Examples of Principal Insured in a sentence
If you do not set up an account and provide the account information within three (3) calendar days, we will automatically issue the payment via a check mailed to the address on file.Unclaimed funds are subject to the applicable laws concerning unclaimed property.By signing and dating this form, you attest that you are the Principal Insured under the coverage for which your claim was submitted.
The maximum amount of Personal Accident Benefit accepted by the Company on the life of a child under the age of twenty-four (24) shall be 25% of the Personal Accident Benefit of the Principal Insured, up to the maximum benefit limit as stated in the Policy Schedule.
The maximum limit of the Personal Accident Benefit for the entire Family (including the Principal Insured) will not exceed the benefit limits stated in the Policy Schedule or Official Confirmation of Coverage.
Each party will, forthwith upon Having Knowledge, notify the other if a Principal Insured Risk becomes or is expected to become Uninsurable.
The Administrator must inform the Principal Insured of any material amendment of the terms and conditions.