CONDITIONS FOR A REDUCED WAITING. PERIOD As per this option, when You provide us with your Notification of Overdue Account through our online system, You will be offered the possibility to opt for a Reduced Waiting period, subject to a Reduction of the insured percentage as per the following rule : a one-month Reduction to the waiting period leads to a Reduction of one (1) point of the insured percentage. As per the following scale: Reduced Waiting period New Insured percentage applicable Waiting period* - minus [30] days Insured percentage – minus 1 point Waiting period* - minus [60] days Insured percentage – minus 2 points Waiting period* - minus [90] days Insured percentage – minus 3 points * as defined in the Specific Terms of your Contract
Appears in 1 contract
Samples: Tradeliner Contract
CONDITIONS FOR A REDUCED WAITING. PERIOD As per this option, when You provide us with your Notification of Overdue Account through our online systemsystem/ agreed form, You will be offered the possibility to opt for a Reduced Waiting periodPeriod, subject to a Reduction reduction of the insured percentage as per the following rule rule: a one-month Reduction reduction to the waiting period leads to a Reduction reduction of one (1) point of the insured percentage. As per the following scale: Export Domestic Reduced Waiting period Period New Insured insured percentage applicable Waiting New insured percentageapplicable waiting period* - minus [30] days Insured percentage – minus 1 point Waiting Insured percentage-No reduction waiting period* - minus [60] days Insured percentage – minus 2 points Waiting Insured percentage-No reduction waiting period* - minus [90] days Insured percentage – minus 3 points Insured percentage-No reduction * as defined in the Specific Terms of your Contract
Appears in 1 contract
Samples: www.iffcotokio.co.in
CONDITIONS FOR A REDUCED WAITING. PERIOD As per this option, when You provide us with your Notification of Overdue Account through our online systemsystem/ agreed form, You will be offered the possibility to opt for a Reduced Waiting period, subject to a Reduction of the insured percentage as per the following rule : a one-one- month Reduction to the waiting period leads to a Reduction of one (1) point of the insured percentage. As per the following scale: Reduced Waiting period New Insured percentage applicable Waiting period* - minus [30] days Insured percentage – minus 1 point Waiting period* - minus [60] days Insured percentage – minus 2 points Waiting period* - minus [90] days Insured percentage – minus 3 points * as defined in the Specific Terms of your Contract
Appears in 1 contract
Samples: www.iffcotokio.co.in
CONDITIONS FOR A REDUCED WAITING. PERIOD As per this option, when You provide us with your Notification of Overdue Account through our online system, You will be offered the possibility to opt for a Reduced Waiting periodPeriod, subject to a Reduction reduction of the insured percentage as per the following rule rule: a one-month Reduction reduction to the waiting period leads to a Reduction reduction of one (1) point of the insured percentage. As per the following scale: Export Domestic Reduced Waiting period Period New Insured insured percentage applicable Waiting New insured percentageapplicable waiting period* - minus [30] days Insured percentage – minus 1 point Waiting Insured percentage-No reduction waiting period* - minus [60] days Insured percentage – minus 2 points Waiting Insured percentage-No reduction waiting period* - minus [90] days Insured percentage – minus 3 points Insured percentage-No reduction * as defined in the Specific Terms of your Contract
Appears in 1 contract
Samples: Tradeliner Contract