Common use of MAINTAINING PROTECTION UNDER YOUR SERVICE AGREEMENT Clause in Contracts

MAINTAINING PROTECTION UNDER YOUR SERVICE AGREEMENT. You may pay for your service agreement on an annual or monthly basis. If you have elected to pay your fees monthly, we will collect the fee for this service agreement by Direct Debit from your bank account on an agreed date of each month. Subject to the successful collection of that monthly fee, we will provide the cover detailed in this service agreement for the month in which the monthly fee has been collected. If the monthly fee is unable to be collected any claim during this period may be declined based on our absolute sole discretion. This service agreement commences on the date shown on your schedule and continues by periods of one calendar month upon receipt of your monthly fee payment. If you have elected to pay your fees by monthly Direct Debit, the service agreement does not have a specified end date and cover will continue until either you or we cancel the service agreement. However, should you fail to make a payment in any month, the administrator will notify you and your cover will cease without any further notification 30 days from the date the last monthly fee payment was received. Your service agreement will automatically renew following receipt of your payment including any missed payments for the period of protection as defined in your schedule.

MAINTAINING PROTECTION UNDER YOUR SERVICE AGREEMENT. You may pay for your service agreement on an annual or monthly ormonthly basis. If you have elected to pay your fees monthly, we will collect the fee for this service agreement by Direct Debit from your bank account on an agreed date of each month. Subject to the successful collection of that monthly fee, we will provide the cover detailed in this service agreement for the month in which the monthly fee has been collected. .If the monthly fee is unable to be collected any claim during this period may be declined based on our onour absolute sole discretionsolediscretion. This service agreement commences on the date shown on your schedule and continues by periods of one calendar month upon receipt of your monthly fee payment. If you have elected to pay your fees by monthly Direct Debit, the service agreement does not have a specified end date and cover will continue until either you or we cancel the service agreement. However, should you fail to make a payment in any month, the administrator will notify you and your cover will cease without any further notification 30 days from the date the last monthly fee payment was received. Your service agreement will automatically renew following receipt of your payment including any missed payments for paymentsfor the period of protection as defined in your scheduleyourschedule.

MAINTAINING PROTECTION UNDER YOUR SERVICE AGREEMENT. You may pay for your service agreement on an annual or monthly basis. If you have elected to pay your fees monthly, we will collect the fee for this service agreement by Direct Debit from your bank account on an agreed date of each month. Subject to the successful collection of that monthly fee, we will provide the cover detailed in this service agreement for the month in which the monthly fee has been collected. If the monthly fee is unable to be collected any claim during this period may be declined based on our absolute sole discretion. This service agreement commences on the date shown on your schedule and continues by periods of one calendar month upon receipt of your monthly fee payment. If you have elected to pay your fees by monthly Direct Debit, the service agreement does not have a specified end date and cover will continue until either you or we cancel the service agreement. However, should you fail to make a payment in any month, the administrator Administrator will notify you and your cover will cease without any further notification 30 days from the date the last monthly fee payment was received. Your service agreement will automatically renew following receipt of your payment including any missed payments for the period of protection as defined in your schedule.