Common use of Scope 1 Clause in Contracts

Scope 1. This Treaty shall apply to all in-force and new policies of the following Medical Plans that are written by the Cedant in Hong Kong but exclude risk written from facultative reinsurance and/or inward reinsurance facility or treaty and/or line slips and/or captive pools and/or automatic risk pools: a) Group Medical Insurance b) CARING Employee Medical Insurance Plan 2. The following benefit(s) shall be reinsured under this Treaty: a) Basic Hospitalisation Benefits b) Supplementary Major Medical Benefits c) Outpatient Benefits Dental Benefits d) Maternity Benefits e) Daily Hospital Cash f) Accident Death Benefit g) Medical Check Up Article 5 Currency 1. Notwithstanding the provisions of Article 5 of the General Conditions, a) All cessions under this Treaty shall be denominated in the same currencies as the Reinsured Policies, which shall include: i) Hong Kong dollars (herein abbreviated as “HKD”) ii) United States dollars (herein abbreviated as “USD”) iii) Macau Patacas (herein abbreviated as “MOP”)