This excerpt taken from the AIZ 10-K filed Mar 3, 2008.
ARTICLE SIX [reserved]ALIGN="center">ARTICLE SEVEN FUNDING POLICY
Neither Assurant nor any of its
SIZE="2">ARTICLE EIGHT ADMINISTRATION OF THE PLAN
8.01 CommitteeSTYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">(a) The Compensation Committee shall appoint the members of the Committee who shall serve at the pleasure of the Compensation Committee and, except as
otherwise provided in this Plan, shall have complete control of the administration of the Plan with all powers necessary to enable it to carry out properly the provisions of the Plan. STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">(b) In addition to all implied powers and responsibilities necessary to carry out the objectives of the Plan and any related resolutions, the Committee
shall have the power:
(i) to construe the Plan and to determine all questions arising in the administration, interpretation
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(ii) to amend any or all of the provisions of the Plan, except if any amendment would
(c) The Committee shall have the authority to appoint and remove the administrators or
SIZE="2">(d) If a member of the Committee is also a Participant in this Plan, and if an issue or action with respect to this Plan relates specifically and uniquely to such Participant, then such Participant shall take no part in the deliberations or
(e) Each material financial decision or action by the Committee shall be subject to review by
Committee, then such decision or action shall be reported to the Compensation Committee, and such decision or action may be overruled or modified by the Compensation Committee. If the Compensation Committee takes no action with respect to any such
decision or action within sixty (60) days of it being reported, the decision or action shall be deemed approved. Until a decision or action subject to this paragraph has been reviewed or is deemed approved by the Compensation Committee, such
decision or action shall have no legal effect.
8.01A Compensation Committee. The Compensation Committee shall have the power to appoint and remove
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8.01B Executive Committee. The Executive Committee shall have the power to nominate Executives to participate in
actuarial valuation and disclosures.
8.02 Claims Procedure. Any Participant, Spouse, Beneficiary or authorized representative hereof, may
(a) the specific reason or reasons for denial;STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">(b) specific reference to pertinent Plan provisions on which the denial is based; STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">(c) a description of any additional material or information necessary for the claimant to perfect the claim and an explanation of why such material or
information is necessary; and
(d) an explanation of the claims review procedures.STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">Any Participant, Spouse or Beneficiary (or his authorized representative) whose claim for benefits has been denied, may appeal such denial by
resubmitting to the Committee a written statement requesting a further review of the decision within 60 days of the date the claimant receives notice of such denial. Such statement shall set forth the reasons supporting the claim, the reasons such
claim should not have been denied, and any other issues or comments that the claimant deems appropriate with respect to the claim.
FACE="Times New Roman" SIZE="2">Within 60 days after the request for further review is received, the Committee shall review its determination of benefits and the reasons therefor and notify the claimant in writing of its final decision. Such written
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Any suit for benefits must be brought within one year after the date the Committee has made a final