TERMINATION - COMPLAINT OF THE POLICY Sample Clauses

TERMINATION - COMPLAINT OF THE POLICY. 1. Parties contributing to the policy may terminate this policy at any time by a written agreement. 2. The policyholder and / or the insured may terminate the policy at any time either by sending a letter or fax or electronically to the contact details indicated by the Company on its official website and in all its printed material. The results of the complaints concerning the counterparties occur immediately from the date of its receipt to the Company. 3. The Company may, in a letter, terminate the policy only if an essential term is violated by the policyholder and / or the insured and shall be charged with the proof of the violation. With the statement of the complaint addressed to the policyholder and / or the insured, is announced that failure to comply with the violated essential term within thirty (30) days of service of the complaint, results the termination of the policy. 4. The letter of the previous paragraph shall be sent to the address of the domicile or the residence of the policyholder and / or of the insured indicated in the policy. Domicile or residence is the last address which the policyholder and / or the insured have stated in writing to the Company. The results of the letter occur regardless of the refusal of the policyholder and / or the insured to receive it, or to find it in the address of domicile, or residence, or not to attend the post office to receive it. 5. In any case of premature termination of the policy in accordance with par. 1, 2 and 3 of article 11A of the Presidential Decree 237/1986 and the present article, the Company shall inform the Information Center accordingly. Especially in the case of par. 3 of this article and article 11A of the Presidential Decree 237/1986, the notification cannot be made earlier than the 30th day after sending the relevant letter. The Company may oppose against the third injured party the termination of the policy after sixteen (16) days from the notification of the previous paragraphs. Following the written consent of the Company and with effect from at least the next day of the insured's application it is possible to amend the existing policy.
Sample 1
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Related to TERMINATION - COMPLAINT OF THE POLICY

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