Common use of REINSTATEMENT OF POLICY Clause in Contracts

REINSTATEMENT OF POLICY. When this policy terminates by reason of non-payment of premium, any subsequent acceptance of a premium and reinstatement of the policy by the Company shall solely be at the Company‟s option and shall only cover loss resulting from injury sustained after the date of such reinstatement.

Appears in 2 contracts

Samples: Lifestyle Protector Insurance Policy, Lifestyle Protector Insurance Policy

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REINSTATEMENT OF POLICY. When this policy Policy terminates by reason of non-payment of premium, any subsequent acceptance of a premium and shall constitute reinstatement of the policy Policy by the Company shall solely be at the Company‟s option Company, and shall only cover loss resulting from injury Injury sustained or sickness commencing after the date of such reinstatement.

Appears in 1 contract

Samples: Group Personal Accident Policy

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REINSTATEMENT OF POLICY. When this policy terminates by reason of non-payment nonpayment of premium, any subsequent acceptance of a premium and reinstatement of the policy by the Company shall solely be at the Company‟s Company’s option and shall only cover loss resulting from injury a covered Injury sustained after the date of such reinstatement.

Appears in 1 contract

Samples: Group Student Personal Accident Insurance Policy

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