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CONFORMITY WITH STATE STATUTES. If any provision of this Policy conflicts with any applicable state law, the provision will be deemed to conform to the minimum requirements of the law. OORKERS' COMPENSATION. This Policy is not to be construed to provide benefits required by Workers' Compensation laws. COMPANY'S DISCRETIONARY AUTHORITY. By purchasing this Policy, the Group Policyholder grants the Company the discretion and final authority to resolve all questions arising from the administration, interpretation and application of this Policy. This authority includes the right to determine: (1) eligibility for coverage; (2) entitlement to benefits; (3) the amount of benefits payable; and (4) the amount and sufficiency of information reasonably required to make such decisions. In making any decision, the Company may rely on the accuracy and completeness of any information furnished by the Group Policyholder or any Covered Person. Decisions made by the Company in the exercise of its discretionary authority shall be conclusive and binding. Failure by the Company to enforce any provision of this Policy does not render that provision unenforceable. The Group Policyholder, as plan sponsor, agrees that the Group Policyholder retains full responsibility for the legal and tax status of its benefits program; and releases the Company from all responsibility for the reporting and the design of the program; and from all other responsibilities not accepted in writing by a designated Officer in the Company's Home Office. CURRENCY. All premiums and all claims will be payable in United States dollars. • • GL 11 -5 -GP 09/01/01