Common use of Guaranteed Clause in Contracts

Guaranteed. Subject to the terms of this Contract, and upon the death of the Contract Beneficiary, the Provider shall furnish the Cemetery Merchandise and Services as set forth in this Contract, regardless of the cost of the Cemetery Merchandise and Services at the date of the death of the Contract Beneficiary. THIS CONTRACT DOES NOT GUARANTEE THE PRICE OF CASH ADVANCE ITEMS. Cash Advance Items are paid by the Provider, on the Purchaser’s behalf, to third parties. The Provider has no way of guaranteeing Cash Advance Item prices at death, as they are estimated now. Any additional cost for Cash Advance Items will be the responsibility of the Purchaser or the Contract Beneficiary’s Legal Representative. Any additional items chosen which are not specifically included in this Contract will be paid for when the Cemetery Merchandise and Services are provided. The Provider will be entitled to all assigned insurance proceeds, except for the amount that exceeds the actual cost of Cemetery Merchandise and Services, at the time of need (Contract Beneficiary’s death). This Contract provides benefits in the form of Cemetery Merchandise and Services only, unless Non-Guaranteed Cash Advance Items are specified.

Appears in 6 contracts

Sources: Preneed Cemetery Merchandise and Services Contract, Contract for Preneed Cemetery Merchandise and Services, Preneed Cemetery Merchandise and Services Contract

Guaranteed. Subject to the terms of this Contract, and upon the death of the Contract Beneficiary, the Provider shall furnish the Cemetery Funeral Merchandise and Services as set forth in this Contract, regardless of the cost of the Cemetery Funeral Merchandise and Services at the date of the death of the Contract Beneficiary. THIS CONTRACT DOES NOT GUARANTEE THE PRICE OF CASH ADVANCE ITEMS. Cash Advance Items are paid by the Provider, on the Purchaser’s behalf, to third parties. The Provider has no way of guaranteeing Cash Advance Item prices at death, as they are estimated now. Any additional cost for Cash Advance Items will be the responsibility of the Purchaser or the Contract Beneficiary’s Legal Representative. Any additional items chosen which are not specifically included in this Contract will be paid for when the Cemetery Funeral Merchandise and Services are provided. The Provider will be entitled to all assigned insurance proceeds, except for the amount that exceeds the actual cost of Cemetery Funeral Merchandise and Services, at the time of need need, (Contract Beneficiary’s death). This Contract provides benefits in the form of Cemetery Funeral Merchandise and Services only, unless Non-Guaranteed Cash Advance Items are specified.

Appears in 3 contracts

Sources: Contract for Preneed Funeral Merchandise and Services, Contract for Preneed Funeral Merchandise and Services, Preneed Funeral Merchandise and Services Contract

Guaranteed. Subject to the terms of this Contract, and upon the death of the Contract Beneficiary, the Provider shall furnish the Cemetery Funeral Merchandise and Services as set forth in this Contract, regardless of the cost of the Cemetery Funeral Merchandise and Services at the date of the death of the Contract Beneficiary. THIS CONTRACT DOES NOT GUARANTEE THE PRICE OF CASH ADVANCE ITEMS. Cash Advance Items are paid by the Provider, on the Purchaser’s behalf, to third parties. The Provider has no way of guaranteeing Cash Advance Item prices at death, as they are estimated now. Any additional cost for Cash Advance Items will be the responsibility of the Purchaser or the Contract Beneficiary’s Legal Representative. Any additional items chosen which are not specifically included in this Contract will be paid for when the Cemetery Funeral Merchandise and Services are provided. The Provider will be entitled to all assigned insurance proceeds, except for the amount that exceeds the actual cost of Cemetery Funeral Merchandise and Services, at the time of need (Contract Beneficiary’s death). This Contract provides benefits in the form of Cemetery Funeral Merchandise and Services only, unless Non-Guaranteed Cash Advance Items are specified.

Appears in 2 contracts

Sources: Preneed Funeral Merchandise and Services Contract, Preneed Funeral Merchandise and Services Contract