Common use of POLICY CONDITIONS Clause in Contracts

POLICY CONDITIONS. ▪ The maximum benefit payable by Us in respect of the Insured Vehicle is detailed on the Policy Schedule. ▪ If You are covered by any other insurance or warranty for the same or similar benefit(s) provided under this Policy, then We will only be responsible for paying a fair proportion of any benefit which We would otherwise be due to pay. ▪ This Policy shall not acquire a surrender value. ▪ It shall not be possible for You to assign or change the benefits of this Policy in any way whatsoever, other than as specified in Section 9 - TRANSFERRING YOUR POLICY. ▪ We have the right to take proceedings in Your name, in order to recover for Our benefit, the amount of any payment made under this Policy. ▪ You must notify the Administrator as soon as possible if any of Your details change during the Policy term.

Appears in 2 contracts

Sources: Return to Invoice and Financial Shortfall Gap Insurance Policy Terms and Conditions, Insurance Policy Terms and Conditions

POLICY CONDITIONS. ▪ The maximum benefit payable by Us in respect of the Insured Vehicle is detailed the Claims Limit on the Policy Schedule. ▪ If You are covered by any other insurance or warranty for the same or similar benefit(s) provided under this Policy, then We will only be responsible for paying a fair proportion of any benefit which We would otherwise be due to pay. ▪ This Policy shall not acquire a surrender value. ▪ It shall not be possible for You to assign or change the benefits of this the Policy in any way whatsoever, other than as specified in Section 9 - TRANSFERRING YOUR POLICY. ▪ We have the right to take proceedings against other parties in Your name, in order to recover for Our benefit, the amount of any payment made under this Policy. ▪ You must notify the Administrator Adminstrator as soon as possible if any of Your details change during the Policy termterm of the Policy.

Appears in 1 contract

Sources: Motorpoint Taxi and Commercial Vehicle Asset Protection Policy

POLICY CONDITIONS. ▪ The maximum benefit payable by Us in respect of the Insured Vehicle is detailed on the Policy Schedule. ▪ If You are covered by any other insurance or warranty for the same or similar benefit(s) provided under this Policy, then We will only be responsible for paying a fair proportion of any benefit which We would otherwise be due to pay. ▪ This Policy shall not acquire a surrender value. ▪ It shall not be possible for You to assign or change the benefits of this Policy in any way whatsoever, other than as specified in Section 9 - TRANSFERRING YOUR POLICY. ▪ We have the right to take proceedings in Your name, in order to recover for Our benefit, the amount of any payment made under this Policy. ▪ You must notify the Administrator Policy Retailer as soon as possible if any of Your details change during the Policy term.

Appears in 1 contract

Sources: Insurance Policy

POLICY CONDITIONS. ▪ The maximum benefit payable by Us in respect of the Insured Vehicle is detailed the Claims Limit on the Policy Schedule. ▪ If You are covered by any other insurance or warranty for the same or similar benefit(s) provided under this Policy, then We will only be responsible for paying a fair proportion of any benefit which We would otherwise be due to pay. ▪ This Policy shall not acquire a surrender value. ▪ It shall not be possible for You to assign or change the benefits of this Policy the policy in any way whatsoever, other than as specified in Section 9 - TRANSFERRING YOUR POLICY. ▪ We have the right to take proceedings in Your name, in order to recover for Our benefit, the amount of any payment made under this Policy. ▪ You must notify the Administrator as soon as possible if any of Your details change during the Policy term.

Appears in 1 contract

Sources: Insurance Policy

POLICY CONDITIONS. ▪ The maximum benefit payable by Us in respect of the Insured Vehicle is detailed the Claims Limit on the Policy Schedule. ▪ If You are covered by any other insurance or warranty for the same or similar benefit(s) provided under this Policy, then We will only be responsible for paying a fair proportion of any benefit which We would otherwise be due to pay. ▪ This Policy shall not acquire a surrender value. ▪ It shall not be possible for You to assign or change the benefits of this the Policy in any way whatsoever, other than as specified in Section 9 - TRANSFERRING YOUR POLICY. ▪ We have the right to take proceedings against other parties in Your name, in order to recover for Our benefit, the amount of any payment made under this Policy. ▪ You must notify the Administrator as Administratoras soon as possible if any of Your details change during the Policy termterm of the Policy.

Appears in 1 contract

Sources: Financial Shortfall Gap Insurance Policy Terms and Conditions