Notification Regarding Coverage Clause Samples

Notification Regarding Coverage. Upon reasonable written request by a Party, the other Party shall furnish to the requesting Party written evidence that the policy or policies described above remain in full force and effect in compliance with this Agreement. Each Party shall each notify the other in the event of any nonpayment of premiums or other conditions that would cause the policy or policies to lapse, and each Party shall request the insurance company issuing the policy to send to the other Party (and the trustees of the Insurance Trust, if applicable) copies of all notices of premiums due, together with notices of default on premiums, if any, and notices of any change in beneficiary.