Common use of POLICY MODE Clause in Contracts

POLICY MODE. All policies are deemed annual policies. Premiums are to be paid annually, unless the Insurer authorizes other modes of payment.

POLICY MODE. All policies are deemed annual policies. Premiums are to be paid annually, unless the Insurer insurer authorizes other modes mode of payment.

POLICY MODE. All policies are deemed annual policies. Premiums are to be paid annually, unless the Insurer authorizes other modes of paymentpayment e.g. quarterly or half-yearly.