Common use of Insurer Not a Party Clause in Contracts

Insurer Not a Party. Subject to the terms and conditions of the Policy, the Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy and upon the performance of its other obligations in accordance with the terms of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy.

Insurer Not a Party. Subject to the terms and conditions of the Policy, the An Insurer shall be fully discharged from its obligations under the a Policy by payment of the Policy that Policy's death benefit to the beneficiary or beneficiaries named in the Policy that Policy, subject to its terms and upon the performance of its other obligations in accordance with the terms of the Policyconditions. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereofamendment. No provision of this Agreement, nor of or any modification or amendment hereofamendment, shall in any way be construed as enlargingenlarge, changingchange, varyingvary, or in any other way affecting affect the obligations of the an Insurer as expressly provided in a Policy, except as the Policyprovisions of this Agreement are made a part of that Policy by the collateral assignment executed by the Owner and filed with the Insurer.

Insurer Not a Party. Subject to the terms and conditions of the Policy, the Insurer shall be fully folly discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy and upon the performance of its other obligations in accordance with the terms of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy.