Common use of JOINT AND INDIVIDUAL INTERESTS Clause in Contracts

JOINT AND INDIVIDUAL INTERESTS. If there is more than one named insured on this Policy, any named insured may cancel or change this Policy. The action of one named insured shall be binding on all persons afforded Coverage under this Policy. Transfer This Policy may not be transferred to another person without Our written consent. Period of Insurance and Territory This Policy applies only to Injuries and/or Illnesses occurring during the Policy period shown on the Declarations Page and which occur anywhere in the world. We will adjust all Claims in US dollars and invoices and medical records must be translated to English and currency converted to US dollars as of the date of Treatment.