Policy period and premium. 1.5.1 The policy will provide insurance as described herein for the period of insurance provided the premium(s) and other charges are paid to and accepted by the insurer on or before the payment date shown in the schedule. Taxes, levies and other relevant fiscal charges are payable in addition to the premium. 1.5.2 The premium is deemed paid and accepted on receipt by the insurer or the broker appointed to place this insurance with the insurer. 1.5.3 If any premium (including a premium instalment) is not paid and accepted by the insurer on or before its payment date shown in the schedule the insurer can give written notice to the insured at its address shown on the schedule, cancelling the policy with effect from the seventh (7th) day after the notice has been served. Cancellation will be prevented from taking effect and the policy will continue if the late premium instalment and any other remaining premium instalments are paid and accepted before the cancellation takes effect. Without prejudice to other forms of service, notice of cancellation is deemed to be served on the third (3rd) day after being posted if sent by pre-paid letter post properly addressed.
Appears in 16 contracts
Samples: Insurance Policy, Insurance Policy, Insurance Policy
Policy period and premium. 1.5.1 The policy will provide insurance as described herein for the period of insurance provided the premium(s) and other charges are paid to and accepted by the insurer on or before the payment date shown in the schedule. Taxes, levies and other relevant fiscal charges are payable in addition to the premium.
1.5.2 The premium is deemed paid and accepted on receipt by the insurer or the broker appointed to place this insurance with the insurer.
1.5.3 . If any premium (including a premium instalment) is not paid and accepted by the insurer on or before its payment date shown in the schedule the insurer can give written notice to the insured at its address shown on the schedule, cancelling the policy with effect from the seventh (7th) day after the notice has been served. Cancellation will be prevented from taking effect and the policy will continue if the late premium instalment and any other remaining premium instalments are paid and accepted before the cancellation takes effect. Without prejudice to other forms of service, notice of cancellation is deemed to be served on the third (3rd) day after being posted if sent by pre-paid letter post properly addressed.
Appears in 4 contracts
Samples: Insurance Policy, Insurance Policy, Insurance Policy
Policy period and premium. 1.5.1 1.6.1 The policy will provide insurance as described herein for the period of insurance provided the premium(s) and other charges are paid to and accepted by the insurer on or before the payment date shown in the schedule. Taxes, levies and other relevant fiscal charges are payable in addition to the premium.
1.5.2 1.6.2 The premium is deemed paid and accepted on receipt by the insurer or the broker appointed to place this insurance with the insurer.
1.5.3 1.6.3 If any premium (including a premium instalment) is not paid and accepted by the insurer on or before its payment date shown in the schedule the insurer can give written notice to the insured at its address shown on the schedule, cancelling the policy with effect from the seventh (7th) day after the notice has been served. Cancellation will be prevented from taking effect and the policy will continue if the late premium instalment and any other remaining premium instalments are paid and accepted before the cancellation takes effect. Without prejudice to other forms of service, notice of cancellation is deemed to be served on the third (3rd) day after being posted if sent by pre-paid letter post properly addressed.
Appears in 2 contracts
Samples: Personal Accident & Overheads Insurance Policy, Personal Accident & Locum Insurance Policy
Policy period and premium. 1.5.1 1.4.1 The policy will provide insurance insurance, as described herein in clauses 1.2 and 1.3 above, for the period of insurance provided the premium(s) premium and other charges are paid to and accepted by the insurer on or before the payment date shown in the schedule. Taxes, levies and other relevant fiscal charges are payable in addition to the premium.
1.5.2 1.4.2 The premium is deemed paid and accepted on receipt by the insurer or the broker intermediary appointed to place this insurance with the insurer.
1.5.3 1.4.3 If any premium (including a premium instalmentthe instalment of premium) is not paid and accepted by the insurer on or before its payment date shown in the schedule schedule, the insurer can give written notice to the insured at its address shown on the schedule, schedule cancelling the policy with effect from the seventh (7th) day after the notice has been served. Cancellation , but that cancellation will be prevented from taking effect and the policy will continue if the late premium instalment and any other remaining premium instalments are paid and accepted before the cancellation takes effect. Without prejudice to other forms of service, notice of cancellation is deemed to be served on the third (3rd) day after being posted if sent by pre-pre- paid letter post properly addressed.
Appears in 2 contracts
Samples: Crew Cover Public and Products Liability Insurance, Crew Cover Public and Products Liability Insurance
Policy period and premium. 1.5.1 1.4.1 The policy will provide insurance as described herein for the period of insurance provided the premium(s) and other charges are paid to and accepted by the insurer on or before the payment date shown in the schedule. Taxes, levies and other relevant fiscal charges are payable in addition to the premium.
1.5.2 1.4.2 The premium is deemed paid and accepted on receipt by the insurer or the broker appointed to place this insurance with the insurer.
1.5.3 1.4.3 If any premium (including a premium instalment) is not paid and accepted by the insurer on or before its payment date shown in the schedule the insurer can give written notice to the insured at its address shown on the schedule, cancelling the policy with effect from the seventh (7th) day after the notice has been served. Cancellation will be prevented from taking effect and the policy will continue if the late premium instalment and any other remaining premium instalments are paid and accepted before the cancellation takes effect. Without prejudice to other forms of service, notice of cancellation is deemed to be served on the third (3rd) day after being posted if sent by pre-paid letter post properly addressed.
Appears in 1 contract
Samples: Insurance Policy