Common use of Cancellation/Refund Clause in Contracts

Cancellation/Refund. Upon cancellation, you may be entitled to a premium refund, but, our making or offering of a refund is not a condition of cancellation. If we cancel this policy, any refund of unearned premium due will be computed on a daily pro-rata basis. If this Policy is cancelled at your request, any refund of unearned premium due will be computed on a 90% of daily pro-rata basis. Coverage for an insured vehicle shall automatically terminate, and the Cancellation and Nonrenewal terms of this Policy do not apply when:

Appears in 1 contract

Samples: Personal Automobile Policy

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Cancellation/Refund. Upon cancellation, you may be entitled to a premium refund, but. However, our making or offering of a refund is not a condition of cancellation. If we cancel this policycancellation is at your request, or if cancellation is for nonpayment of premium, any refund due will be computed on a 90 percent of unearned a daily pro rata basis. This is an accel- erated method of calculating earned premium on cancellations. For all other cancella- tions, any refund due will be computed on a daily pro-pro rata basis. If this Policy is cancelled at your request, any refund of unearned premium due will be computed on a 90% of daily pro-rata basis. Coverage for an insured vehicle shall automatically terminate, and the Cancellation and Nonrenewal terms of this Policy do not apply when:.

Appears in 1 contract

Samples: Boat and Personal Watercraft Policy

Cancellation/Refund. Upon cancellation, you may be entitled to a premium refund, but, our making or offering of a refund is not a condition of cancellation. If we cancel this policy, any Any refund of unearned premium due will be computed on a daily pro-rata basis. If this Policy is cancelled at your request, any refund of unearned premium due will be computed on a 90% of daily pro-rata basis. Coverage for an insured vehicle shall automatically terminate, and the Cancellation and Nonrenewal terms of this Policy do not apply when:

Appears in 1 contract

Samples: Illinois Personal Automobile Policy

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Cancellation/Refund. Upon cancellation, you may be entitled to a premium refund, but. However, our making or offering of a refund is not a condition of cancellation. If we cancel this policypolicy is cancelled, any refund of unearned premium due will be computed on a daily pro-rata basis. If this Policy is cancelled at your request, any refund of unearned premium due will be computed on a 90% of daily pro-rata basis. Coverage for an insured vehicle shall automatically terminate, and the Cancellation and Nonrenewal terms of this Policy do not apply when:.

Appears in 1 contract

Samples: Boat and Personal Watercraft Insurance Policy

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