Common use of Guaranteed Renewability Clause in Contracts

Guaranteed Renewability. Guaranteed renewability Benefit is only applicable for policy term of 5 years (renewable). At the end of each 5 years policy term, this policy will be renewed automatically from the renewal date for another 5 years, without giving Us proof of good health if the following conditions are met:

Guaranteed Renewability. Guaranteed renewability Benefit is only applicable for policy term of 5 years (renewable) and 10 years (renewable). 5 years (renewable) At the end of each 5 five (5) years policy term, this policy will be renewed automatically from the renewal date for another 5 yearsthe same policy term of five (5) years on the same terms and conditions, unless otherwise decided by Us, without giving Us proof of good health if the following conditions are met: