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. Table of short rate premium Coverage period (not exceeding/month(s)) % of the full-year premium 1 15 3 35 4 45 5 55 6 65 7 75 8 80 9 85 10 90 11 95 12 100
Termination of the Policy. A. This Policy shall terminate at the earliest of the following times:
Termination of the Policy. 6.4.1 Policyholder’s right to terminate the Policy The Policyholder is entitled to terminate this Policy at any time. Notice of such termination shall be given in writing. Any other form of notice is invalid. If the policyholder has not prescribed termination date for the Policy, The Policy shall cease to be in force not earlier than at the date of the delivery or dispatch to AIG of the written notice of termination. Where the Insured Device is no longer in the possession of the Policyholder or the Insured to whose possession the Policyholder has given the Insured Device, the insurance cover will automatically terminate. In such circumstance, the Policyholder shall inform AIG of the Insured Device no longer being in his/her, or the Insured’s possession. The Policy will terminate and the liability to pay Premium will end only after such notification is made.
Termination of the Policy. You/We may cancel your Policy at any time by giving 30 days’ written notice.
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. The parties may terminate the policy in writing in accordance with the provisions of The Insurance Contract Act.
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. On the 1st of the month coincident with or immediately following the date you reach age or retire. OF
Termination of the Policy. On the of the month coincident with or following attain- ment of age or retirement. OPTION If your employment terminates, you may convert your Group Life Insur- ance and that on your spouse (where applicable) to an individual policy. individual life insurance policy will be issued without proof satisfac- 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.
