Additional Terms and Conditions apply to 1-Year Policy Multiple Trips Plan. 15.1 The age of the Insured Person is between 18 and 65. 15.2 Any renewal of this Policy shall be at the option of the Company. 15.3 The Company may cancel this Policy by giving seven days’ notice by registered letter to the Policyholder at his/her last known address and in such event will return to the Policyholder the premium paid less the pro rata portion thereof for the period the Policy has been in force or the Policy may be cancelled at any time by the Policyholder on seven days’ notice and (provided no claim has arisen during the current Period of Insurance and the current Schedule of Insurance has been returned to the Company on or before the date of cancellation) the Policyholder shall be entitled to a return of premium less the premium calculated as the following table for the period the Policy has been in force. 1 month 50% 2 months 40% 3 months 30%
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