Common use of Insurance Company’s Right to Audit Clause in Contracts

Insurance Company’s Right to Audit. The Insurance Company has the right to randomly audit for compliance with participation and eligibility requirements. This audit will take place no more than twice a year. The Insurance Company has the right to randomly audit if intentional misrepresentation of material fact or fraud is suspected. The Group shall have the right to review the Insurance Company’s audit for participation and eligibility requirements to verify that it has conducted the audit according to the Insurance Company’s guidelines.

Insurance Company’s Right to Audit. The Insurance Company has the right to randomly audit for compliance with participation and eligibility requirements. This audit will take place no more than twice a year. The Insurance Company has the right to randomly audit if intentional misrepresentation of material fact or fraud is suspected. The Group shall have the right to review the Insurance Company’s audit for participation and eligibility requirements to verify that it has conducted the audit according to the Insurance Company’s guidelines.