Common use of Study Interruption Clause in Contracts

Study Interruption. The Company shall reimburse the Policyholder for Tuition up to the limit stated in the Schedule of Benefits that have actually been paid in advance to the OEI that are not refundable nor recoverable from any other source, as a result of the occurrence of any of the following events which prevent the Insured Person from continuing his/her study for the remaining part of a school term at the OEI, up to the limit stated in the Schedule of Benefits in the Policy, due to: 1. Death or Terminal Sickness of the Insured Person; 2. Hospitalization of the Insured Person in a hospital for more than thirty (30) consecutive days; 3. Medical evacuation, as a result of which the Insured Person is evacuated back to Macau, under Section 5.1 - Emergency Medical Evacuation; or 4. Death of any Immediate Family Member of the Insured Person. 1. The Tuition is paid by any party other than the Policyholder or Policyholder's spouse. 2. Any loss arising out of any Terrorist Act.

Appears in 2 contracts

Sources: Travel Insurance Terms and Conditions, Travel Insurance Terms and Conditions