The Insurance Premium,. 1. 6a The Premium is calculated as a 12 month charge and is the amount determined by the Insurer by reference amongst other things to the number of Vehicles covered and the types of cover purchased by the Policyholder. The Premium is payable by the Policyholder in monthly instalments, and within 10 working days of the date of the invoice. 1. 6b The Insurance Premium, Tax and any applicable levy will be collected on behalf of our by Arval. The monthly instalment will be considered paid by the Policyholder upon receipt of same by Arval Sweden. 1. 6c Where the Policyholder does not pay an Instalment on the due date, the Insurer shall be entitled to give the Policyholder ten (10) working days stating that the Policy will lapse if the Instalment is not paid within that period or within such period as provided in the Swedish Motor Traffic Damage Act and/or the Swedish Insurance Contracts Act. Upon lapse of the Policy the Insurance Certificates/Greencard becomes null and void. 1. 6d The Premium may be modified as provided in Section 7.15 below in which case the Policyholder undertakes to pay the modified Insurance Premium as provided in that Section.
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Samples: Motor Fleet Vehicle Insurance, Motor Fleet Vehicle Insurance, Motor Fleet Vehicle Insurance
The Insurance Premium,. 1. 6a The Premium is calculated as a 12 month charge and is the amount determined by the Insurer by reference amongst other things to the number of Vehicles covered and the types of cover purchased by the Policyholder. The Premium is payable by the Policyholder in monthly instalments, and within 10 working days of the date of the invoice.
1. 6b The Insurance Premium, Tax and any applicable levy will be collected on behalf of our by ArvalGreenval. The monthly instalment will be considered paid by the Policyholder upon receipt of same by Arval Sweden.
1. 6c Where the Policyholder does not pay an Instalment on the due date, the Insurer shall be entitled to give the Policyholder ten (10) working days stating that the Policy will lapse if the Instalment is not paid within that period or within such period as provided in the Swedish Motor Traffic Damage Act and/or the Swedish Insurance Contracts Act. Upon lapse of the Policy the Insurance Certificates/Greencard becomes null and void.
1. 6d The Premium may be modified as provided in Section 7.15 below in which case the Policyholder undertakes to pay the modified Insurance Premium as provided in that Section.
Appears in 1 contract
Samples: Motor Fleet Vehicle Insurance
The Insurance Premium,. 1. 6a The Premium is calculated as a 12 month charge and is the amount determined by the Insurer by reference amongst other things to the number of Vehicles covered and the types of cover purchased by the Policyholder. The Premium is payable by the Policyholder in monthly instalments, and within 10 working days of the date of the invoice.
1. 6b The Insurance Premium, Tax and any applicable levy will be collected on behalf of our by ArvalXxxxxxxx. The monthly instalment will be considered paid by the Policyholder upon receipt of same by Arval Sweden.
1. 6c Where the Policyholder does not pay an Instalment on the due date, the Insurer shall be entitled to give the Policyholder ten (10) working days stating that the Policy will lapse if the Instalment is not paid within that period or within such period as provided in the Swedish Motor Traffic Damage Act and/or the Swedish Insurance Contracts Act. Upon lapse of the Policy the Insurance Certificates/Greencard becomes null and void.
1. 6d The Premium may be modified as provided in Section 7.15 below in which case the Policyholder undertakes to pay the modified Insurance Premium as provided in that Section.
Appears in 1 contract
Samples: Motor Fleet Vehicle Insurance