Common use of Payment of the premium Clause in Contracts

Payment of the premium. 6.1. You must provide the premium due in cleared funds in accordance with the amounts and dates specified in our payments options schedule. Failure to meet the payment date may lead to insurers cancelling your policy. 6.2. Please refer to our payment options schedule for full details on how to make a payment. 6.3. Please note that cover will cease if you fail to keep up payments under a credit agreement.

Appears in 7 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement, Terms of Business Agreement

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Payment of the premium. 6.15.1. You must provide the premium due in cleared funds in accordance with the amounts and dates specified in our payments options schedule. Failure to meet the payment date may lead to insurers cancelling your policy. 6.25.2. Please refer to our payment options schedule for full details on how to make a payment. 6.35.3. Please note that cover will cease if you fail to keep up payments under a credit agreement.

Appears in 4 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement, Terms of Business Agreement

Payment of the premium. 6.110.1. You must provide the premium due in cleared funds in accordance with the amounts and dates specified in our payments payment options schedule. Failure to meet the payment date may lead to insurers cancelling your policy, leaving you without insurance cover. 6.210.2. Please refer to our payment options schedule for full details on how to make a payment. 6.310.3. Please also note that your policy cover will cease if you fail to keep up payments under a credit agreementon an instalment agreement or premium finance facility related to it.

Appears in 1 contract

Samples: Standard Terms of Business

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Payment of the premium. 6.1. You must provide the premium due in cleared funds in accordance with the amounts and dates specified in our payments payment’s options schedule. Failure to meet the payment date may lead to insurers cancelling your policy. 6.2. Please refer to our payment options schedule for full details on how to make a payment. 6.3. Please note that cover will cease if you fail to keep up payments under a credit agreement.

Appears in 1 contract

Samples: Terms of Business Agreement

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