Coverage Activation Sample Clauses
The Coverage Activation clause defines the specific conditions or events that must occur for an insurance policy or contractual coverage to become effective. Typically, this clause outlines requirements such as payment of premiums, completion of necessary documentation, or the passage of a waiting period before coverage begins. By clearly stating when coverage is activated, the clause ensures that both parties understand when protection or benefits are available, thereby preventing disputes over the timing of coverage and ensuring clarity in the contractual relationship.
Coverage Activation. For coverage to be in effect, You must:
1. Use Your TD Credit Card to pay for the entire rental from a
2. Decline the Rental Agency’s CDW option or similar coverage offered by the Rental Agency on the rental contract. If there is no space on the vehicle rental contract for You to indicate that You have declined the coverage, then indicate in writing on the contract “I decline CDW provided by this merchant”. • Rental vehicles which are part of prepaid travel packages are also covered if the total package was paid by Your TD Credit Card. • You are covered if You receive a “free rental” as a result of a promotion where You have had to make previous vehicle rentals and if each such previous rental was entirely paid for with Your TD Credit Card. • You are covered if You receive a “free rental” day(s) as a result of TD Travel Rewards Program (or similar TD Credit Card program) for the number of days of free rental. If the free rental day(s) are combined with rental days for which You pay the negotiated rate, this entire balance must be paid by Your TD Credit Card.
Coverage Activation. For coverage to be in effect, You must:
