POLICY TERMINATION Sample Clauses

POLICY TERMINATION. If the Policy is terminated by death, lapse, surrender or otherwise, the reinsurance will terminate on the same date. If premiums have been paid on the reinsurance for a period beyond the termination date, refunds will follow the terms as shown in Schedule I. If the Policy continues in force without payment of premium during any days of grace pending its surrender, whether such continuance be as a result of a Policy provision or a practice of the Ceding Company, the reinsurance will also continue without payment of premium and will terminate on the same date as the Ceding Company’s risk terminates. If the Policy continues in force because of the operation of an Automatic Premium Loan provision, or other such provision by which the Ceding Company receives compensation for its risk, then the reinsurance will also continue and the Ceding Company will pay the Reinsurer the reinsurance premium for the period to the date of termination.
AutoNDA by SimpleDocs
POLICY TERMINATION. This Policy shall be terminated in any one of the following circumstances: a. All coverage under this Policy will be terminated when any premium pertaining to the Policy is not paid at the end of the Grace Period and termination shall be deemed effective as from the relevant due date for payment of premium; or b. Upon the death of the Insured Person; or c. Upon the payment of 100% of benefits as provided for Personal Accident under Section 4 of this Policy; or d. The Policy Expiry Date; or x. the date the Insured Person returns permanently to Hong Kong after completion or interruption of his/her education at the OEI; or f. The individual coverage of the Insured Person under this Policy will be terminated on the next premium due date following attainment of seventy (70) years of age.
POLICY TERMINATION. This Policy may only be terminated with respect to the issuance of new certificates. Either We or the Policyholder may terminate this Policy upon giving at least 31 days written notice to the other. We will not terminate this Policy prior to the end of the first year following the Policy Effective Date. Clerical Error. Clerical error will not void any certificate issued under this Policy which is otherwise validly in force, nor will it keep in force any certificate that otherwise would end.
POLICY TERMINATION. Tenant's Contractor and each subcontractor will maintain all insurance required hereunder during the term of the Contract and for a period ending one year after the date of completion of all Finish Work done pursuant to the Contract to the extent such insurance is written in a "claims made basis."
POLICY TERMINATION. If a premium is not paid by the end of its grace period, the policy will terminate. This policy will also terminate on the earliest of:
POLICY TERMINATION. If a premium is not paid by the end of its grace period, the policy will terminate. This policy will also terminate on the earliest of: • 12:01 a.m. on the Termination Date shown on the data page, unless this policy is being continued under the Renewal Option After The Termination Date provision; • the date you are no longer regularly employed for at least 30 hours per week, if this policy is continued under the Renewal Option, unless you are Disabled on that date under the policy terms. If the policy terminates for this reason, we will refund any premium paid for the period beyond the date the policy terminates; • the date you Recover from your Disability covered by the Renewal Option, if the policy is continued under that Option; • the date the policy terminates under the Suspension During Military Service provision; or • the date of your death. After we receive notice of your death, we will refund to the Owner or the Owner’s estate any premium paid for the period beyond the date of death. B180(7/17) Page 15 If you’re still working 30 or more hours a week at the time of the policy’s termination date, you can request to continue the policy under this renewal option. If you renew your policy after the termination date, you can receive benefits for up to two years if you become totally disabled before age 75. If your total disability begins after age 75, the maximum benefit period is one year. In addition, the Owner may terminate this policy by sending us a written request. Such termination will be effective on the date the request is received at our Home Office, or on the date the Owner requests, subject to our approval. We will refund any premium paid for the period beyond the effective date of the termination.
POLICY TERMINATION. If a premium is not paid by the end of its grace period, the policy will terminate. This policy will also terminate on the earliest of:  12:01 a.m. on the Termination Date shown on the data page, unless this policy is being continued under the Renewal Option After The Termination Date provision;  the date you are no longer regularly employed for at least 30 hours per week, if this policy is continued under the Renewal Option, unless you are Disabled on that date under the policy terms. If the policy terminates for this reason, we will refund any premium paid for the period beyond the date the policy terminates;  the date you Recover from your Disability covered by the Renewal Option, if the policy is continued under that Option;  the date the policy terminates under the Suspension During Military Service provision; or  the date of your death. After we receive notice of your death, we will refund to the Owner or the Owner’s estate any premium paid for the period beyond the date of death. B180(7/17) Page 15 If you’re still working 30 or more hours a week at the time of the policy’s termination date, you can request to continue the policy under this renewal option. If you renew your policy after the termination date, you can receive benefits for up to two years if you become totally disabled before age 75. If your total disability begins after age 75, the maximum benefit period is one year. In addition, the Owner may terminate this policy by sending us a written request. Such termination will be effective on the date the request is received at our Home Office, or on the date the Owner requests, subject to our approval. We will refund any premium paid for the period beyond the effective date of the termination.
AutoNDA by SimpleDocs
POLICY TERMINATION. This policy will terminate upon the death of the insured or surrender.
POLICY TERMINATION. REFUNDS: The Reinsurer will refund any unearned reinsurance premiums. However, policy fees, if any, will be deemed earned for a policy year if the policy is reinsured during any portion of that policy year. SCOPE, ARTICLE III:
POLICY TERMINATION. REFUNDS: The Reinsurer will refund any unearned reinsurance premiums. However, policy fees, if any, will be deemed earned for a policy year if the policy is reinsured during any portion of that policy year. ------------------------------------------------------------------------------------------------------------------------------- SCOPE, ARTICLE III: ------------------------------------------------------------------------------------------------------------------------------- 1. CURRENCY: United States Dollars ("US$") 2. BASIS OF REINSURANCE: Yearly Renewable Term
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!