OFFICE OF THE COMMISSIONER OF INSURANCE Sample Clauses

OFFICE OF THE COMMISSIONER OF INSURANCE. The Insured will be made whole before the insurer may retain amounts it has recovered. Proof of loss should be furnished by You to the Administrator as soon as reasonably possible and within one (1) year after the time required by this Agreement. Failure to furnish such notice or proof within the time required by this Agreement or to obtain preauthorization does not invalidate or reduce a claim, and We will not deny a claim unless We are prejudiced by such failure. The Service Contract Provider is AIG WarrantyGuard, Inc., located at 000 Xxxx Xxxxxxx, Xxxxx 0000, Xxxxxxx, XX 60606- 6613. Obligations of the provider under this Agreement are insured under a service contract reimbursement insurance policy. In Alabama, Arkansas, Hawaii, Illinois, Maryland, Minnesota, New Mexico, New York, South Carolina, Utah, Wisconsin, & Wyoming: Section (I.) General Provisions # 1.b), is replaced with the following: In the event of cancellation You will receive a pro- rata refund of the Agreement price, minus any paid claims. In Arizona, Florida, Illinois, Utah, & Vermont: Section (I.) General Provisions # 1.c), is replaced with the following: In the event of cancellation within the first thirty (30) days of the receipt of this Agreement, You will be refunded the full Agreement price, minus any paid claims. In Alabama, Arkansas, Hawaii, Louisiana, Massachusetts, Maine, Maryland, Minnesota, Missouri, New Mexico, New York, South Carolina, Wisconsin & Wyoming: Section (I.) General Provisions # 1.c), is replaced with the following: In the event of cancellation within the first thirty
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OFFICE OF THE COMMISSIONER OF INSURANCE. In the event of cancellation of this agreement, obligor will mail a written notice to the agreement owner at the last known address of the agreement owner contained in the records of the obligor at least five (5) days prior to cancellation by the obligor. Such notice shall state the effective date of the cancellation and the reason for the cancellation per the written agreement. Any arbitration proceedings shall be conducted within the state of Wyoming. You have the option to litigate Disputes between You and Us in court. In the event of cancellation of this Agreement, Obligor will mail a written notice to the Owner at the last known address of the Owner contained in the records of the provider at least (10) days prior to cancellation by the Obligor. Prior notice is not required if the reason for cancellation is non-payment of the provider fee, a material misrepresentation by the Owner to the Obligor, or a substantial breach of duties by the Owner relating to the covered product.
OFFICE OF THE COMMISSIONER OF INSURANCE o The Insured will be made whole before the insurer may retain amounts it has recovered. o Proof of loss should be furnished by You to the Administrator as soon as reasonably possible and within one (1) year after the time required by this Agreement. Failure to furnish such notice or proof within the time required by this Agreement does not invalidate or reduce a claim. In other words, you may not deny a claim solely because the contract holder did not obtain preauthorization. In Wyoming:
OFFICE OF THE COMMISSIONER OF INSURANCE. You may cancel this Service Agreement at any time. We may only cancel this Service Agreement for material misrepresentation by You, nonpayment by You or a substantial breach of duties by You relating to the covered property or its use. If We cancel this Service Agreement, We shall mail a written notice to You at Your last known address at least five (5) days prior to cancellation. The notice shall state the effective date of the cancellation and the reason for the cancellation. If this Service Agreement is canceled within thirty (30) days of the date of purchase and no claims have been paid, the Administrator shall return one hundred percent (100%) of the purchase price. If this Service Agreement is canceled after thirty (30) days of the date of purchase or a claim has been paid, the Administrator shall return one hundred percent (100%) of the unearned pro‐rata purchase price, less claims paid and less a cancellation fee not to exceed ten percent (10%) of the purchase price. If You request cancellation due to a total loss of Your Product which is not covered by a replacement under the terms of Your Service Agreement, the Administrator shall return one hundred percent (100%) of the unearned pro‐rata purchase price, less claims paid If You request cancellation of this Service Agreement within thirty (30) days of the purchase date of the Service Agreement and the refund is not paid or credited within forty‐ five (45) days after return of the Service Agreement to Us, a ten percent (10%) penalty will be added to the refund for every thirty
OFFICE OF THE COMMISSIONER OF INSURANCE. This is a ‘service contract’ as
OFFICE OF THE COMMISSIONER OF INSURANCE. In the event of cancellation of this agreement, obiligor will mail a written notice to the agreement owner at the last known address of the agreeement owner contained in the records of the obligor at least five (5) days prior to cancellation by the obligor. Such notice shall state the effective date of the cancellation and the reason for the cancellation. WYOMING ONLY - Arbitration is only binding if, at the time a Dispute arises, the parties mutually agree to submit their matters of difference to binding arbitration in a separate written agreement. Any arbitration proceedings shall be conducted within the state of Wyoming. You have the option to litigate Disputes between You and Us in court. In the event of cancellation of this Agreement, Obligor will mail a written notice to the Owner at the last known address of the Owner contained in the records of the provider at least (10) days prior to cancellation by the Obligor. Prior notice is not required if the reason for cancellation is nonpayment of the provider fee, a material misrepresentation by the Owner to the Obligor, or a substantial breach of duties by the Owner relating to the covered product or its use.
OFFICE OF THE COMMISSIONER OF INSURANCE o The Insured will be made whole before the insurer may retain amounts it has recovered. o The Service Contract Provider is AIG WarrantyGuard, Inc., located at 000 Xxxx Xxxxxxx, Xxxxx 0000, Xxxxxxx, XX 60606- 6613. Obligations of the provider under this Agreement are insured under a service contract reimbursement insurance policy. In Alabama, Arkansas, Hawaii, Illinois, Maryland, Minnesota, New Mexico, New York, South Carolina, Utah, Wisconsin, & Wyoming: • Section VIII Cancellation of This Agreement, # 2 is replaced with the following: In the event of cancellation You will receive a pro-rata refund of the Agreement price, minus any paid claims. In Arizona, Florida, Illinois, Utah, & Vermont: • Section VIII Cancellation of This Agreement, # 3 is replaced with the following: In the event of cancellation within the first thirty (30) days of the receipt of this Agreement, You will be refunded the full Agreement price, minus any paid claims. SAMPLE In Alabama, Arkansas, Hawaii, Louisiana, Massachusetts, Maine, Maryland, Minnesota, Missouri, Xxx Xxxxxx, Xxx Xxxx, Xxxxx Xxxxxxxx, Xxxxxxxxx & Wyoming: • Section VIII Cancellation of This Agreement, # 3 is replaced with the following: In the event of cancellation within the first thirty
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OFFICE OF THE COMMISSIONER OF INSURANCE. The Insured will be made whole before the insurer may retain amounts it has recovered. SAMPLE Proof of loss should be furnished by You to the Administrator as soon as reasonably possible and within one (1) year after the time required by this Agreement. Failure to furnish such notice or proof within the time required by this Agreement does not invalidate or reduce a claim. In other words, you may not deny a claim solely because the contract holder did not obtain preauthorization. In Alabama, Arkansas, Hawaii, Illinois, Maryland, Minnesota, New Mexico, New York, South Carolina, Utah, Wisconsin, & Wyoming: Section (I.) General Provisions # 1.b), is replaced with the following: In the event of cancellation You will receive a pro- rata refund of the Agreement price, minus any paid claims. In Arizona, Florida, Illinois, Utah, & Vermont: Section (I.) General Provisions # 1.c), is replaced with the following: In the event of cancellation within the first thirty (30) days of the receipt of this Agreement, You will be refunded the full Agreement price, minus any paid claims. In Alabama, Arkansas, Hawaii, Louisiana, Massachusetts, Maine, Maryland, Minnesota, Missouri, New Mexico, New York, South Carolina, Wisconsin & Wyoming: Section (I.) General Provisions # 1.c), is replaced with the following: In the event of cancellation within the first thirty
OFFICE OF THE COMMISSIONER OF INSURANCE. This Service Contract is not a contract of insurance. This is a Service Contract as regulated under Wisconsin law and as referenced in the Federal Public Law #93-637.
OFFICE OF THE COMMISSIONER OF INSURANCE. You may cancel this Service Agreement at any time. We may only cancel this Service Agreement for material misrepresentation by You, nonpayment by You or a substantial breach of duties by You relating to the covered property or its use. If We cancel this Service Agreement, We shall mail a written notice to You at Your last known address at least five (5) days prior to cancellation. The notice shall state the effective date of the cancellation and the reason for the cancellation. If this Service Agreement is canceled within thirty (30) days of the date of purchase and no claims have been paid, the Administrator shall return one hundred percent (100%) of the purchase price paid and the Service Agreement shall be void. If You request cancellation of this Service Agreement within thirty (30) days of the purchase date of the Service Agreement and the refund is not paid or credited within forty‐five (45) days after return of the Service Agreement to Us, a ten percent (10%) penalty will be added to the refund for every thirty (30) days the refund is not paid. The right to void the Service Agreement applies only to the original purchaser of the Service Agreement. Unauthorized repairs may not be covered. If this Service Agreement is canceled after thirty (30) days of the date of purchase or a claim has been paid, the Administrator shall return one hundred percent (100%) of the unearned pro‐rata Service Agreement purchase price paid, less claims paid and less a cancellation fee not to exceed ten percent (10%) of the Service Agreement purchase price paid. If You request cancellation due to a total loss of Your Product which is not covered by a replacement under the terms of Your Service Agreement, the Administrator shall return one hundred percent (100%) of the unearned pro‐rata Service Agreement purchase price paid, less claims paid. The GUARANTY section is amended to include: Should We fail to pay any claim or fail to replace the Product covered under this Service Agreement within sixty (60) days after You provide proof of loss or, in the event You cancel this Service Agreement and We fail to refund the unearned portion of the Service Agreement Purchase Price or, if the Provider becomes insolvent or otherwise financially impaired, You are entitled to make a direct claim against the insurer, Wesco Insurance Company, at 1‐866‐505‐4048 or 00 Xxxxxx Xxxx, 0xx Xxxxx, Xxx Xxxx, XX 00000 for reimbursement, payment or provision of this Service Agreement. Wyoming only: If Yo...
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