Examples of Passive War in a sentence
Notwithstanding the non payment of any regular contribution, the Company will continue to deduct the monthly cost of insurance benefits (Death, TPD, Passive War and Accident), the monthly administration and investment fees as outlined under paragraphs 5.4 and 5.5 and as long as there are sufficient funds in the regular Investment Account to cover the monthly costs and fees due.
Notwithstanding the above, Passive War Extension is always excluded for nationals in their country of origin.
Where You are insured under more than one Policy with the Company covering Passive War Extension, Our maximum liability for any and all claims arising directly or indirectly from Passive War Extension will be limited to one Policy only (with the highest limit on Passive War Extension where applicable).
Where the Insured Person is insured under more than one Policy with the Company covering Passive War Extension, Our maximum liability for any and all claims arising directly or indirectly from Passive War Extension will be limited to one Policy only (with the highest limit on Passive War Extension where applicable).
A request for leave under paragraph 1 should be submitted on the "Application for Tuition Discount" form that may be obtained from the Financial Aid Office (See "TuitionDiscount" policy).
Passive War Risk Cover & Terrorism is covered, however claims in any way occurring as a direct or indirect consequence of War or war-like operations or Terrorism is not covered in any of the following: a.
In no case the Passive War Risk shall be covered in Syria, Libya, North Korea, Iraq, Iran, Yemen Afghanistan and Palestine.
Passive War/ Passive terrorism as an innocent bystander is covered for death benefit, PTD Accident 6.
The Operator shall have the right to introduce a contribution or alter an existing Plan Contribution or charge an extra contribution by an appropriate deduction from the PIA or cancel the liability with respect to Passive War Risk Benefit at any time in exceptional circumstances to reflect increased risk in response to changed circumstances after a period of notice of seven days to the last known address of the Plan Holder.
Passive War cover is excluded if an insured person is permanently assigned to a country after war has been declared in that country or after it has been recognized as a war zone by the United Nations or where there are warlike operations.Warlike operations means hostilities, mutiny, riot, civil commotion, civil war, rebellion, revolution, insurrection, conspiracy, military or usurped power and martial law or state of siege.