Common use of purchased Clause in Contracts

purchased. property when the Insured Person fails to exercise Due Diligence and Proof of Loss. CLAIM PROOF OF LOSS: Complete Proof of Loss must be given to THE COST: This insurance plan is provided at no additional cost to iii) personal property stolen from public places when the Insured EFFECTIVE DATE: Your insurance becomes effective on the latest the Administrator within 90 days after a covered loss. eligible Financial Institution Program Debit Cardholders. Financial Person fails to exercise Due Diligence; Theft must be reported to the of: the effective date of this policy, the date on which you first meet the the Insured Person within 60 days after the Administrator receives WHEN COVERAGE APPLIES: Coverage applies for 90 days personal property with no evidence of a wrongful act; ii) baggage for which required premium is paid for you. Insurance for you Proof of Loss. immediately following a Covered Purchase. and/or its contents unless carried by the Insured Person by hand or automatically terminates on the earliest of: the termination date of this EFFECTIVE DATE: Your insurance becomes effective on the latest COVERAGE: We will reimburse the Insured up to $1,000 for Covered under the Insured Person’s personal supervision or a traveling policy, the expiration of the period for which required premium has of: the effective date of this policy, the date on which you first meet the Purchases that are damaged or stolen, except if stolen from vehicles. companion previously known to the Insured Person; 3) Any fraudulent been paid for you, the date on which you no longer meet the eligibility eligibility criteria as the Insured Person or the beginning of the period This coverage only applies if the Insured Person charged or debited or illegal activity of the Insured Person; 4) Wear and tear or gradual criteria as the Insured Person. for which required premium is paid for you. Insurance for you the entire cost of the Covered Purchase to the Insured Person’s deterioration; 5) Moths, vermin, inherent vice; 6) Product defects or As a handy reference guide, please read this and keep it in a safe automatically terminates on the earliest of: the termination date of this Account during the Policy period, are part of and not in addition to the items covered by a manufacturer’s recall; 7) Damage sustained due place with your other insurance documents. This description of policy, the expiration of the period for which required premium has Benefit Amount and the Annual Maximum Benefit Amount of $50,000. to any process or while actually being worked upon and resulting there coverage is not a contract of insurance but is a summary of the been paid for you, the date on which you no longer meet the eligibility We will reimburse the Insured Person for the lesser of: 1) the cost of from; 8) Confiscation by any government, public authority or customs principal provisions of the insurance while in effect. Complete policy criteria as the Insured Person. the Covered Purchase indicated on the Insured Person's Account official; 9) Natural Disaster; 10) Failure of the Insured Person to provisions are contained In the Master Policy 9907-36-46 , which can