Termination of the Policy. 1) The Insured shall be entitled to terminate this Insurance Policy by sending a written notice to the Company and be entitled to receive a refund of the insurance premium after deduction of the insurance premium for the period of effectiveness hereof at the rate of short-term premium indicated in the table below.
2) The Company may terminate this Insurance Policy by sending the Insured a written notice at least 30 days in advance by registered mail or other methods that the Insured has accepted if there is clear evidence that the Insured has committed Insurance Fraud to make him/herself or other to obtain the sum insured hereunder. The Company shall not be liable for any indemnity claim arising out of the above action. In this case, the Company shall refund the insurance premium to the Insured after proportionate deduction of the insurance premium for the period in which the Insurance Policy has partially been in effect. However, in the case that the Insured terminates the Insurance Policy under 1) and the Company has completely paid the Maximum Benefits per Policy Year (If any) as indicated in the Benefit Schedule, the Company shall not refund the insurance premium.
Termination of the Policy. 6.4.1 Policyholder’s right to terminate the Policy
6.4.2 AIG’s right to terminate the Policy at the close of the Policy Period
6.4.3 AIG’s right to terminate the Policy during the Policy Period
1. either the Policyholder or the Insured has given incorrect or incomplete information prior to the issuance of the Policy and if AIG had not issued the Policy had it been aware of the true circumstances;
2. during the Policy Period there has been a change either in the circumstances reported to AIG by the Policyholder or the Insured at the time the Policy was concluded or in the circumstances recorded in the schedule which materially increases the risk and which AIG cannot be considered to have taken into account when the Policy was concluded;
3. the Insured has willfully or through gross negligence failed to comply with precautionary guidelines;
4. the Insured has willfully or through gross negligence caused the occurrence of an Insurance Event;
5. Insured has, after the occurrence of an Insured Event, in bad faith given AIG incorrect or incomplete information of importance for the assessment of AIG’s liability. After learning about a circumstance which justifies termination, AIG will give written notice of the termination of the Policy without undue delay. The notice will contain a mention of the reason for termination. The Policy expires one month after the date that AIG sent the Policyholder a notice of termination.
Termination of the Policy. Termination of the individual coverage shall be without prejudice to any claim arising prior to such date of termination.
Termination of the Policy. A. This Policy shall terminate at the earliest of the following times: 1. the effective date of termination specified in a prior written notice by the Named Sponsor to the Insurer. However, this Policy may not be terminated by the Named Sponsor after the effective date of any acquisition of the Named Sponsor as described in Section XIII, Material Changes in Conditions;
Termination of the Policy. A. This Policy shall terminate at the earliest of the following times:
1. the effective date of termination specified in a prior written notice by the Named Insured to the Insurer;
Termination of the Policy. This Policy will terminate or end on the earliest of the following: • On the date that all claims in the policy are paid; • On the expiry of the Period of Insurance; • When either You or Us cancel the Policy. • On the death of the Policyholder We may immediately cancel this Policy, or place it on hold, refuse any transaction or instructions, or take any other action considered necessary in order to comply with the law and prevent or stop any undesirable or criminal activity.
Termination of the Policy. Agreements may be cancelled by you under certain conditions, even prior to the expiry of the agreed duration of the agreement. The applicable conditions for this are as follows. The agreement ends in accordance with the General Terms and Conditions for Liability Insurance (AHB).
Termination of the Policy. You/We may cancel your Policy at any time by giving 30 days’ written notice.
Termination of the Policy. On the 1st of the month coincident with or immediately following the date you reach age or retire.
Termination of the Policy. On the of the month coincident with or following attain- ment of age or retirement. tory health provided the completed application along with the neces- sary premium, is to Confederation Life days of the date of termination. types of policies available for conversion are: Term Insurance for a year period which, before the year has passed, may be converted (without evidence of insurability) to any of the poli- cies described in points or Non-convertible Term Insurance for the period up to age Any regular plan of life insurance. The conversion policy will not include disability, double indemnity, dismemberment or accidental death provisions. If you or your spouse die during the day period in which you are eligible to make application for conversion, the amount of Group Life Insurance available for this purpose will be payable whether or not you applied for conversion. Certain conversion rights are also available on policy termination. Details on conversions may be obtained from your Employer or the Group Adminis- tration at Confederation Life’s Home Office.
