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WWW.IMGLOBAL.COM
International Marine Medical Insurance
SM
(IMMI)
Page 3 of 3
SUBSCRIPTION
I hereby apply to be a Plan Participant of Fairmont Specialty Trust (the “trust”) and
to participate in the insurance coverage extended by certain underwriters at HDI
Global Specialty (“the insurers”) to Plan Participants under the trust (the “coverage”).
I understand that the coverage is not a general health insurance prodcut, but is
intended for use in the event of a sudden and unexptected event while traveling
outside my home country. I understand that the coverage extended to me will
terminate upon my return to my home country unless I qualify for a benet
period or home country coverage. I understand that I may obtain full details of
the coverage by requesting a copy of the master policy from the plan manager. I
understand that the liability of the Insurers as underwriters of the coverage is as
provided in the master policy. By acceptance of coverage and/or submission of
any claim for benets, the Plan Participant raties the authority of the signer to
so act and bind the Plan Participant. The Plan Participant undertakes to make all
premium payments as they fall due in respect of the coverage extended to them.
The trustee shall not be responsible for the administration of such payments. If
the Plan Participant fails to make any premium payment due in respect of the
coverage extended to them, subject to the discretion of the insurance company,
such coverage will lapse. The Plan Participant hereby conrms the accuracy of all
information validity of all representations and warranties provided to the trustee
in connection with its participation in the Plan and/or the subscription for the
insurance coverage, howsoever provided, including the terms of this subscription
agreement, (together “representations & warranties”). The Plan Participant
acknowledges that certain of such information will be relied upon by the Insurers
as providers of the coverage and that any inaccuracy therein may result in the
invalidity of such coverage as it relates to the Plan Participant, the loss of coverage
and all monies paid in relation thereto. The Plan Participant hereby undertakes
to inform the trustee of any change to any of matter that forms the subject of
any of the representation & warranties. The Plan Participant hereby undertakes to
indemnify and hold harmless the trustee against any loss of damage (including
attorney’s fees) occasioned by any inaccuracy in any representation & warranty
or failure to advise the trustee of any change in any matter that forms the subject
of any of the representation & warranties. The Plan Participant agrees that the
trustee shall be entitled to rely on and to act in accordance with any written
instruction purported to be provided by the Plan Participant and the Plan
Participant hereby undertakes to indemnify and hold harmless the trustee against
any loss or damage (including attorney’s fees) occasioned by the trustee acting in
accordance with any such instruction. Payments under the terms of the coverage
shall be paid by the insurers to the Plan Participant or directly to a provider if
assignment of benets has been authorized. The trustee shall not be responsible
for the administration of such payments. I conrm that I have satised myself that
the coverage is appropriate for me and that I meet the eligibility criteria.
APPLICATION
The Participating Organization, by its authorized representative, hereby applies
for International Marine Medical Insurance (IMMI) insurance coverage as
underwritten and oered by the Company and administered by the Company’s
authorized representative and plan administrator, International Medical Group,
Inc. (IMG). The Applicant understands and agrees that : (i) the Applicant must pay
premiums for the entire period of coverage in advance, and no coverage will be
eective until the required premium has been paid and this application has been
accepted in writing by the Company, (ii) no modication or waiver relating to
this application or the coverage applied for will be binding upon the Company
or IMG unless approved in writing by an ocer of the Company or IMG, and
(iii) the Company relies on the accuracy, truthfulness, and completeness of the
information provided herein and any misrepresentation or omission contained
herein will void the insurance and any and all claims and benets thereunder will
be forfeited and waived. Rates are based on your submitted census. International
Medical Group reserves the right to adjust the rates from audit date back to
effective date if any of the following changes occur or are discovered after the
date of the proposal: Enrollment +/- 10%, Average Contract Size +/- 10%, Area
Factor +/- 7.5%, Age/Sex Factor +/- 10%, Any Material Changes, Less than 100%
of all eligible employees enroll in an employer sponsored plan, Less than 80% of
all benefit eligible employees (including spousal waivers) enroll with International
Medical Group. Please also note that plans do not include a provision for 4Q
deductible carryover or deductible credit from prior carrier.
ACKNOWLEDGEMENT
The Applicant understands and agrees that: (i) the insurance producer/agent/
broker soliciting, assigned to, or assisting with this application is the agent and
representative of the applicant(s) and IMG acts in fulllment of its contractual
duties to the Company and on behalf of the Company, (ii) this insurance contains
a number of exclusions from coverage, including an exclusion for pre-existing
conditions, in order to review all coverage details a complete copy of the insurance
contract, including all exclusions, may be provided upon request, (iii) the subjects
of insurance applied for are not intended or considered by the Applicant, the
Company or IMG to be resident, located, or expressly to be performed in any
particular jurisdiction, and (iv) the Company, as carrier and underwriter of the
insurance plan, is solely liable for the coverages and benets to be provided
under the insurance contract and IMG has no direct or independent liability
under any insurance contract, (v) the Applicants also agree it is their responsibility
to provide IMG with true, accurate and complete e-mail address, contact, and
other information related to my coverage, and to maintain and promptly update
any changes in this information. Any person who knowingly presents a false or
fraudulent claim for payment of a loss or benet or knowingly presents false
information in an application for insurance is guilty of a crime and may be subject
to nes and connement in prison.
AUTHORIZATION FOR RELEASE OF INFORMATION
The Applicants authorize any health plan, health care provider, health care
professional, MIB, federal, state or local government agency, insurance or
reinsuring company, consumer reporting agency, employer, benet plan, or any
other organization or person that has provided care, advice, diagnosis, payment,
treatment, or services to them or on their behalf, has any records or knowledge
of their health, has any information available as to diagnosis, treatment and
prognosis with respect to any physical or mental condition and/or treatment of
them, and any non-medical information about me, to disclose their entire medical
record, le, history, medications, and any other information concerning them
and to give any and all such information to their agent of record and authorized
representatives of Company, IMG, and their aliates, and subsidiaries.
CERTIFICATION
The Applicant hereby certies, represents and warrants that: (i) the Applicant
has read the foregoing statements and any marketing materials and a sample
insurance contract that were made available upon request and prior to the
application or that they have been read to the Applicant, and the Applicant
understands them, (ii) the Applicant is eligible to participate in the insurance
program applied for, (iii) if signed as the legal representative of the Applicant, the
signer warrants their authority of the signer to so at and bind the Applicant, and
(iv) subject to Company’s acceptance of this application and payment of the total
amount due, coverage will begin at 12:01 a.m. on the approved eective date. The
Applicant understand that if premium is returned unpaid for any reason, coverage
becomes null and void.
IMPORTANT NOTICE REGARDING PATIENT PROTECTION AND AFFORDABLE
CARE ACT PPACA
This insurance is intended for Participating Organizations with Employees on
expatriot status (Employees who have a good faith belief that they will reside
outside of their Home Country for at least six (6) months during a plan year) and
thier Spouses and Dependents. This insurance is provided by Crum & Forster
SPC (the Company), located in the Cayman Islands taht is regulated by a foreign
government, and is considered to be Minimum Essential Coverage under the
United States Patient Protection and Aordable Care Act (PPACA) for Each month
when the Employee is outside of the United States for at least (1) day of that month
for when the Employee is physically present in the U.S. for an entire month if the
coverage provides health benets within the United States while the individual
is on expatriate status. Eligibility to purchase or renew this product or its terms
and conditions, may be modied or amended based upon changes to applicable
law, including PPACA. Please note that it is solely the Employee’s responsibility
to determine the insurance requirements that are applicable to him/her and the
Company and IMG shall have no liability whatsoever including for any penalties
that the Employee may incur, for failure to obtain coverage required by any
applicable law including without limitation PPACA.
ECONSENT
The Applicants wish to receive information and communicate electronically,
and prefer to use an e-mail address rather than regular mail. The Applicants
agree IMG, its aliates, and subsidiaries may provide each insured person with
any communications in electronic format, and paper communications are not
required, unless and until the Applicant withdraws this consent. The Applicants
unambiguously give consent to the transfer of personal data to entities established
in a country outside the EU Member States. This consent is freely given, specic
for the administration of coverage and benets, and an informed indication of the
Applicants’ wishes. The Applicants acknowledge and understand the transfer is
necessary for the performance of a contract, taken in response to their request,
and necessary for the conclusion or performance of a contract concluded in their
interest.
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AUTHORIZATION
CM00501214A201221
Authorized Representative Signature: X _____________________________________________
Date: ___/___/___ (MM/DD/YYYY)
Printed Name: Title/Position:
Producer Signature:
X ______________________________________________________________
Date: ___/___/___ (MM/DD/YYYY)
Printed Name: Producer Number:
(Initial here)
(Initial here)
The Applicant acknowledges and agrees that IMG will automatically renew your coverage by enrolling your group into the then-current IMMI group plan
whose terms shall be those set forth in the then-current and in-force Certicate of Insurance as of the date of such auto-renewal and that IMG shall do so each
year on your certicate anniversary (an “Automatic Renewal”) unless an authorized representative of your group armatively communicates an intention to
non-renew within 30 days of our group anniversary date or as otherwise set forth in the Certicate of Insurance. You will receive an automatic renewal notice
prior to our anniversary date.