SCHEDULE

Branch:   IKEJA                                                                   Policy No:  742F/Q94461E
Agency:   PIERRE INSURANCE BROKERS LTD

 On behalf of the Company 

M  A N A G E R      

EXCEPTIONS

The Company shall not be liable to make any payment for bodily injury

• Sustained while an Insured Person is under the influence of intoxicants or drugs or suffering from   insanity.
• Suicide or attempted suicide.
• Intentional self-inflicted injury, deliberate exposure to exceptional danger and student’s own criminal acts.
• Losses caused by Cultism or Cult related activities.

CONDITIONS

Observance and fulfillment of the Terms spelt out in this policy are conditions precedent to liability of the company to make payment under the policy.

• The Benefit is subject to annual card renewal
• The policy and the schedule shall be read together as one contract
• The policy shall cease to be in force if the within named student did not renew the card
• The Company may cancel this policy by sending seven days notice to the Provider
• All differences arising out of this policy shall be referred to the arbitration of persons to be appointed by both parties
•  

ROYAL EXCHANGE GENERAL INSURANCE COMPANY. LIMITED.

Endorsement attaching to and forming part of
Policy No:       
In the name of:   NIGERIAN STUDENTS UNIFORM IDENTITY CARD
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MEMO:       1      EXPOSURE CLAUSE

It is hereby declared and agreed that subject to all terms limitations conditions and exclusions of this policy except as specifically provided herein this policy covers claims arising out of bodily injury caused by exposure to the elements as a result of an accident covered hereunder provided that in the event of death of the life insured caused by exposure to the elements that this death is subject of a properly constituted Judicial Body Enquiry by which it is found that the life insured died of exposure as a result of an accident.

MEMO:   2     JURISDICTION CLAUSE

It is hereby understood and agreed anything contained herein to the contrary notwithstanding that this policy is subject to a Jurisdiction Clause as follows :-

The indemnity shall not apply in respect of judgments which are not in the first instance delivered by or obtained from a court of competent jurisdiction within Nigeria.

MEMO:   3     OVERSEA MEDICAL EXPENSES CLAUSE

This policy does not indemnify the Insured in respect of medical expenses incurred outside Nigeria.

MEMO:    4     DISAPPEARANCE CLAUSES

It is hereby agreed that subject to all the terms limitations conditions and exclusions of this Insurance except as specifically provided herein if the Insured Person disappears during the currency of this insurance and his body is not found within twelve months after his disappearance and sufficient evidence is produced satisfactory to the Company that leads them inevitably to the conclusion that he sustained accidental bodily injury and that such injury caused his death the Company shall forthwith pay the death benefit under this Insurance provided that the person or persons to whom such sum is paid shall sign an undertaking to refund such sum to the Company if the Insured Person is subsequently found to be living.

MEMO:  5   RIOT, STRIKE & LOCK-OUT (EXCLUDING RELIGIOUS
AND COMMUNAL DISTURBANCES

Notwithstanding any contained to the contrary, this policy is extended to cover riot, strike & lock-out (excluding religious and communal disturbances.

MEMO:    6   SPONSOR CLAUSE

To safeguard the interest of all specified sponsor, request for change of the Insured Life in respect of any student would not be entertained unless such request is supported by satisfactory evidence of insurability and proof of insurable interest in the named student and such request must be approved by the company before it can take effect.

Subject otherwise to the Terms, Exceptions and Conditions of this Policy.