Cancellation of Policy. The Policyholder may cancel this Policy at any time by giving notice in writing to the Company. Such notification shall become effective from the date the Company receives the notice or on the date specified in the notice, whichever is later. The Company will refund the pro-rated premium to the Policyholder for the unexpired Period of Insurance, provided no claims have been made under the Policy and subject to a minimum premium of RM75. The Company may cancel this Policy by giving the Policyholder 14 days’ notice in writing to the Policyholder’s address known to the Company, and refund the pro-rated premium to the Policyholder for the unexpired Period of Insurance
Cancellation of Policy. Once coverage has become effective with respect to a Loan, this Policy may not be canceled by the Company for as long as any Certificate assigned under this Policy remains in force. If the Insured desires to cancel this Policy, it may do so by canceling all outstanding Certificates that have been issued under this Policy.
Cancellation of Policy. Should the Internal Revenue Service or the School Employees Retirement System determine this reduction provision is not qualified under the IRS Code or is unlawful in any manner, this provision shall be null and void.
10.11 Severance Pay
Cancellation of Policy. Either the Insured or the Company may cancel their respective right or obligation to receive or issue new Certificates immediately upon written notice of cancellation of this Policy. However, Certificates issued prior to such cancellation of this Policy will continue in force so long as all premiums are paid and all other terms and conditions of this Policy for coverage are complied with by the Insured.
Cancellation of Policy. 11.3.1. You can cancel Your Policy at any time.
11.3.2. We can cancel this Policy at any time should You not fulfil Your duties under this policy, or if You are dishonest or fraudulent in Your actions, by:
a. Us notifying You immediately in writing of cancellation for fraudulent or dishonest actions or the Non-payment of premium (Subject to 11.2.4 above);
b. Us notifying You of cancellation after 31 days’ notice in writing (or such other period as may be mutually agreed and/or other wise prescribed by this policy.
Cancellation of Policy. This policy shall be cancelled at any time at the request of the insured, in which case this Company shall, upon xx- xxxx and surrender of this policy, refund the excess of paid premium above the customary short rates for the ex- pired time. This policy may be cancelled at any time by this Company by giving to the insured a ten days’ written notice of cancellation with or without tender of the excess of paid premium above the pro rata premium for the expired time, which excess, if not tendered, shall be refunded on demand. Notice of cancellation shall state that said excess premium (if not tendered) will be refunded on demand.
Cancellation of Policy. This Policy may be cancelled by the Policyholder for any reason upon thirty (30) days written notice to us. If we cancel, the return premium will be computed pro rata. If the Policyholder requests cancellation, the return premium will be computed pro rata. We may cancel this Policy by mailing to the Policyholder, at the mailing address shown in the policy, written notice at least sixty (60) days, or thirty (30) days based upon non-payment of premium, before the date cancellation takes effect. The written notice will state the reason for cancellation. When this Policy has been in effect for sixty (60) days or more, we may cancel for one or more of the following reasons:
a. nonpayment of premium;
b. conviction of a crime arising out of acts increasing the hazard insured against;
c. discovery of fraud or material misrepresentation in the obtaining of the Po l i c y or in the p r es en ta t ion o f a c la im nu mbe r d. fraud;
e. failure to comply with loss control recommendations; Upon cancellation claim (s) for coverages under this Policy that have a proven Occurrence Date during the Policy coverage dates will be covered, should the claim be filed within ninety (90) days post cancellation and within sixty (60) days from Date of Discovery . We may elect not to renew this Policy. We may do so by delivering to the Policyholder at their address shown in the Declarations, written notice at least sixty (60) days before the anniversary date of this Policy which is written for an indefinite term. The written notice will state the reason for Nonrenewal. Proof of mailing will be sufficient proof of notice. All coverage under this policy will terminate at the same time as the Policy. All notices of cancellation and nonrenewal will contain the specific reason for cancelation and nonrenewal.
Cancellation of Policy. If LBL is required to refund premiums or return contract values and waive surrender charges on any Contract for any reason, then no commission will be payable with respect to said premiums and any commission previously paid for said premiums must be refunded to ALFS. ALFS agrees to notify BD within thirty (30) days after it receives notice from LBL of any premium refund or a commission chargeback.
Cancellation of Policy a) Any time before the commencement of the proposed journey the Insured may request for cancellation of this Policy by giving notice in writing to the Insurer as long as the Insured is able to establish to the Insurer’s satisfaction that the Proposed journey has not commenced.
b) Upon cancellation, and where no claim has been reported under this policy, the Insurer shall be entitled to deduct cancellation chargesof Rs. 25 from the premium. Partial refund of the premium is not allowed in this policy.