Common use of Payments on account Clause in Contracts

Payments on account. In respect of any section where amounts recoverable from the company are delayed pending finalisation of any claim, payments on account may be made to the participant, if required, at the discretion of the company.

Appears in 6 contracts

Sources: Participation Agreement, Takaful Commercial Agreement, Takaful Body Corporate Agreement

Payments on account. In respect of any section where amounts recoverable from the company are delayed pending finalisation of any claim, payments on account may be made to the participantinsured, if required, at the discretion of the company.

Appears in 3 contracts

Sources: Insurance Policy, Insurance Policy, Insurance Agreement