PERIOD OF COVER AND RENEWAL Sample Clauses

PERIOD OF COVER AND RENEWAL. This Policy shall become effective as of the date stated in the Schedule. The Policy Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Policy is renewable at the premium rates in effect at that time as notified by the Company. This Policy is renewable at the option of the Company. Application for change of benefits to a higher plan can only be made on renewal and is subject to acceptance by the Company upon renewal.
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PERIOD OF COVER AND RENEWAL. This Policy will be renewable at the option of Policyholder subject to the terms, conditions and termination at each of the anniversary of the Policy date. The renewal premiums payable is not guaranteed and We reserve the right to revise the premium rate applicable at the time of renewal. Such changes, if any, shall be applicable to all Policyholders irrespective of their claim experience according to Our risk assessment. This Policy is renewable at the option of Policyholder until the occurrence of any of the following:
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PERIOD OF COVER AND RENEWAL. The policy shall be automatically renewed at the premium rates in effect as stated in the Schedule of Benefits or otherwise notified by the Company. The renewal premium payable is not guaranteed and the Company reserves the right to revise the premium rate applicable at the time of renewal by giving thirty (30) days prior notice in writing. Such revision will be applicable from the next renewal of this policy. In the event of termination/cancellation of this policy, the liability of the Company under this policy shall cease on the day of such termination/cancellation.
Sample 1
PERIOD OF COVER AND RENEWAL. This Policy shall become effective as of the date stated in the Schedule. The Policy Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Policy is renewable at the premium rates in effect at that time as notified by the Company. A notice of 30 days will be given should any premium rate be increased. This Policy is renewable at the option of Policyholder subject to the terms, conditions and termination at each of the anniversary of the Policy date. The renewal premiums payable will increase with age and is not guaranteed and the Company reserves the right to revise the premium rate applicable at the time of renewal. Such changes, if any shall be applicable to all Policyholders irrespective of their claim experience according to the Company’s risk assessment. This Policy is renewable at the option of Policyholder until the occurrence of any of the following:
Sample 1
PERIOD OF COVER AND RENEWAL. This Policy shall become effective as of the date stated in the Schedule. The Policy Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Policy is renewable at the premium rates in effect at that time as notified by the Company. A notice of 30 days will be given should any premium rate be increased. This Policy is renewable at the option of policyholder subject to the terms, conditions and termination at each of the anniversary of the Policy date. The renewal premiums payable will increase with age and is not guaranteed and the Company reserves the right to revise the premium rate applicable at the time of renewal. Such changes, if any shall be applicable to all Policyholders irrespective of their claim experience according to the Company’s risk assessment. This policy is renewable at the option of policyholder until the occurrence of any of the following: a) non payment of premium or premium not made on time b) fraud or misrepresentation of material fact during application c) the policy is cancelled at the request of the policyholder d) total claims of the Policy have reached the lifetime limit specified and/or the death of the Insured Person e) the Insured Person ceases to qualify as a dependant based on the definition of the policy f) the Insured Person attains the coverage age limit specified g) Termination of coverage for all policies in a certain market and the Company withdraws this policy completely from the market in accordance with the Portfolio Withdrawal Condition. 4.
Sample 1
PERIOD OF COVER AND RENEWAL. This Contract shall become effective as of the date stated in the Contract Schedule. The Contract Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Contract is renewable at the Contribution rates in effect at that time as notified by the Takaful Operator. This Contract will be renewable at the option of participant subject to the terms, conditions and termination at each of the anniversary of the Contract date. The Takaful Operator reserves the right to revise the premium rate applicable at the time of renewal. Any revision in contribution rates by the Takaful Operator will be notified to the Contract Holder at least ninety (90) days before the Contract Anniversary. Such changes, if any, shall be applicable to all Contract Holders irrespective of their claim experience according to the Takaful Operator’s risk assessment. This Contract is renewable at the option of the Contract Holder until the occurrence of any of the following:
Sample 1

Related to PERIOD OF COVER AND RENEWAL

  • Term of Coverage Except as otherwise specified in the contract, the insurance will commence on or prior to the effective date of the contract and will be maintained in force throughout the duration of the contract. Completed operations coverage may be required to be maintained on specific commercial general liability policies effective on the date of substantial completion or the termination of the contract, whichever is earlier. If a policy is written on a claims made form, the retroactive date must be shown and this date must be before the earlier of the date of the execution of the contract or the beginning of contract work, and the coverage must respond to all claims reported within three years following the period for which coverage is required unless stated otherwise in the contract.

  • TERM OF AGREEMENT AND RENEWAL The Agreement shall remain in effect from the date of execution hereof through the expiration of a one year period, and may be renewed upon the mutual consent of the Parties.

  • Term and Renewal This Agreement shall become effective as of the Effective Date and shall remain in effect for a period of three years from and after the Live Date (the “Initial Term”), and thereafter shall automatically renew for successive three year terms (each such period, a “Renewal Term”) unless terminated by any party giving written notice of non-renewal at least one hundred eighty days prior to the last day of the then current term to each other party hereto.

  • Term of Agreement and Renewals The Agreement with TIPS is for approximately three (3) years with an option for renewal for an additional one

  • Commencement of Coverage Coverage under the provisions of this article shall apply to regular full-time and regular part-time employees who work 15 regular hours or more per week and shall commence on the first day of the calendar month immediately following the completion of the employee's probationary period.

  • DURATION AND RENEWAL 34.01 This Agreement shall be in effect from September 1, 2008 and shall continue in force up to and including August 31, 2012 and shall continue automatically thereafter for annual periods of one year unless either party notifies the other, in writing, within ninety (90) days prior to the expiration date that it desires to negotiate with a view to renewal, with or without modifications of this agreement, in accordance with the Ontario Labour Relations Act.

  • EXPIRATION AND RENEWAL 47.01 This Agreement shall be in effect from May 21, 2021, and shall remain in effect until May 20, 2025, and thereafter from year to year, but either party may, not less than thirty (30) days or more than ninety (90) days before the expiry date or the anniversary date of such expiry date from year to year thereafter, give notice in writing to the other party of a desire to terminate such Agreement or to negotiate a revision thereof.

  • AGREEMENT RENEWAL This Agreement shall not bind nor purport to bind the AZDOHS for any contractual commitment in excess of the original Agreement period.

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