Renewal of Policy. This Policy is Renewable for life however this Policy will automatically terminate at the end of the Policy Period or Grace Period and We are under no obligation to give intimation in this regard.
Renewal of Policy. In the event that you decide to purchase an insurance policy, we will contact you on an annual basis to obtain your instructions on the renewal of your insurance policy, prior to the date of renewal.
Renewal of Policy. The policy shall ordinarily be renewable except on grounds of fraud, misrepresentation by the insured person.
i. The Company shall endeavor to give notice for renewal. However, the Company is not under obligation to give any notice for renewal.
ii. Xxxxxxx shall not be denied on the ground that the insured person had made a claim or claims in the preceding policy years.
iii. Request for renewal along with requisite premium shall be received by the Company before the end of the policy period.
iv. At the end of the policy period, the policy shall terminate and can be renewed within the Grace Period of 30 days to maintain continuity of benefits without break in policy. Coverage is not available during the grace period.
v. No loading shall apply on renewals based on individual claims experience.
Renewal of Policy. With Aetna’s consent; this Policy may be renewed for like periods by payment of the renewal premium at the premium rate in effect at that time. This renewal premium must be paid within the grace period. GRACE PERIOD. The premium due date will be negotiated by Aetna and the Policyholder. The grace period of 31 days will be granted for the payment of each premium falling due after the first premium. During that period; this Policy shall continue in force. The Policyholder shall be liable to Aetna for the payment of the premium for the period this Policy continues in force. CLAIM FORMS. Upon receipt of a written notice of claim; Aetna or its authorized agent will give the claimant such forms as are usually given for filing proofs of loss. If such forms are not given within 15 days after the receipt of such notice; the claimant can fulfill the terms of this Policy as to proof of loss by giving written proof of: (i) the occurrence of the loss; and (ii) the nature of the loss; and (iii) the extent of the loss.
Renewal of Policy. Renewal of this Policy is not automatic; premium due must be paid to the Company on or before the due date. The Company shall not be responsible or liable for non- renewal of policy due to non-receipt or delayed receipt of premium or the proposal form or of the Medical Practitioner’s report wherever required or due to any other reason within the control of the insured. Further, the Company shall not ordinarily deny the renewal of this policy unless on grounds of fraud, moral hazard, misrepresentation or non-cooperation by the insured. No loadings based on claim(s) and / or age (except to the extent as provided for in clause 5 (8) ( e ) above) under the policy shall apply. If the policy is renewed for enhanced Sum Insured then clauses (4.1, 4.2, 4.3) as applicable to a fresh policy shall apply to additional Sum Insured as if a separate policy has been issued for the difference. In respect of Pre-existing Diseases or for a disease / ailment / injury for which treatment has been taken in the earlier policy period, the enhanced Sum Insured will be available only after 48 months of continuous coverage with the increased Sum Insured. In case of addition of new members, the policy will be treated as fresh with respect to the newly added members. No loading, on account of claims, will be levied on premium at the time of renewal.
Renewal of Policy. The Company shall not be responsible or liable for non-renewal of policy due to non-receipt or delayed receipt of premium or the proposal form or of the Medical Practitioner’s report wherever required or due to any reason other than for which the Company is responsible. Further:
a. The Company shall not ordinarily deny the renewal of this policy unless on grounds of fraud, moral hazard, misrepresentation or non-cooperation by the insured.
b. If the policy is renewed for enhanced Sum Insured then clauses (4.1 & 4.2) as applicable to a fresh policy shall apply to additional Sum Insured as if a separate policy has been issued for the difference. In respect of Pre-existing Diseases or for a disease / ailment / injury for which treatment has been taken in the earlier policy period, the enhanced Sum Insured will be available only after three continuous renewals with the increased Sum Insured. In case of addition of new members, the policy will be treated as fresh with respect to the newly added members.
Renewal of Policy i. This insurance policy shall ordinarily be renewable except on grounds of fraud, moral hazard or misrepresentation or non-cooperation by you. Wherever renewal is denied, due reasons shall be provided by us.
ii. The Company shall not be bound to give notice that renewal premium is due. Every renewal premium (which shall be paid and accepted in respect of this policy) shall be so paid and accepted upon the distinct understanding that no alteration has taken place in the facts contained in the proposal/enrollment form or declaration herein before mentioned and that nothing is known to the Insured person that may result to enhance the risk of the Company under the insurer. Nothing herein or otherwise shall oblige the Company to offer renewal terms or restrict any renewal terms as to premium or otherwise. No renewal receipt shall be valid unless it is on the printed form of the Company and signed by an authorized official of the Company iii.Policy must be renewed within the grace period of 30 days of expiry to maintain the continuity of Coverage. However, no coverage shall be available during the period of such break. A policy that is sought to be renewed after the grace period of 30 days will be underwritten as a fresh policy at the discretion of Royal Sundaram.
Renewal of Policy. Applicable Terms and Clauses of the Underlying Policy will apply to this Add On Cover.
Renewal of Policy. End of Policy: This Policy will expire at the end of the Policy Period. Renewal is not automatic, We may seek relevant information from You for the purpose of renewal.We can reject Your renewal only on grounds of mis- representation, non-disclosure of material facts, fraud or non-co-operation on Your part.
Renewal of Policy. The Group Policy may be renewed, with our consent, for further consecutive terms of 12 months, subject to the payment of the premium at the rate and in the amount determined by us at the time of renewal. The first day of each renewal term will be a premium due date.
