For individual insurance policy. The insurance under the Insurance Policy for an Insured shall be terminated at such time as the benefits applicable to such Insured shall have been exhausted or at midnight on the last day of the Insured Period with respect to such Insured. In the case where, at the time of termination of benefits, an Insured is confined in a Hospital for a Sickness or Injury covered under the Insurance Policy, then the time of termination of benefits shall be extended to the time (A) he/she no longer requires confinement for the said Sickness or Injury or (B) the time his/her benefits for the said Sickness or Injury is exhausted, whichever shall occur first. For the purpose of this part, “confinement” means a continuous period of not less than 18 hours as a registered in-patient in a Hospital.
