Common use of Ownership of Policy Clause in Contracts

Ownership of Policy. Unless otherwise expressly provided for by Endorsement in the Policy, the Company shall be entitled to treat the Policyholder as the absolute owner of the Policy. The Company shall not be bound to recognise any equitable or other claim to or interest in the Policy, and the receipt of the Policy or a Benefit by the Policyholder (or by his legal or authorised representative) alone shall be an effective discharge of all obligations and liabilities of the Company. The Policyholder shall be deemed to be responsible Principal or Agent of the Insured Persons covered under this Policy.

Ownership of Policy. Unless otherwise expressly provided for by Endorsement in the Policy, the Company We shall be entitled to treat the Policyholder as the absolute owner of the Policy. The Company We shall not be bound to recognise any equitable or other claim to or interest in the Policy, and the receipt of the Policy or a Benefit by the Policyholder (or by his legal or authorised authorized representative) alone shall be an effective discharge of all obligations and liabilities of the Our Company. The Policyholder shall be deemed to be responsible as Principal or Agent of the Insured Persons covered under this Policy.

Ownership of Policy. Unless otherwise expressly provided for by Endorsement in the Policy, the Company We shall be entitled to treat the Policyholder as the absolute owner of the Policy. The Company We shall not be bound to recognise any equitable or other claim to or interest in the Policy, and the receipt of the Policy or a Benefit by the Policyholder (or by his legal or authorised authorized representative) alone shall be an effective discharge of all obligations and liabilities of the Our Company. The Policyholder shall be deemed to be the responsible Principal or Agent of the Insured Persons covered under this Policy.

Ownership of Policy. Unless otherwise expressly provided for by Endorsement in the Policy, the Company We shall be entitled to treat the Policyholder as the absolute owner of the Policy. The Company We shall not be bound to recognise any equitable or other claim to or interest in the Policy, and the receipt of the Policy or a Benefit by the Policyholder (or by his legal or authorised representative) alone shall be an effective discharge of all Our obligations and liabilities of the Companyliabilities. The Policyholder shall be deemed to be responsible Principal or Agent of the Insured Persons You covered under this Policy.

Ownership of Policy. Unless otherwise expressly provided for by Endorsement in the Policy, the Company We shall be entitled to treat the Policyholder as the absolute owner of the Policy. The Company We shall not be bound to recognise any equitable or other claim to or interest in the Policy, and the receipt of the Policy or a Benefit by the Policyholder (or by his legal or authorised authorized representative) alone shall be an effective discharge of all Our obligations and liabilities of the Companyliabilities. The Policyholder shall be deemed to be responsible Principal or Agent of the Insured Persons Your covered under this Policy.

Ownership of Policy. Unless otherwise expressly provided for by Endorsement in the Policy, the Company shall be entitled to treat the Policyholder as the absolute owner of the Policy. The Company shall not be bound to recognise any equitable or other claim to or interest in the Policy, and the receipt of the Policy or a Benefit by the Policyholder (or by his legal or authorised representative) alone shall be an effective effective discharge of all obligations and liabilities of the Company. The Policyholder shall be deemed to be responsible Principal or Agent of the Insured Persons covered under this Policy.