Common use of Claims Practices Clause in Contracts

Claims Practices. It is the Company’s sole decision to determine whether to investigate, contest, compromise or litigate a claim; however, the Company is responsible for investigating, contesting, compromising or litigating Reinsured Policy claims in accordance with applicable law and policy terms. I2526854US-24 (01-01-2025) (QT27458US24) 17 The Company acknowledges that it obtains certified death certificates for death claims that are over $500,000 and obtains a copy of the non-certified death certificate for death claims of $500,000 or less.

Claims Practices. It is the Company’s sole decision to determine whether to investigate, contest, compromise or litigate a claim; however, the Company is responsible for investigating, contesting, compromising or litigating Reinsured Policy claims in accordance with applicable law and policy terms. I2526854US-24 (01-01-2025) (QT27458US24) 17 The Company acknowledges that it obtains certified death certificates for death claims that are over $500,000 and obtains a copy of the non-certified death certificate for death claims of $500,000 or less.

Claims Practices. It is the Company’s sole decision to determine whether to investigate, contest, compromise or litigate a claim; however, the Company is responsible for investigating, contesting, compromising or litigating Reinsured Policy claims in accordance with applicable law and policy terms. I2526854US-24 (01-01-2025) (QT27458US24) 17 The Company acknowledges that it obtains certified death certificates for death claims that are over $500,000 and obtains accepts a copy of the non-certified death certificate for death claims of $500,000 or less.

Claims Practices. It is the Company’s sole decision to determine whether to investigate, contest, compromise or litigate a claim; however, the Company is responsible for investigating, contesting, compromising or litigating Reinsured Policy claims in accordance with applicable law and policy terms. I2526854US-24 (01-01-2025) (QT27458US24) 17 The Company acknowledges that it obtains certified death certificates for death claims that are over $500,000 250,000 and obtains a copy of the non-certified death certificate for death claims of $500,000 250,000 or less.