The Sick Pay Benefits allows you to access some of your income by requesting a “Cash Out” when you feel sick and unable to work. The Sick Pay Benefits is $100 for each submitted Cash Out request. Following the payback policy, you can only request another Sick Pay Benefits once the previous Sick Pay Benefits is paid in full. We may also limit or decline your Cash Out request at any given time or over a period of time if we reasonably believe such refusal is necessary or advisable for legal or security reasons or to protect the Services. Generally, you will receive your Sick Pay Benefits within the next 2-3 Banking Days after your request is approved.
By requesting Sick Pay Benefits, you will authorize us to obtain Required Identifying Information, directly or indirectly through our third-party service providers, information about you and your Bank Account from the financial institution holding your Bank Account and other third-party websites and databases that may be necessary to provide the services. We make no effort to review such information for any purpose, including, but not limited to, accuracy, legality, or non-infringement. You agree that our third-party service providers and the operators and owners of the third-party websites will be entitled to rely on the foregoing authorization granted by you.
We will debit any payments authorized by you for Sick Pay Benefit directly from your Bank Account, Credit Card and Debit Card. By requesting a Sick Pay Benefit, you authorize us to electronically initiate debit and credit entries to your Bank Account, Credit Card and Debit Card. You agree to maintain a balance that is sufficient to fund all payments that you initiate. We reserve the right to charge your Bank Account, Credit Card and Debit Card, at any time on or after the third day your Sick Pay Benefit is approved. Our failure to debit or credit your Bank Account, Credit Card or Debit Card for repayment within a set amount of time does not constitute a waiver of our right to charge your account for such funds. We will initiate debits and credits to your Bank Account, Credit Card and Debit Card as permitted by applicable laws and NACHA rules. Failed or rejected debits and credits may be reinitiated at any time up to 150 days after the first debit or credit.
Our authorization to initiate debit and credit entries to your Bank Account, Credit Card and Debit Card will remain in full force and effect until you revoke your authorization. If you wish to revoke your authorization, you may do so by contacting support@Kover or using the live chat widget on Kover at least 3 business days before the scheduled transaction day and stop using the Site and the Services. Please note that your revocation of authorization when transactions are pending could result in delays to your receipt of funds and additional charges owed by you to Kover. Kover is not responsible for any third-party fees or costs that you may incur based on the timing of authorization revocation.
If we are unable to access funds from your Bank Account, Credit Card and Debit Card to complete a payment that you authorized Kover to take, you will be prevented from using the Site and the Services. However, we will never engage in any debt collection activities if the outstanding amount is not repaid, place the outstanding amount as a debt with, or sell it to, a third party, or report to a consumer reporting agency concerning the outstanding amount.
You are responsible for funding all payments you initiate. We are not responsible for any overdraft fees, over-the-limit fees, or insufficient fund charges (including finance charges, late fees, or similar charges), or any other third-party fees that result from your failure to maintain a balance or available credit in your Bank Account, Credit Card and Debit Card that is sufficient to fund all payments you initiate.
We will have no legal or contractual claim or remedy against you based on your failure to repay any Sick Pay Benefit. However, if we are unable to access funds from your Bank Account to complete a payment that you authorized Kover to take, you will be prevented from using any Services provided by Kover. Kover will not engage in any debt collection activities if the amount of the Sick Pay Benefit is not repaid on the scheduled date, or place the amount of the Sick Pay Benefit as a debt with, or sell it to, a third party, or report to a consumer reporting agency concerning the amount of the payout.