Common use of Portability and Continuity Benefits Clause in Contracts

Portability and Continuity Benefits. It is agreed and understood that, Upon the Insured Person ceasing to be an Employee/member of the Policyholder, such Insured Person shall have the option to migrate to an approved retail personal accident insurance policy available with Us in accordance with the Portability guidelines issued by the IRDAI, provided that:

Appears in 6 contracts

Samples: irdai.gov.in, www.kotakgeneral.com, www.kotakgeneral.com

AutoNDA by SimpleDocs

Portability and Continuity Benefits. It is agreed and understood that, Upon the Insured Person ceasing to be an Employee/member of the Policyholder, such Insured Person shall have the option to migrate to an approved retail personal accident insurance policy available with w ith Us in accordance with the Portability Porta bility guidelines issued by the IRDAI, provided that:

Appears in 2 contracts

Samples: policyholder.gov.in, policyholder.gov.in

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.