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Proof of Temporary Life Insurance

Proof_of_Temporary_Life_Insurance

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Jovelyn Argete
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0% found this document useful (0 votes)
86 views1 page

Proof of Temporary Life Insurance

Proof_of_Temporary_Life_Insurance

Uploaded by

Jovelyn Argete
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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Proof of s i, Temporary Life Insurance “t Life Financial Sun Life of Canada (Philippines), Inc.(the “Company’) agrees to provide temporary life insurance on the life to be insured beginning on the data of the Application bearing the same serial number as this Proof of Temporary Life Insurance (the "Proof”) if 1. the first premium has been paid with the Application for which a Provincial Receipt is issued; 2, the temporary life Insurance questions in the Application have been truthfully answered “N 3, all other required questions of the Application have been answered completely and truthfully and imitation on Amount of Insurance ‘The amount of insurance money payable on the death of the life to be insured pursuant to this proof is the amount which the Company ‘would have paid had the policy applied for been issued in no event will the Company pay more than: + Php 2,000,000 in total, if all policies applied for are peso-denominated; or + the equivalent of Php 2,000,000 in US Dollars, fall policies applied for are US dollar-denominated; or + the equivalent of Php 2,000,000 in a combination of Philippine pesos and US dollars, if both peso and US dollar policies are applied for Including any accidental death benefit, under all Proofs of Temporary Life Insurance inforce in respect of the deceased insured, The application exchange rate at the date of payment shall be used to determing the Company's liability in US dollars, if any. The insurance ‘money will be prorated among all Proofs of Temporary Life Insurance in fornce on the deceased insured. Any amount paid for the amount of insurance in excess of the Company's liability under this proof will be refunded ‘Termination of Coverage on the Life to be Insured will be the earliest of the following: a. the date a termination notice has been sent by the Company to the applicant; b. the date a policy issued as a result of the Application takes effect; c. the date termination is requested by the applicant; or d_ the date of death of the life to be insured Beneficiary ‘The beneficiary for temporary life insurance is the person or persons named as primary death beneficiaryes in the policy being applied for. Exclusions IF the life to be insured dies by suicide, the pertinent provisions of the Insurance Code shall apply. Where no insurance money is payable, the amount paid with the Application will be refunded. No Advisor has the authority to modify the terms of this Proof. Important Notice The Insurance Commission with offices in Manila, Cebu, and Davao, is the government office in charge of the enforcement of all laws relat fed to Insurance and has supervision over insurance companies. It is ready at al times to assist the general public in matters pertaining to surance. For any inquiries or complaints, please contact the Public Assistance and Meditation Division (PAMD) of the Insurance Commission at 1071 United Nations Avenue, Manila with telephone numbers +632-5238461 to 70 and email ‘address at [email protected]. The official website of the Insurance Commission is www.insurance.gov;ph Issued by Sun Life Canada (Philippines), Inc, a member of the Sun Life Financial group of companies 2nd Floor Sun Life Centre, Sth Ave, cor. Rizal Drive, Bonifacio Global City, Taguig City ‘TIN 204-962-522-000 seralNe 3500000001

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