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| 1. |
Definitions : |
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For use in this insurance policy and endorsement to this policy |
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| 1.1 |
"Company" means the Company
issuing Insurance Policy. |
| 1.2 |
"Insured" means the person
named as insured in the schedules. |
| 1.3 |
"schedule" means the schedule
of this Insurance Policy. |
| 1.4 |
"Accident"
means an event which happens suddenly
and giving rise to a result which
the Insured did not intend or anticipate. |
| 1.5 |
"Total Permanent Disability"
means disability to the extent of being
unable to perform any work duty in the
Insured's regular occupation or any
other occupation totally and permanently. |
| 1.6 |
"Partial
Permanent Disability" means disability
to the extent of being unable to perform
the work duty normally in the insured's
regular occupation permanently but
being able to do other work for remuneration. |
| 1.7 |
"Total
Temporary Disability" means disability
to the extent of being unable to perform
the work duty normally in the insured's
regular occupation totally for a period
of time. |
| 1.8 |
"Partial
Temporary Disability" means disability
to the extent of being unable to perform
part of the work duty normally in
the Insured's regular occupation for
a period of time or the result following
total temporary disability which has
improved but still being unable to
perform the work duty normally in
the Insured's regular occupation completely
in every respect for a period of time. |
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| 2. |
Completeness of Contract and Changes in Policy |
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This
Insurance Policy together with the Insuring
Agreements and endorsements form the insurance
contract. Any changes of wording in the
contract shall be approved by the Company
and noted in the Policy or in endorsements
before such changes shall be valid. |
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| 3. |
Report of Accident |
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The
Insured, the beneficiary or a representative
of the said person, as the case may be,
shall report injury to the Company without
delay. In the event of death, report shall
be made to the Company immediately unless
it can be proved that circumstances necessarily
and responablly make it impossible to report
as required but report was given as soon
as it was possible to do so. |
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| 4. |
Proof of Loss |
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In
claiming for compensation, the Insured,
the beneficiary or a representative of the
said person, as the case may be, shall furnish
evidence, as the Company requires, to the
Company at the expense of such person.
In the event of claim for compensation for
loss of life or disability, evidence as
stated above shall be furnished within 30
days as from the date of loss of life or
from date of commencement of disability.
In the event of claim for any other compensation,
evidence shall be furnished within 180 days
as from the date of accident. |
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| 5. |
Medical Examination |
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The
Company Shall have the right to examine
the person of the Insured while in the course
of considering a claim as it may reasonably
require and also to make an autopay in the
event of necessity.
In any case, the Company shall be liable
to pay more than the amount insured state
in the Schedule |
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| 6. |
Payment of Compensation |
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The Company shall
pay Compensation as specified in the Schedule
as follows: |
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| 6.1 |
For
loss under Insuring Agreement item
1, 2, and 6, Compensation shall be
paid promptly after receipt of complete
and proper proof of loss. |
| 6.2 |
For
loss under Insuring Agreement item
3, Compensation shall be paid promptly
or after the duration of 12 months
from date of disability. |
| 6.3 |
For
loss under Insuring agreement item
4 and 5, compensation shall be paid
at the expiration of each period of
4 weeks during the period of disability
but not exceeding the period specified
in the Schedule. |
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| 7. |
Agreement Limit of Liability |
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The
Company shall pay compensation for loss
under Insuring Agreements item 1, 2 and
3 in total not exceeding the amount as stated
under item 6 of the Schedule. |
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| 8. |
Change of Occupation |
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If
the Insured sustains Injury while in the
course of employment for compensation in
an occupation that is more hazardous than
the occupation originally stated, the Company
shall pay compensation in the amount that
the premium paid for the original occupation
woudl have purchased for the new occupation.
If the Insured changes occupation to one
which the company classifies as less hazardous,
the Company shall reduce the rate of premium
and shall return a proportionate part of
the premium from the date of change after
receipt of proof of change. |
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| 9. |
Arbitration |
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All
differences arising out of this policy shall
be referred to the decision of an Arbitrator
to be appointed in writing by the parties
in difference, or if they cannot agree upon
a single Arbitrator, to the decision of
two Arbitrators to be appointed in writing
by each of the parties within 30 days after
having been required so to do in writing
by either of the parties, or in case the
Arbitrator do not agree, of an Umpire appointed
in writing by the Arbitrators in making
an award. |
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| 10. |
Cancellation of Insurance Policy |
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| 10.1 |
The
Company may cancel this insurance
policy by advance notice in writing
of not less than 15 days by registered
mail to the Insured at the last address
made known to the Company. In such
event, the company shall return to
the Insured the premium after deduction
of pro-rata premium for the period
the insurance policy has been in force. |
| 10.2 |
The
Insured may Cancel this insurance
policy by giving notice in the writing
to the Company and shall be entitled
to return premium after deduction
of premium for the period insurance
policy has been in force at the short
period rate. |
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| 11. |
Conditon Precedent |
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The
Company shall not be liable to pay any compensation
under this insurance policy unless the Insurance
shall have complied properly with the insurance
contract and condition of the insurance
policy. |
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IMPORTANT
NOTICE |
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The Policy Wording
displayed above is meant for reference
only, and should under no circumstances
be used without the express written
consent of Asia Insurance (Cambodia) Plc. |
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