Common use of Fraud or Misrepresentation Clause in Contracts

Fraud or Misrepresentation. In addition, if any person obtains coverage and/or benefits or other payments in connection with this Agreement by reason of any direct or indirect act of fraud or misrepresentation (including fraud or misrepresentation by omission), as determined by Surency (or its representative or delegate) such individual will be required to make restitution to, and/or pay any direct or indirect fees, expenses, costs, losses, or other damages suffered by, Surency by reason of such act of fraud or misrepresentation in such amount or amounts as may be determined by Surency (or its representative or delegate). Surency also may take such other and further action with respect to such individual as it deems necessary or appropriate, including, but not limited to, retroactively terminating such individual’s coverage under the Agreement.