, up to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum capital specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 20.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.320.3. It is not possible to make any changes to the insurance. 22.5 20.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 20.3 will only take place after permission from the fi nancing financing company. 22.6 20.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. b. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 years or older. 22.7 20.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 20.8 The insurer is always entitled to claim back undue payments. 22.9 20.9 Payment shall be made by crediting an a SEPA account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly monthly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly monthly annuity repayment schedule with an interest rate indicated on the policy schedule. 22.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum up to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.3. It is not possible to make any changes to the insurance. 22.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 will only take place after permission from the fi nancing financing company. 22.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 13 years or older. 22.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 The insurer is always entitled to claim back undue payments. 22.9 Payment shall be made by crediting an account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly annuity repayment schedule with an interest rate indicated on the policy schedule. 22.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum capital, as stated on the policy, up to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum capital specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.3. It is not possible to make any changes to the insurance. 22.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 will only take place after permission from the fi nancing financing company. 22.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. b. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 years or older. 22.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 The insurer is always entitled to claim back undue payments. 22.9 Payment shall be made by crediting an a SEPA account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.

Insurance Benefit. 22.1 If the insured capital has become due and payable, the insurer shall pay out as soon as the insurer has received documents which, in its opinion, prove that and to whom any payment is due. The insurer has the right to retain these documents as its property. 22.2 In the event of the death of the insured person, the benefit amounts to a sum which is: a. if a constant capital is insured, equal to the insured capital as stated on the policy schedule; b. if a declining linear capital is insured, equal to an amount calculated based on a linear yearly monthly repayment schedule; c. if an annuity declining capital is insured, equal to an amount calculated based on a yearly monthly annuity repayment schedule with an interest rate indicated on the policy schedule. 22.3 When a diagnosis of a terminal illness has been made, the insurer will pay the benefi ciary beneficiary 50% of the insured sum up to a maximum of EUR 100.000,- 100,000 on one insured life. The insurance remains in force for the difference between the insured sum specified in the insurance and the benefit paid in respect of terminal illness, on condition that the payment of the premiums is continued. The outstanding insured capital will be paid out upon the death of the insured. 22.4 Articles 2.5 and 7 lapse after a payment as referred to in Article 22.3. It is not possible to make any changes to the insurance. 22.5 In the case of a pledged policy, the insurer will request approval from the fi xxxxx finance company. The payment referred to in Article 22.3 will only take place after permission from the fi nancing financing company. 22.6 No benefi t benefit in respect of terminal illness shall be paid if: a. the terminal illness was (partly) caused by an HIV infection; b. the diagnosis is made within 12 months before the end date of the insurance; c. the insured person’s age in the event of a claim for benefi ts benefits on account of terminal illness is 65 years or older. 22.7 The payment will be reduced by any premiums and/or and/ or costs still due that are for the account of the policyholder. 22.8 The insurer is always entitled to claim back undue payments. 22.9 Payment shall be made by crediting an account designated by the entitled party to a bank institution established in the Netherlands or in another member state of the European Union, using a legal Dutch method of payment.