Premium Payment Warranty

The Insured warrant that the Premium stated below and any Premium as may be agreed by Endorsement will be paid and received by Insurers on or before midnight of the respective Due Date. If this warranty is not complied with, this Policy shall be terminated at such Due Date.

Premium Payment                                                        Due Date                      Amount Currency: ………….

100% or first instalment(as applicable)                    Inception Date                 ………………………….

………. instalment                                                  ………………………..       ………………………….

………. instalment                                                  ………………………..       ………………………….

………. instalment                                                  ………………………..       ………………………….

………. instalment                                                  ………………………..       ………………………….

Total Premium Sections 1, 2 and 3 (as applicable)                                          ………………………….

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2 Comments on “Premium Payment Warranty”

  • Marsau Lina wrote on 9 July, 2018, 11:12

    Apakah sama Klausula Premium Payment Warranty dengan Deferred Payment Clause ?

    Sama aja
    Deferred premium payment clause mengatur mengenai tanggal jatuh tempo cicilan

  • sumadi wrote on 10 June, 2020, 13:40

    Maaf Pak numpang tanya..

    Polis IAR instalment 4x, tertanggung sudah bayar 2x installment, terjadi klaim property yg dijamin polis, namun premi belum lunas… pertanyaan saya.. apakah klaim bisa diproses walau baru bayar 2x.. atau akan diproses setelah lunas… klo menuggu lunas apakah mengenai DOL date of loss tidak kelamaan.. trimakasih sebelumnya

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