Common use of POLICY TERM Clause in Contracts

POLICY TERM. This Policy is for the chosen term, up to thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: ▪ You failing to pay Your premium when due; or ▪ You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or ▪ The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or ▪ The number or value of claims settled by Us having reached the limits, as defined in Section 5 – WHAT IS COVERED; or ▪ The Policy being cancelled by either You or Us; or ▪ The expiry date of the Policy as detailed on the Policy Schedule.

POLICY TERM. This Policy is for the chosen term, up to a maximum of thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: ▪ You failing to pay Your premium when due; or ▪ You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or ▪ The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or ▪ The number or value of claims settled by Us having reached the limitslimit, as defined in Section 5 – WHAT IS COVERED; or ▪ The Policy being cancelled by either You or Us; or ▪ The expiry date of the Policy as detailed on the Policy Schedule.

POLICY TERM. This Policy is for the chosen term, up to thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: ▪  You failing to pay Your premium when due; or ▪  You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or ▪  The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or ▪  The number or value of claims settled by Us having reached the limits, as defined in Section 5 – WHAT IS COVERED; or ▪  The Policy being cancelled by either You or Us; or ▪  The expiry date of the Policy as detailed on the Policy Schedule.

POLICY TERM. This Policy is for the chosen term, up to thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: ▪ • You failing to pay Your premium when due; or ▪ • You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or ▪ • The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or ▪ • The number or value of claims settled by Us having reached the limits, as defined in Section 5 – WHAT IS COVERED; or ▪ • The Policy being cancelled by either You or Us; or ▪ • The expiry date of the Policy as detailed on the Policy Schedule; or • This policy is not renewable.

POLICY TERM. This Policy is for the chosen term, up to thirtya maximum of twenty-six four (3624) monthsmonths and is not renewable, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: ▪ You failing to pay Your premium when due; or ▪ You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or ▪ The Vehicle being sold or transferred to a new owner, other than under Section 9 10 - TRANSFERRING YOUR POLICY; or ▪ The number or value of claims settled by Us having reached the limitslimit, as defined in Section 5 – WHAT IS COVERED; or ▪ The Policy being cancelled by either You or Us; or ▪ The start and expiry date dates of the Policy as detailed on the Policy Schedule.