Common use of Nominees Clause in Contracts

Nominees. Subject to the current laws and regulations, You may add, change or remove a Nominee(s) to receive the share of the Benefit by giving Us written notice in the prescribed form. However, if there is a trustee(s) appointed or created under the policy, the trustee(s) must consent before any change can be effected.

Appears in 33 contracts

Samples: Policy Contract, Cancer Insurance Policy, Policy Contract

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Nominees. Subject to the current laws and regulations, You may add, change or remove a Nominee(s) to receive the share of the Benefit by giving Us written notice in the prescribed form. However, if there is a trustee(s) appointed or created under the policy, the trustee(s) must consent before any change can be effected. Where the Policy owner is an entity, nomination of beneficiary is not allowed.

Appears in 11 contracts

Samples: Policy Contract, Insurance Policy Contract, Insurance Policy

Nominees. Subject to the current laws and regulations, You you may add, change or remove a Nominee(s) to receive the share of the Benefit by giving Us us written notice in the prescribed form. However, if there is a trustee(s) appointed or created under the policy, the trustee(s) must consent before any change can be effected.

Appears in 7 contracts

Samples: Insurance Policy Agreement, Insurance Agreement, Insurance Agreement

Nominees. Subject to the current laws and regulations, You may add, change or remove a Nominee(s) to receive the share of the Benefit Benefits by giving Us a written notice in the prescribed formnotice. However, if there is a trustee(s) appointed or created under the policy, the trustee(s) must consent before any change can be effected.

Appears in 4 contracts

Samples: Policy Contract, Insurance Agreement, Policy Contract

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Nominees. Subject to the current laws and regulations, You may add, change or remove a Nominee(s) to receive the share of the Benefit Benefits by giving Us a written notice in the prescribed formnotice. However, if there is a trustee(s) appointed or created under the policy, the trustee(s) must consent before any change can be effected. Where the Policy owner is an entity, nomination of beneficiary is not allowed.

Appears in 2 contracts

Samples: Policy Provisions, Policy Provisions

Nominees. Subject to the current laws and regulations, You you may add, change or remove a Nominee(s) to receive the share of the Benefit by giving Us us written notice in the prescribed form. However, if there is a trustee(s) appointed or created under the policy, the trustee(s) must consent before any change can be effected. Where the Policy owner is an entity, nomination of beneficiary is not allowed.

Appears in 1 contract

Samples: Insurance Agreement

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