Common use of Rights of Recovery Clause in Contracts

Rights of Recovery. In the event that authorization of payment and/or payment is made by the Company or on its behalf by its authorised representatives, to include Emergency Assistance Provider, the Company reserves the right to recover against the Insured Person the full sum which has been paid, or for which the Company is liable, to a Hospital to which the Insured Person has been admitted, less the Company’s liability under the terms of the Policy. In the event of any payment made under the Policy, the Company shall be subrogated to all the Insured Person’s right of recovery and indemnity against any person or organization and the Insured Person shall execute and deliver instruments and papers and do whatever else is necessary to secure such rights. The Insured Person shall take no action to prejudice such rights. Worldwide outside the territories of Hong Kong Any Amount of Benefit paid for loss of life shall be payable to the Insured Person's estate. All amounts of Benefits unless otherwise noted, shall be payable to the Insured Person except under Section 3a, 3b, 6a and 6b whether Amount of Benefit will be paid based on actual cost directly to Emergency Assistance Provider. 緊急援助及索償須知