Common use of PREMIUM ADJUSTMENT Clause in Contracts

PREMIUM ADJUSTMENT. Where the Premium paid by You at the inception of this Policy is calculated on Your estimated Gross Revenue or other estimated amount provided by You to Us, You must, within 30 (thirty) calendar days after the termination of the Period of Insurance, provide Us the actual amount realised during the Period of Insurance so that We may calculate any adjustment Premium that may be payable. Prevention of Accidents You must take reasonable precautions to prevent Personal Injury or Property Damage as if You were not covered by this Policy. Such precautions include but are not limited to

Appears in 10 contracts

Samples: Miscellaneous Marine Liability Insurance Policy, Yacht Club Liability Insurance Policy, Ship Repairers Liability Insurance Policy

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