YOUR POLICY. If your policy lapsed due to non-payment of premium, you may apply to have it put back into effect. The policy may be reinstated within 30 days of the end of the grace period, by paying to us all overdue Premiums. If this policy is reinstated, the 2 year period for contesting the validity of this policy and any limitations and exclusions begin anew from the date of reinstatement, as set out in the sections entitled “When we will not pay” and “Misrepresentation”.
YOUR POLICY. Although we will check the policy documents we send you, you are responsible for reviewing your policy to ensure that it accurately reflects the cover, conditions, limits and other terms that you require. Particular attention should be paid to any policy conditions, warranties and the claims notification provisions as failure to comply may invalidate your coverage. If there are any discrepancies you should consult us immediately. Claims You are responsible for notifying claims or potential circumstances that may give rise to a claim in accordance with your insurance policy. In presenting a claim it is your responsibility to disclose all facts which are material to the claim. Therefore, to ensure full protection under your policy or similar documentation provided you should immediately familiarise yourself with the coverage conditions or other procedures relating to claims and claims notification. Failure to adhere to the notification requirements particularly with regard to timing requirements may entitle insurers to deny your claim. Therefore, please carefully consider any claims reporting instructions we provide to you because failure to report a claim in a proper and timely manner may jeopardise coverage of the claim. In addition, you should retain copies of all insurance policies and coverage documents as well as claims reporting instructions, as you may need to report claims after the termination of a policy, perhaps long after its expiry date. It is important, therefore, that you keep your policy documents in a safe place. You agree not to permit access by any third party to this information without our express written permission. We reserve our right to take action to protect proprietary information. Payment of Premium You will provide settlement with cleared funds of all monies due in accordance with the payment date(s) specified in our debit note or other relevant payment documentation (“Payment Date”). Failure to meet the Payment Date may lead to insurers cancelling your policy, particularly where payment is a condition or warranty of a policy. It is imperative that you meet all payment dates. We are under no obligation to pay premium by the Payment Date to insurers on your behalf.
YOUR POLICY. Your policy does not cover the following:
YOUR POLICY. You are responsible for reviewing the evidence of insurance cover to confirm that it accurately reflects the cover, conditions, limits and other terms that you require. Particular attention should be paid to any policy conditions, warranties, and the claims notification provisions. Failure to comply allows insurers to take appropriate remedial action. If there are any discrepancies you should consult us immediately. Claims may be made against a policy long after its expiry date, it is therefore important that you keep your policy documents in a secure place.
YOUR POLICY. If your policy ended because it lapsed due to non-payment of premium, you may apply to have it put back into effect if the insured person is alive. This process is called reinstatement. The policy may be reinstated: within thirty-one days of the end of the grace period, by paying to us all overdue premiums, provided that the insured person is alive at the time such payment is received by us; or within two years of the date of lapse, by providing to us a written request for reinstatement, payment of all overdue premiums and evidence of insurability that we consider satisfactory. If this policy is reinstated, the 2 year period for contesting the validity of this policy and any limitations and exclusions begin anew from the date of reinstatement, as set out in the sections entitled “When we will not pay” and “Misrepresentation”.
YOUR POLICY. Thank you for choosing Axa XL. In exchange for the payment of the premium by the organisation and/or trustee, this policy, its schedule and any attached endorsements sets out your insurance. It is a legal contract so please read it carefully. If the details are incorrect please return the policy as soon as practically possible to your broker or agent for alteration.
YOUR POLICY. NOTIFY YOUR NML AGENT OR THE COMPANY AT 000 X. XXXXXXXXX XXXXXX, XXXXXXXXX, WIS. 53202, OF AN ADDRESS CHANGE. CALL YOUR NML AGENT FOR INFORMATION -- PARTICULARLY ON A SUGGESTION TO TERMINATE OR EXCHANGE THIS POLICY FOR ANOTHER POLICY OR PLAN. ELECTION OF TRUSTEES The members of The Northwestern Mutual Life Insurance Company are its policyholders of insurance policies and deferred annuity contracts. The members exercise control through a Board of Trustees. Elections to the Board are held each year at the annual meeting of members. Members are entitled to vote in person or by proxy. VARIABLE WHOLE LIFE POLICY WITH EXTRA LIFE PROTECTION ELIGIBLE FOR ANNUAL DIVIDENDS Insurance payable at death of Insured. Fixed premiums payable for period shown on page 3. Benefits reflect investment results. Variable benefits described in Sections 5 through 8. Provided no premium is unpaid as of its due date, the Death Benefit for the first policy year will be the minimum death benefit shown on page 3, less any policy debt. The Death Benefit after that may increase or decrease on each policy anniversary depending on investment results. However, if no premium is unpaid as of its due date, the Death Benefit will not be less than the minimum death benefit shown on page 3, less any policy debt. The cash value under this policy may increase or decrease daily depending on investment results. There is no guaranteed minimum cash value.
YOUR POLICY. 1.3.1. The individual sections set out the scope of main coverage and the circumstances in which our liability to you is limited, or may be excluded. Further, each section sets out other terms and conditions.
YOUR POLICY. 1.4.1 Each section sets out the scope of the main coverage and the circumstances in which our liability to you is limited or may be excluded. Further, each section sets out other terms and conditions relevant to that section. The cover provided by each section is only operative if stated as ‘insured’ in the schedule. Where any schedule heading or sub-heading states ‘n/a’, ‘not applicable’ or ‘not insured’ then no cover applies for that item.
YOUR POLICY. 1.3.1 This document, together with its schedule and any attached endorsements, is the policy which sets out this insurance. It is a legal contract so please read all of it carefully.
