INSURANCE ELECTION definition
INSURANCE ELECTION. I may obtain property insurance from anyone I want who is acceptable to BANK. CREDIT AND/OR DISABILITY INSURANCE ARE VOLUNTARY AND NOT REQUIRED FOR THIS LOAN. I may apply for credit life or credit life and disability insurance coverage but credit disability insurance is not available without credit life insurance. Only one of us may be covered by credit disability insurance if there is more than one of us. The individual signing first below will be the one covered by credit disability if it is selected. I have read the credit life insurance acknowledgment and am applying for the coverage I want by checking the appropriate spaces and signing below. Individual Joint Credit life insurance at the cost of: $ For Mo. ------- ---- ----------------- ---- Date of Birth Date -------------------------------------------------------------------------------------- ------------- ------------- Date of Birth Date -------------------------------------------------------------------------------------- ------------- ------------- Single Credit Disability Insurance at the cost of: $ For Mo. (A maximum of 60 Benefit Payments will ------- ----------------- ---- be paid) Date ------------------------------------------------------------------------------------------------------------------ ------------- ==================================================================================================================================== THE UNDERSIGNED ACKNOWLEDGES HAVING RECEIVED, READ, AND UNDERSTOOD THE NOTICE TO COSIGNER APPEARING BELOW ON THIS CONTRACT. ==================================================================================================================================== ADDITIONAL TERMS AND CONDITIONS: I understand that page two hereof concerns security, prepayments, default, remedies upon default, important disclosures and other miscellaneous provisions, all of which form a part of this Note and are incorporated herein by this reference. WESTSTAR ENVIRONMENTAL, INC. I request that my account no. with the BANK be charged for each payment on its due date. / / ------- /s/ Mich▇▇▇ ▇▇▇▇▇ ▇▇▇RESS: Res RT. ▇ ▇▇▇ ▇▇▇▇-▇ -------------------------- P.O. ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ MICH▇▇▇ ▇▇▇▇▇ Res. Ph. Bus. Phone (904) ▇▇▇-▇▇▇▇ PRESIDENT
Examples of INSURANCE ELECTION in a sentence
INSURANCE ELECTION: Occupants elects one of the following (please initial): I have provided evidence of insurance from my insurance agent or company for my personal property and contents.