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GENERAL PROVISIONS ,JNTIRE CONTRACT. The entire contract between the parties shall consist of- 1 . this Policy and the Application (a copy of which is attached); 2. the Employer's Participation Agreement, if any; and 3. the Insured Employee's enrollment forms, if any. In the absence of fraud, all statements made by the Policyholder and by Insured Employees are representations and not warranties. No statement made by an Insured Employee will be used to contest the coverage provided by this Policy; unless a copy of the statement has been furnished to such Insured Employee. AUTHORITY TO MAKE OR AMEND CONTRACT. Only a Company Officer located in the Company's Home Office has the authority to: I . determine the insurability of a group or any individual within a group; 2. make a contract in the Company's name; 3. amend or waive any provision of this Policy; or 4. extend the time for payment of any premium. No change in this Policy will be valid; unless it is made in writing and signed by such a Company Officer. INCONTESTABILITY. Except for the non - payment of premiums or fraud, the Company may not contest the validity of this Policy as to any Insured Employee, after it has been in force for two years during his or her lifetime. RESCISSION. The Company has the right to rescind any insurance for which evidence of insurability was required, if: 1. an Insured Employee incurs a claim during the first two years of coverage; and 2. the Company discovers that the Insured Employee made a material misrepresentation on his or her enrollment form. A material misrepresentation is an incomplete or untrue statement that caused the Company to issue coverage which it would have disapproved, had it known the truth. To rescind means to cancel insurance back to its effective date. In that event, the Company will refund all premium paid for the rescinded insurance, less any benefits paid for the Insured Employee's Disability. The Company serves the right to recover any claims paid in excess of such premiums. NON - PARTICIPATION. This is a non - participating Policy. It will not share in the divisible surplus of the Company. INFORMATION TO BE FURNISHED. The Employer is required to furnish the Company any information needed to administer this Policy, including: 1. information about Employees who become eligible for insurance; whose amounts of coverage change; and whose eligibility or coverage ends; 2. occupational information and other facts that may be needed to manage a claim; and 3. any other information that the Company may reasonably require. The Company may inspect any of the Employer's records which relate to this Policy, at any reasonable time. Clerical error by the Employer: 1. will not affect insurance which otherwise would be in effect; and 2. will not continue insurance which otherwise would be terminated. Once an error is discovered, an equitable adjustment in premium will be made. If a premium adjustment involves the return of unearned premium, the amount of the return will be limited to the 12 -month period which precedes the date the Company receives proof that such an adjustment should be made. 0 GL3001 -LTD -7 98 9 01/01/01