Common use of Study Interruption Clause in Contracts

Study Interruption. We will reimburse the Insured Person the tuition fees which has already been paid in advance to the Educational Institution, upto the amount as specified in the Policy Schedule / Certificate of Insurance, during the Coverage Period in the event that the Insured Person is required to repeat the academic semester solely or directly due to any of the following reasons: a. In the event of Hospitalization of the Insured Person of more than consecutive 30 days or the number of days as specified in Policy Schedule / Certificate of Insurance due to Injury or Illness, as specified in the Certificate of Insurance; b. In case of the death or emergency Hospitalisation of Insured Person’s Immediate Relative for minimum number of days specified in the Policy Schedule / Certificate of Insurance which prohibits the Insured Person from continuing his/her studies; This Benefit will be payable provided that: a. The Educational Institutionraised a demand for such fees and the same is paid by the Insured Person for the repeated semester. b. We shall not liable to pay any amount refunded by the Educational Institution.