SBC Update Clause Samples

The SBC Update clause establishes the process for revising or updating the Service Benefit Certificate (SBC) during the term of an agreement. Typically, this clause outlines when and how changes to the SBC must be communicated to relevant parties, such as providing advance notice of modifications or updates to coverage details. Its core practical function is to ensure that all stakeholders remain informed about the current terms of service benefits, thereby maintaining transparency and compliance with regulatory requirements.
SBC Update. BCN will seasonably update Group SBCs for applicable BCN coverages following a change in BCN coverage or in the context of a Notice of Material Modification affecting a previously issued SBC for BCN coverage. Group Responsibilities: