Common use of Paying Premiums and Grace Periods Clause in Contracts

Paying Premiums and Grace Periods. For Subscribers added or terminated before the end of a month, that month’s premium will be prorated to reflect the number of days they are covered in that month. Premium payments are due in full to Us on or before the first day of each month for that month's coverage. Payments may be made electronically as instructed by Us or by mail to 0000 Xxxxxx Xxxx Blvd., PO Box 1279, Culver City, CA 90232. You are responsible for paying any and all costs and expenses, including reasonable attorney's fees, incurred by Us in collecting any past due premiums from You. After the initial payment, premium payments to Us are subject to a 30 day grace period , during which time premiums may be paid to Us without lapse of coverage. If premiums are not paid by the end of the grace period, We will notify You that coverage will terminate the day after the last day of the grace period. . If You fail to pay the required premiums and coverage is terminated, Members will be responsible for the costs of all Covered Services received by them after the termination date. You are responsible for reviewing Your monthly billing invoices and for notifying Us of any corrections within 30 calendar days after the date of each invoice. Failure to promptly notify Us of changes may limit premium adjustments.

Appears in 5 contracts

Samples: Group Subscriber Agreement, Subscriber Agreement, Subscriber Agreement

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Paying Premiums and Grace Periods. For Subscribers added or terminated before the end of a month, that month’s premium will be prorated to reflect the number of days they are covered in that month. Premium payments are due in full to Us on or before the first day of each month for that month's coverage. Payments may be made electronically as instructed by Us or by mail to 0000 Xxxxxx Xxxx Blvd., PO Box 1279, Culver City, CA 90232. You are responsible for paying any and all costs and expenses, including reasonable attorney's fees, incurred by Us in collecting any past due premiums from You. After the initial payment, premium payments to Us are subject to a 30 day grace period , during which time premiums may be paid to Us without lapse of coverage. If premiums are not paid by the end of the grace period, We will notify You that coverage will terminate the day after the last day of the SECTION II: HOW YOUR COVERAGE WORKS grace period. . If You fail to pay the required premiums and coverage is terminated, Members will be responsible for the costs of all Covered Services received by them after the termination date. You are responsible for reviewing Your monthly billing invoices and for notifying Us of any corrections within 30 calendar days after the date of each invoice. Failure to promptly notify Us of changes may limit premium adjustments.. SECTION III: WHO IS COVERED

Appears in 1 contract

Samples: Group Subscriber Agreement

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