Statement of Coverage and Premium means the document issued by AFSC to the Insured outlining insurance coverage that has been accepted by AFSC and the premium owed by the client for Straight Hail Insurance.
Statement of Coverage and Premium means the document issued by AFSC to the Insured outlining coverage that has been accepted by AFSC and the premium owed by the client, and premium paid by federal and provincial government.
Statement of Coverage and Premium means the notification provided to the Producer confirming purchase of a Policy or Policies.
Examples of Statement of Coverage and Premium in a sentence
Early Payment Discount 2% Applied to Premium payments received by AFSC by the later of June 25 or within 15 days of the effective date of the Statement of Coverage and Premium.
AFSC will provide insurance to the Insured in accordance with the Statement of Coverage and Premium for losses suffered by the Insured to Insured Crops due to a Designated Peril.
The amount of insurance and limits of Coverage for each Insured Crop is shown on the Statement of Coverage and Premium.
An Indemnity shall be calculated based on full dollar Coverage by Insured Crop as described on the Statement of Coverage and Premium.
AFSC reserves the right to reject requests for changes to the Application after the Statement of Coverage and Premium is issued.