POLICY CANCELLATION OR NON-RENEWAL. The Insurer retains the right to cancel, modify or rescind the policy if statements on the application are found to be misrepresentations, incomplete or that fraud has been committed, leading the Insurer to approve an application when, with the correct or complete information, the Insurer would have issued a policy with restricted coverage or declined to provide insurance.
POLICY CANCELLATION OR NON-RENEWAL. The insurer retains the right to cancel, modify or rescind the policy if statements on the health insurance application are found to be misrepresentations, incomplete, or if fraud has been committed, leading the insurer to approve an application when, with the correct or complete information, the insurer would have issued a policy with restricted coverage or declined to provide insurance. If the insured changes country of residence, and the insured’s current plan is not available in the insured’s new country of residence, the insurer retains the right to cancel or modify a policy in terms of rates, deductibles or benefits, generally and specifically, in order to offer the insured the closest equivalent insurance coverage possible. Submission of a fraudulent claim is also grounds for rescission or cancellation of the policy. The insurer retains the right to cancel, non-renew or modify a policy on a “block” basis as defined in this policy, and the insurer will offer the closest equivalent coverage possible to the insured. No individual insured shall be independently penalized by cancellation or modification of the policy due solely to a poor claim record.
POLICY CANCELLATION OR NON-RENEWAL. The Insurer retains the right to cancel, modify or rescind the policy if statements on the applica- tion are found to be misrepresenta- tions, incomplete or that fraud has been committed, leading the Insurer to approve an application when, with the correct or complete informa- tion, the Insurer would have issued a policy with restricted coverage or declined to provide insurance.
POLICY CANCELLATION OR NON-RENEWAL. A. Subject to requirements imposed by law or by the provisions of any contract of insurance, the Company reserves the right to cancel any contract of insurance by direct notice to the Insured. The Company further reserves the right to non-renew any contract of insurance.
B. The Producer shall not cancel any contract of insurance issued by the Company without the specific permission of the Company.
POLICY CANCELLATION OR NON-RENEWAL. The insurer retains the right to cancel, modify or rescind the policy if statements on the health insurance application are found to be misrepresen- tations, incomplete, or if fraud has been committed, leading the insurer to approve an application when, with the correct or complete information, the insurer would have issued a policy with restricted cov- erage or declined to provide insurance. If the insured changes country of resi- dence, and the insured’s current plan is not available in the insured’s new country of residence, the insurer retains the right to cancel or modify a policy in terms of rates, deductibles or benefits, generally and spe- cifically, in order to offer the insured the closest equivalent insurance coverage pos- sible. Submission of a fraudulent claim is also grounds for rescission or cancellation of the policy. The insurer retains the right to cancel, non- renew or modify a policy on a “block” basis as defined in this policy, and the insurer will offer the closest equivalent coverage pos- sible to the insured. No individual insured shall be independently penalized by can- cellation or modification of the policy due solely to a poor claim record.
