Posts Tagged ‘30 (THIRTY) DAYS CANCELLATION CLAUSE’

30 (THIRTY) DAYS CANCELLATION CLAUSE

Both the Insured and the Company are entitled to terminate this insurance upon 30 (thirty) days in writing being given by registered letter. When the Insurer terminates the insurance, he is obligated to return pro-rata premium for unexpired period of insurance. If it is the Insured who terminates the insurance, premium will be calculated on ... Full story
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