Making Claims From Sample Clauses

Making Claims From. The Policy How to make a Claim 5 7.2 Who do We pay Benefits to 5 8 8.1 Our Rights Incontestability 6 8.2 Correction of Mistakes and Errors 6 8.3 Fraud and Misrepresentation 6 8.4 Change of Address, Country of Residence or Citizenship 6 8.5 Changes in Taxation, Regulations and Legislation 6 8.6 Errors In Age / Gender / Smoker Status / Country of Residence 7 8.7 Prohibited Person Limitation and Exclusion 7 9 9.1 Your Rights Free Look 7 9.2 Transferring the Legal Right of the Policy 7 9.3 Change Of Policy Ownership 7 9.4 Nominees 8 10 When Will Your Policy End? 8 11 What Do We Mean With These Words? 8-9 Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K) Xxx Xxxxxxx Xxxx, #00-00 Xxxxx Xxxxx, Xxxxxxxxx 000000 T+65 6336 0477 xxx.xxxxx.xxx.xx 1 Our Agreement 1.1 The Agreement

Related to Making Claims From

  • Claims Payment The Reinsurer will be liable to the Company for its share of the benefits owed under the express contractual terms of the Reinsured Policies and as specified under the terms of this Agreement. The Reinsurer will not participate in any ex gratia payments made by the Company (i.e., payments the Company is not required to make under the Reinsured Policy terms.) The payment of death benefits by the Reinsurer will be in one lump sum regardless of the mode of settlement under the Reinsured Policy. Benefit payments from the Reinsurer will be due within 30 days of the claim satisfying the requirements established under this Agreement. The Reinsurer’s share of any interest payable under the terms of a Reinsured Policy or applicable law which is based on the death benefits paid by the Company, will be payable provided that the Reinsurer will not be liable for interest accruing on or after the date of the Company’s payment of benefits. The Reinsurer will make payment to the Company for each such claim. For Waiver of Premium claims, the Company will continue to pay premiums for reinsurance, except premiums for disability reinsurance. The Reinsurer will pay its proportionate share of the gross premium waived by the Company on the Reinsured Policy, including its share of the premiums for benefits that remain in effect during disability. For claims on Accelerated Benefit riders reinsured under this Agreement, the benefit amount payable by the Reinsurer will be calculated by multiplying the total accelerated death benefit rider payout by the ratio of the reinsured Net Amount at Risk, as defined in Exhibit C-1, to the face amount of the Reinsured Policy.

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