PREMIUM WARRANTY. It is a fundamental and absolute special condition of this Policy that the premium due must be paid and received by Us within sixty (60) days from the Effective Date. If this condition is not complied with then this Policy is automatically cancelled, and We shall be entitled to the pro rata premium for the period they have been on risk. Where the premium payable pursuant to this warranty is received by Our authorised agent, the payment shall be deemed to be received by Us for the purposes of this warranty and the onus of proving that the premium payable was received by a person, including an insurance agent, who was not authorised to receive such premium shall lie on Us. Subject otherwise to the terms and conditions of this Policy.
PREMIUM WARRANTY. It is a fundamental and absolute special condition of this contract of insurance that the premium due must be paid and received by the Company within sixty (60) days from the inception date of this policy/endorsement/renewal certificate. If this condition is not complied with then this contract is automatically cancelled and the Company shall be entitled to the pro- rata premium for the period they have been on risk. Where the premium payable pursuant to this warranty is received by an authorised agent of the Company the payment shall be deemed to be received by the Company for the purposes of this warranty and the onus of proving that the premium payable was received by a person including an insurance agent who was not authorised to receive such premium shall lie on the Company.
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy/Endorsement/ renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the pro-rated Premium for the period We provided the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this Warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. (Applicable for SECTION I – HOUSEOWNER AND/OR SECTION II - XXXXXXXXXXX) We will provide cover for loss or damage to Your Building and/or Contents caused by any of the following perils: 1. Fire, Lightning, Thunderbolt, Subterranean Fire 2. Explosion We will not provide cover for loss or damage to Your Building and/or Contents as follows:
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy/Endorsement/ renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the pro-rated Premium for the period We provide the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us.
PREMIUM WARRANTY. (a) Notwithstanding anything herein contained to the contrary, and subject only and without prejudice to 9.13
(b) hereinafter set out, it is hereby declared and agreed that it is a condition precedent to liability under this Policy, Renewal Certificate, endorsement or Cover Note that any premium due must be paid and actually received in full by the Company, the registered broker or registered agent through whom this policy was effected:-
(i) when the period of insurance is sixty (60) days or more, within SIXTY (60) days from the:-
(1) INCEPTION date of the coverage under the Policy, Renewal Certificate or Cover Note; or
(2) EFFECTIVE date of the coverage stated on each Endorsement, if any, issued under the Policy, Renewal Certificate or Cover Note when the effective date of coverage stated on the endorsement is on or after the issuance date of the Endorsement; or
(3) ISSUANCE date of each Endorsement, if any, issued under the Policy, Renewal Certificate or Cover Note where the effective date of coverage under the Endorsement is before the issuance date; OR
(ii) when the period of insurance is LESS then SIXTY (60) days, within the period of insurance specified in the Policy, Endorsement, Renewal Certificate or Cover Note.
(b) In the event the abovementioned premium is not paid in full to the Company, registered broker or registered agent as described above in the manner and within the time stipulated above (the “premium warranty period”), the cover under this Policy, Renewal Certificate, Endorsement or Cover Note shall be deemed to have terminated from the expiry of the premium warranty period and the Company shall be discharged from all liability therefrom but without prejudice to any liability incurred before that date and the Company will be entitled to a pro-rata time risk premium subjected to a minimum of S$25.
PREMIUM WARRANTY. It is a fundamental and absolute special condition of this Policy that the premium due must be paid and received by Us within sixty ( 60) d ays from the Effective Date. If this condition is not complied with then this Policy is automatically cancelled, and We shall be entitled to the pro rata premium for the period they have been on risk. Where the premium payable pursuant to this warranty is received by Our authorised agent, the payment shall be deemed to be received by Us for the purposes of this warranty and the onus of prov ing th at th e premium p ayable was received by a person, including an insurance agent, who was not authorised to receive such premium shall lie on Us. Subject otherwise to th e terms and conditions of this Policy.
PREMIUM WARRANTY. Notwithstanding anything herein contained to the contrary and subject only and without prejudice to Clause 2 hereinafter set out it is hereby declared and agreed that it is a condition precedent to liability under this Policy, Renewal Certificate, Endorsement or Cover Note that any premium due must be paid and actually received in full by the Company, the registered broker or registered agent through whom this Policy was effected :-
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy / Endorsement / renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the prorated Premium for the period We provide the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. What is covered We will provide cover for loss or damage to Your Building and/or Contents caused by any of the following: 1) Fire, Lightning, Thunderbolt, Subterranean Fire What is not covered We will not provide cover for loss or damage to Your Building and/or Contents as follows : INSURED EVENTS (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) 10) Robbery and Hold Up in the Premises of Your property earthquake or volcanic eruption. This refers to additional benefits provided to You without any additional Premium, but which are subject to the terms and conditions of the Policy. Applicable if Your Policy insures Your Contents only:
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy / Endorsement / renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the prorated Premium for the period We provide the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. What is covered We will provide cover for loss or damage to Your Building and/or Contents caused by any of the following: 1) Fire, Lightning, Thunderbolt, Subterranean Fire What is not covered We will not provide cover for loss or damage to Your Building and/or Contents as follows : This refers to additional benefits provided to You without any additional Premium, but which are subject to the terms and conditions of the Policy. Applicable if Your Policy insures Your Contents only:
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy / If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the pro-rated Premium for the period We provide the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this Warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. We will provide cover for loss or damage to Your Building and/or Contents by any of the following: We will not provide cover for loss or damage to Your Building and/or Contents as follows: 1) Fire, Lightning, Thunderbolt, Subterranean Fire 2) Explosion
