Common use of Voluntary Termination of Coverage Clause in Contracts

Voluntary Termination of Coverage. a. A Contractholder may voluntarily end coverage at any time by submitting a written request for termination to AvMed. The termination request must be received by us at least 14 days in advance of your requested termination date, and must include the name and Member identification number of each Member whose coverage is to be terminated. If you enrolled through the Marketplace, your termination request will be processed and Premiums will be pro- rated accordingly. If you enrolled outside the Marketplace, termination will be effective on the last day of the month in which your request is received. A voluntary termination request cannot be applied retroactively.

Appears in 10 contracts

Samples: avmed.org, avmed.org, avmed.org

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.