Common use of Specific Conditions Clause in Contracts

Specific Conditions. When there is condition(s) specific to the Life insured which We will not cover, We will state them on Our offer of conditional acceptance, the Policy Information Page and Endorsement. If the Life insured suffers directly or indirectly from the excluded events, We will refund the higher of either the Premiums paid without interest or the Surrender value (if any) on the date of event occurrence, less any amounts owing to Us from this policy. If the policy has been assigned, the refund amount will be paid to the Assignee. If the policy has not been assigned, the refund amount will be paid to either You or Your executors / administrators.

Appears in 6 contracts

Sources: Endowment Plan Agreement, Endowment Plan Agreement, Endowment Plan Agreement

Specific Conditions. When there is condition(s) specific to the Life insured which We we will not cover, We we will state them on Our our offer of conditional acceptance, the Policy Information Page and Endorsement. If the Life insured suffers directly or indirectly from the excluded events, We will refund the higher of either the Premiums paid without interest or the Surrender surrender value (if any) on the date of event occurrence, less any amounts owing to Us from this policy. If the policy has been assigned, the refund amount will be paid to the Assignee. If the policy has not been assigned, the refund amount will be paid to either You or Your executors / administrators.

Appears in 3 contracts

Sources: Insurance Policy Agreement, Insurance Agreement, Endowment Plan Agreement

Specific Conditions. When there is condition(s) specific to the Life insured which We we will not cover, We we will state them on Our our offer of conditional acceptance, the Policy Information Page and Endorsement. If the Life insured suffers directly or indirectly from the excluded events, We will refund the higher of either the Premiums paid (less any amounts previously paid to you under this policy) without interest or the Surrender value (if any) on the date of event occurrence), less any amounts owing to Us us from this policy. If the policy has been assigned, the refund amount will be paid to the Assignee. If the policy has not been assigned, the refund amount will be paid to either You you or Your your executors / administrators.

Appears in 2 contracts

Sources: Insurance Agreement, Insurance Agreement

Specific Conditions. When there is condition(s) specific to the Life insured which We we will not cover, We we will state them on Our our offer of conditional acceptance, the Policy Information Page and Endorsement. If the Life insured suffers directly or indirectly from the excluded events, We will refund the higher of either the Premiums paid (less any amounts previously paid to you under this policy) without interest or the Surrender surrender value (if any) on the date of event occurrence), less any amounts owing to Us from this policyus. If the policy has been assigned, the refund amount will be paid to the Assignee. If the policy has not been assigned, the refund amount will be paid to either You you or Your your executors / administrators.

Appears in 2 contracts

Sources: Insurance Agreement, Insurance Agreement

Specific Conditions. When there is condition(s) specific to the Life insured which We we will not cover, We we will state them on Our our offer of conditional acceptance, the Policy Information Page and Endorsement. If the Life insured suffers directly or indirectly from the excluded events, We will refund the higher of either the Premiums paid (less any amounts previously paid to you under this policy) without interest or the Surrender surrender value (if any) on the date of event occurrence, less any amounts owing to Us us from this policy. If the policy has been assigned, the refund amount will be paid to the Assignee. If the policy has not been assigned, the refund amount will be paid to either You you or Your your executors / administrators.

Appears in 2 contracts

Sources: Insurance Agreement, Insurance Agreement

Specific Conditions. When there is condition(s) specific to the Life insured which We will not cover, We will state them on Our offer of conditional acceptance, the Policy Information Page and Endorsement. If the Life insured suffers directly or indirectly from the excluded events, We will refund the higher of either the Premiums paid (less any amounts previously paid to You under this policy) without interest or the Surrender surrender value (if any) on the date of event occurrence, less any amounts owing to Us us from this policy. If the policy has been assigned, the refund amount will be paid to the Assignee. If the policy has not been assigned, the refund amount will be paid to either You or Your executors / administrators.

Appears in 1 contract

Sources: Insurance Policy Agreement

Specific Conditions. When there is condition(s) specific to the Life insured which We we will not cover, We we will state them on Our our offer of conditional acceptance, the Policy Information Page and Endorsement. If the Life insured suffers directly or indirectly from the excluded events, We will refund the higher of either the Premiums paid (less any amounts previously paid to you under this policy) without interest or the Surrender value (if any) on the date of event occurrence, less any amounts owing to Us us from this policy. If the policy has been assigned, the refund amount will be paid to the Assignee. If the policy has not been assigned, the refund amount will be paid to either You you or Your your executors / administrators.

Appears in 1 contract

Sources: Insurance Agreement