4.2 AIA has not received a payment of the first premium or a completed Authority to accept direct debits, or a credit card/debit card payment authority; or 4.3 Without limiting the application of clauses 1 and 4.1 above, the relevant Claim Event occurs as a direct or indirect result of any of the following: a. suicide or attempted suicide; or b. an illness or injury deliberately inflicted by the Life Assured; or c. any illness or injury, or signs or symptoms of any illness or injury, which occurred before the date of the Application; or d. any failure by a Life Assured to comply with treatment prescribed by a Registered Medical Practitioner (as that term is defined in AIA’s standard policy wordings); or e. the deliberate taking or using of non-prescribed drugs, or the misuse of prescribed drugs which includes not taking them for proper therapeutic or medical purposes and/or in accordance with the manufacturer’s directions for use; or f. the Life Assured participating in one of the following hazardous activities: diving, motorsport, motorboat racing, aviation (other than as a fare- paying passenger), mountaineering, abseiling, rock climbing, caving, off-piste skiing, parachuting, hang gliding, or any activity involving the use of firearms or explosives; or g. the Life Assured engaging in or being part of any conduct that is criminal.
6.3 If AIA issues a policy in response to the Application (‘Policy’) and subsequently becomes aware of a Claim Event under the corresponding Interim Cover, AIA may (at its discretion and without prejudice to its other rights and remedies): a. assess the Claim Event for a Benefit under this Interim Cover; and/or b. reassess the Application having regard to the additional information made available to AIA in relation to the Claim Event. 6.4 Based on reassessment of the Application under clause 6.3b, AIA may, at its option: a. avoid the Policy from its inception (this means the Policy is deemed to have never existed); or b. avoid from their inception any individual Benefit(s) under the Policy (this means the individual Benefit(s) are deemed to have never existed); or c. alter the terms upon which cover is provided under the Policy (which alteration of terms will be effective from the risk commencement date under the Policy or any other date chosen by AIA at its discretion); or d. remove the Benefits for any Life Assured from inception but leave the Policy in force for the remaining Lives Assured. 6.5 Any premium outstanding for any AIA policy held by the Policy Owner(s) at the time a claim is made under Interim Cover may be deducted from any benefit paid by AIA. 6.6 In the event that AIA pays a Benefit to the Policy Owner(s) pursuant to this Interim Cover, AIA may retain all premiums paid in respect of the Application as at the time the claim is made. 6.7 If AIA pays a Benefit under this Interim Cover, then: a. AIA may assess the Application having regard to the additional information made available to AIA in relation to the Claim Event; and b. as a result of that Assessment, any Benefit proposed on the Application may be deferred or declined, or offered subject to the Policy Owner(s) accepting any special terms (e.g. premium loadings, exclusions or altered benefit terms) offered by AIA; and c. if AIA decides to issue cover to the Policy Owner(s) that includes that Benefit, it may reduce the applied-for sum assured for that Benefit by the claim amount paid; and d. AIA is not liable for any claim against that Benefit which directly or indirectly relates to the Claim Event.
5. When does this cover expire?
5.1 This Interim Cover expires without notice on the earlier of: a. the date 60 days after the application was submitted to AIA; or b. the risk commencement date of the policy issued in relation to the application; or c. the date of withdrawal if the policy owner(s) withdraws the application; or d. the date a benefit is paid under this Interim Cover.
6. What terms are applicable?
6.1 All conditions, definitions and exclusions applying to the Benefits will also apply to this Interim Cover. Other terms applicable are as set out in this Interim Cover policy document. 6.2 Interim Cover is provided subject to the truth and correctness of the application and any other document or statement made in connection with the application.
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