Paying Your Premiums. Your policy does not become legally binding until you have paid your premium. The premium is payable when you take out a new policy and when you renew an existing policy. Your policy is an annual contract of insurance with the option to pay annually or monthly. Premiums may increase at renewal for:
Paying Your Premiums a. Your policy does not become legally binding until you have paid your premium. The premium is payable:
Paying Your Premiums. Your policy does not become legally binding until you have paid your premium. The premium is payable when you take out a new policy and when you renew an existing policy. Your policy is an annual contract of insurance with the option to pay annually or monthly. Premiums may increase at renewal for Annual Maximum increase, age, veterinary cost inflation, and other actuarial changes. Premiums may also change during the policy term for changes in your address, your Pet’s details, or other policy parameters. You must pay your premiums in full and on time to remain covered. Your policy will automatically renew at the end of your policy term unless you tell us otherwise or we non-renew under rare circumstances. Upon payment of a Claim under this policy, any premium that is due and unpaid may be deducted from the Claim.
