Common use of Interests of Other Clause in Contracts

Interests of Other. Parties If we are advised of any party having a financial interest over your insured property, we may pay part or all of any valid claim proceeds to that party to the extent of their interest. This will form part of our obligations to you under this policy. You consent to us transferring your relevant personal information to that party. Any party, who is recorded as having a financial interest under this policy, is not covered by this policy and does not have rights to claim under this policy.

Appears in 4 contracts

Samples: Introduction Insurance Agreement, Introduction Insurance Agreement, Introduction Insurance Agreement

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