TERMINATION OF COVER. (i) Cover on the Covered Person(s) shall automatically terminate on the earlier of (a) His 65th birthday in respect of the Covered Events of Death, Illness or Accident. (b) His 63rd birthday in respect of the Covered Event of Redundancy. (c) The expiry of the Loan Contract. (d) The total repayment of the balance under the Loan Contract. (e) Any goods forming all or part of the subject of the Loan Contract being repossessed. (f) This Plan being cancelled by the Covered Person(s) or the Company.
Appears in 4 contracts
Samples: Loan and Security Deed of Agreement and Disclosure of Terms and Guarantee, Loan and Security Agreement, Loan and Security Deed of Agreement and Disclosure of Terms and Guarantee
