Common use of CURRENCY AND EXCHANGE RATES Clause in Contracts

CURRENCY AND EXCHANGE RATES. a) All payments will be made in Ringgit Malaysia (RM). b) All premiums shall be paid in Ringgit Malaysia (RM). c) In the event that the Insured Person is admitted to a Hospital and/or receives medical treatment outside Malaysia and renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify the Insured or the Insured Person’s legal personal representative in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date the Insured Person is discharged from Hospital.

CURRENCY AND EXCHANGE RATES. a) All payments will be made in Ringgit Malaysia (RM). b) All premiums contributions shall be paid made in Ringgit Malaysia (RM). c) In the event that the Insured Covered Person is admitted to a Hospital and/or receives medical treatment outside Malaysia and renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify the Insured Participant or the Insured Covered Person’s legal personal representative in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date the Insured Covered Person is discharged from Hospital.

CURRENCY AND EXCHANGE RATES. a) All payments will be made in Ringgit Malaysia (RM). b) All premiums contributions shall be paid in Ringgit Malaysia (RM). c) In the event that the Insured Covered Person is admitted to a Hospital and/or receives medical treatment outside Malaysia and renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify the Insured Participant or the Insured Covered Person’s legal personal representative in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date the Insured Covered Person is discharged from Hospital.

CURRENCY AND EXCHANGE RATES. a) All payments will be made in Ringgit Malaysia (RM). b) All premiums shall be paid in Ringgit Malaysia (RM). c) In the event that the Insured Person is admitted to a Hospital and/or receives medical treatment outside Malaysia and renders bills in a currency other than Ringgit Malaysia (RM), We shall indemnify the Insured or the Insured Person’s legal personal representative in Ringgit Malaysia (RM) based on the quoted exchange rate (open market rate if a free market, official rate if not a free market) on the date the Insured Person is discharged from Hospital.