Renewal and Cancellation. While the relevant Supplementary Accident Contract is in force and during the lifetime of the Insured, you may renew such Supplementary Accident Contract by advance payment of the appropriate annual premiums on each Policy Anniversary before the maximum renewal age as specified in the relevant Supplementary Contract. We reserve the right to revise or adjust the premium rate, terms and conditions at the time of such renewal, and to disapprove or cease to invite any applications for renewal at our sole discretion. We reserve the right to cancel any Supplementary Accident Contract at any time by giving a 30-day prior written notice to the Policyholder. The unearned portion of the premium at the time of cancellation shall be returned.
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Samples: Supplementary Term Insurance Contract, Surgical Benefit Rider, Supplementary Term Insurance Contract
Renewal and Cancellation. While the relevant Supplementary Accident Contract is in force and during the lifetime of the Insured, you may renew such Supplementary Accident Contract by advance payment of the appropriate annual premiums on each Policy Anniversary before the maximum renewal age as specified in the relevant Supplementary Contract. We reserve the right to revise or adjust the premium rate, terms and conditions at the time of such renewal, and to disapprove or cease to invite any applications for renewal at our sole discretion. If, at the expiration of the Grace Period any premium due is paid under the Automatic Non-Forfeiture Provisions of the Basic Policy, the same shall apply to the Supplementary Contract. We reserve the right to cancel any Supplementary Accident Contract at any time by giving a 30-day prior written notice to the Policyholder. The unearned portion of the premium at the time of cancellation shall be returned.
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