TERMINATION OF INDIVIDUAL INSURANCE Sample Clauses

TERMINATION OF INDIVIDUAL INSURANCE. The coverage in respect of the Insured Person terminates are the earliest of: (1) the date of the Policy is terminated by the Policyholder; (2) the last of the month in which the Insured Person reaches the age of Sixty Nine; (3) the date of the Insured Person ceases to be a Cardholder of the Policyholder. (4) the “Premium Charged Date” immediately following the cancellation of this Policy by the Insured Person or by the Policyholder with respect to the Insured Person. (5) the premium due date, if the required premium is not paid. (6) the claims being settled in respect to the Insured Person. Any such termination shall be without prejudice at any valid claim originating prior to the date of termination.
Sample 1Sample 2
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TERMINATION OF INDIVIDUAL INSURANCE. The insurance of an Insured Employee and of his Dependents shall terminate on the earliest of: a) the date of the policy terminates; b) the date the participating group/association terminates; c) the last day of the month in which the Insured Employee ceases to be eligible for insurance or chooses to terminate their coverage; d) the premium due date required for a Insured Employee in accordance with the conditions of this policy if such premiums are not paid to the Insurer prior to the expiration date of the Grace Period; e) the premium due date following the date the Insured Employee ceases to be Actively at Work on account of leave of absence, lay-off, maternity leave, disability, resignation, or dismissal, except as provided under Section 5 - Continuation of Coverage or Section 6 - Waiver of Premium. f) the date on which the Waiver of Premium terminates, with respect to a benefit for which the premium is being waived under Section 6 - Waiver of Premium, unless the Insured Employee has resumed payment of the premium as an Employee; g) the date on which the Insured Person collects or allows to be collected, as a result of false claims or misrepresentations originating from the Insured Person or a third party, benefit payments which are not provided by the policy, irrespective of the compulsory character of the coverage and of any other recourse which could be exercised by the Insurer. h) the date the Insured Person ceases to be a Canadian resident; i) the date the Insured Person ceases to be covered by a Provincial Health insurance plan; j) the date of the Insured Employee’s death; In addition to the above, and with respect to Coverage B: Dependents Mandatory Life Insurance, Coverage E: Employee Travel Emergency Medical and Coverage F: Employee Excess Medical the insurance of an Insured Spouse or Insured Dependent Child shall also terminate on the last day of the Month in which the Dependent ceases to be eligible for insurance.
Sample 1
TERMINATION OF INDIVIDUAL INSURANCE. Coverage for each Insured Person terminates on the earlier of; the date the policy terminates; or the premium due date on or next following the date the person ceases to be an eligible person. An employee whose employment with the Company extends beyond age 65 will continue to be covered for AD&D in the principal amount of three thousand ($3,000.00) dollars.
Sample 1
TERMINATION OF INDIVIDUAL INSURANCE. The insurance of an Insured Member and of his Insured Dependents shall terminate on the earliest of: a) the date the policy terminates; b) the date the participating Firm terminates;
Sample 1
TERMINATION OF INDIVIDUAL INSURANCE. The insurance of an Insured Debtor with respect to an Indebtedness shall automatically terminate immediately upon the earliest of the following dates: Upon – a) Written notice by the Creditor to the INSURER that the Credit Facility of the Insured Debtor has been cancelled; or b) The attainment of age 65 by the Insured Debtor; or c) The Death or Permanent Disablement of the Insured Debtor; or d) Payment of a Critical Illness benefit; or e) The date the Indebtedness becomes in default for more than 2 months; or f) Non-payment of premiums in respect of that Insured Debtor for a period of 31 days after they have become due; or g) The succeeding month’s billing statement date after receipt by the INSURER of a written notice from the Creditor or the Insured Debtor directing that the insurance be cancelled; or
Sample 1
TERMINATION OF INDIVIDUAL INSURANCE. The insurance of an Insured Person will immediately terminate on the earliest of: the date this policy is terminated; the Premium Due date if the Policyholder fails to pay the required premium for the Insured Person; or the date the Insured Person ceases to be associated with the Policyholder in a capacity making such person eligible for insurance hereunder.
Sample 1

Related to TERMINATION OF INDIVIDUAL INSURANCE

  • Termination of Insurance A. Your policy will lapse if you do not pay your premium when due. B. We may cancel your policy by mailing written notice to you at your most recent address in our records. We will send you this notice ten (10) days before we cancel your policy. C. You may cancel your policy at any time by notifying us in writing. D. We will refund unearned premiums on a prorated basis if either you or we cancel your policy.

  • Separation of Insureds All liability policies shall provide cross-liability coverage as would be afforded by the standard ISO (Insurance Services Office, Inc.) separation of insureds provision with no insured versus insured exclusions or limitations.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • Continuation of Insurance All policies of insurance shall provide for at least 30 days prior written cancellation notice to the Secured Party. In the event of failure by the Debtor to provide and maintain insurance as herein provided, the Secured Party may, at its option, provide such insurance and charge the amount thereof to the Debtor. The Debtor shall furnish the Secured Party with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

  • Cancellation of Insurance There will be no cancellation or reduction of coverage of any required insurance without thirty (30) days’ written notice to the Contractor. Such notice may be sent by the Subcontractor’s insurance carrier, insurance broker, or the Subcontractor. Waiver of Subrogation. Subcontractor waives all rights against Contractor, Client, other subcontractors, and their agents.

  • Retiree Insurance Retired employees and their dependents shall be entitled to continued coverage under the district sponsored group health insurance program, provided the retired employee makes written application with the clerk of the board of education for such continued coverage within thirty (30) days following the retirement of the employee. Retired employees electing continued coverage shall be required to make the monthly premium payment for such continued coverage in advance of the due date of the premium to the carrier. The premium amount will be determined by the carrier. Such payment shall be made to the Board of Education or directly to the insurance carrier, as may be determined by the board. The coverage under the group health-care benefits will cease at such time as (1) the retired employee attains eligibility for Medicare, (2) the retired employee fails to make the required premium payments on a timely basis, or (3) the retired employee becomes covered or is eligible to be covered under a group plan of another employer. For purposes of this provision, retired means those employees who have terminated employment and are receiving a retirement or disability benefit from K.P.E.R.S.

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Retiree Medical Insurance Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.

  • Disability Insurance The Superintendent shall purchase long-term disability insurance from the school district’s carrier at his own expense. The Board will increase his salary by the amount of the premium cost.

  • Group Insurance Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be paid or unpaid leave of absence contact the school district Employee Benefits Department.

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