Common use of Nonpayment of Premium Clause in Contracts

Nonpayment of Premium. If the premium has not been paid when due, we may cancel at any time by delivering or mailing to you the required notice at least fifteen days before cancellation is effective. Payment by you to the insurer, or to an agent or broker authorized to receive such payment, shall be considered timely if made within fifteen days after the mailing to you of a notice of cancellation for nonpayment of premium.

Appears in 22 contracts

Samples: Agreement, Agreement, Agreement

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Nonpayment of Premium. If the premium has not been paid when due, we may cancel at any time by delivering or mailing to you the required notice at least fifteen days before cancellation is effective. Payment by you to the insurer, or to an agent or broker authorized to receive such payment, shall be considered timely if made within fifteen days after the mailing to you of a notice of cancellation for nonpayment of premium.

Appears in 2 contracts

Samples: www.ncins.com, urbratingboard.com

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Nonpayment of Premium. If the premium has not been paid when when-due, we may cancel at any time by delivering or mailing to you the required notice at least fifteen days before cancellation is effective. Payment by you to the insurer, or to an agent or broker authorized to receive such payment, shall be considered timely if made within fifteen days after the mailing to you of a notice of cancellation for nonpayment of premium.

Appears in 1 contract

Samples: urbratingboard.com

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