Common use of Scope of insurance cover Clause in Contracts

Scope of insurance cover. Insurance cover is contingent on all rental costs having been paid with a Corporate Card, Virtual Card or Account and the rental period shown in the rental contract does not exceed 31 days. In the case of long-term rentals of more than 31 days, insurance cover is only extended if interim settlements are completed with a separate payment process for each maximum 31 day period, or if a new rental contract is issued with a separate contract number after the maximum period of 31 days.

Scope of insurance cover. Insurance cover is contingent on all rental costs having been paid with a Corporate Card, a Virtual Card or Account and the rental period shown in the rental contract does not exceed 31 days. In the case of long-term rentals of more than 31 days, insurance cover is only extended if interim settlements are completed with a separate payment process for each maximum 31 day days period, or if a new rental contract is issued with a separate contract number after the maximum period of 31 days.