Common use of OPERATIVE CLAUSE Clause in Contracts

OPERATIVE CLAUSE. If during the policy period one or more Insured Person(s) is required to be hospitalized for treatment of Covid at a Hospital or given Home Care Treatment following Medical Advice of a duly qualified Medical Practitioner, the Company shall indemnify medically necessary, expenses towards the Coverage mentioned in the policy schedule. Provided further that, any amount payable under the policy shall be subject to the terms of coverage, exclusions, conditions and definitions contained herein. Maximum liability of the Company under all such Claims during the Policy Period shall be the Sum Insured (Individual or Floater) opted and specified in the Schedule.

Appears in 2 contracts

Samples: irdai.gov.in, policyholder.gov.in

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OPERATIVE CLAUSE. If during the policy period one or more Insured Person(sPerson (s) is required to be hospitalized for treatment of Covid at a Hospital or given Home Care care Treatment following Medical Advice of a duly qualified Medical Practitioner, the Company shall indemnify medically necessary, necessary expenses towards the Coverage mentioned in the policy schedule. Provided further that, any amount payable under the policy shall be subject to the terms of coverage, coverage exclusions, conditions and definitions contained herein. Maximum liability of the Company under all such Claims during the Policy Period shall be the Sum Insured (Individual or Floater) opted and specified in the Schedule.

Appears in 2 contracts

Samples: www.irdai.gov.in, www.irdai.gov.in

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OPERATIVE CLAUSE. If during the policy period one or more Insured Person(sPerson (s) is required to be hospitalized for treatment of Covid at a Hospital or given Home Care Treatment following Medical Advice of a duly qualified Medical Practitioner, the Company shall indemnify medically necessary, necessary expenses towards the Coverage mentioned in the policy schedule. Provided further that, any amount payable under the policy shall be subject to the terms of coverage, coverage exclusions, conditions and definitions contained herein. Maximum liability of the Company under all such Claims during the Policy Period shall be the Sum Insured (Individual or Floater) opted and specified in the Schedule.

Appears in 1 contract

Samples: www.libertyinsurance.in

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