Insuree definition
Examples of Insuree in a sentence
The beneficiary hereunder is the Insuree (the Insured), unless otherwise stipulated in the Policy.
In case of death of the Insuree (the Insured Person), the insurance coverage is received by heirs of the Insuree (the Insured) according to the law, testament or inheritance contract.
The Insuree has no right to replace the Beneficiary before the occurrence of the insured event.
However, each Insuree shall be subject to the wording of the Policy, which was in force on the date of concluding hereof and such wording of the Policy shall remain in force until the Insurance Policy termination under the provisions of clause 12.3. hereof.
As well as the Insuree shall inform the Insurer about the increase of the risk level during the validity period of the Insurance Policy.
The terms and conditions hereof are automatically, unconditionally accepted by the Insuree through acceptance of the present offer (conclusion of the Voluntary Insurance Policy; performance of actions, testifying the conclusion of the Voluntary Insurance Policy).