Posts Tagged ‘RETURN OF PREMIUM CLAUSE’

RETURN OF PREMIUM CLAUSE

In the event of Gross Profit earned during the financial year most nearly concurrent with any period of insurance as certified by the Insured thereon a pro rata of premium not exceeding thirty percent (30%) of the premium pain on such sum insured for such period of insurance will be made  in respect of the difference. If any damage shall have ... Full story

RETURN OF PREMIUM CLAUSE

In the event of Gross Profit earned during the financial year most nearly concurrent with any period of  insurance as certified by the Insured thereon a prorata return of premium not exceeding thirty percent  (30%) of the premium paid on such sum insured for such period of insurance will be made in respect of  the different. If any damage shall have ... Full story
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