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Common use of Instalments Clause in Contracts

Instalments. If you use a finance company such as Close Brothers or Premium Credit, then this is an independent loan. If, for example, you decide to cancel a policy or your insurer becomes insolvent, you will still be required to make the agreed repayments. [If you do not continue to pay your instalments your insurance may be cancelled.] A document will be provided for you by the finance provider outlining the terms of the finance agreement and it is important you read this. Please note instalment facilities are not available for all the cover types we arrange and/or services offered.

Appears in 5 contracts

Samples: Terms of Business, Terms of Business, Terms of Business