OBSERVANCE OF THE TERMS OF THIS CONTRACT. 9.1 If you do not pay the premium, in whole or in part, within fifteen days of receiving a registered reminder from us, cover will be suspended for all of the debts. Cover will not be valid again until the full amount of the premium and the applicable interests and costs have been paid. We also reserve the right to terminate this contract.
OBSERVANCE OF THE TERMS OF THIS CONTRACT. In the event of the non-observance by You of the terms specified in this contract, the Insurance Contracts Act 1984 may apply, and there shall be no refund of premium paid and you will remain liable to pay the minimum annual premi- um.