Posts Tagged ‘AUTOMATIC ADDITIONS AND DELETIONS CLAUSE (30 DAYS)’

Additional personnel will be automatically held covered under this policy provided that notice of each addition be advised by the insured within 30 (thirty) days of the date of commencement of employment and the appropriate additional premium aid. Deletion of lives insured will be similarly effected form the date of termination of their employment Full story

In consideration of the Insured undertaking to pay any premium at the agreed rate on the amount of loss on a prorata basis from the date of such loss to expiry of the current period of insurance , it is agreed in the event of loss the insurance hereunder shall in force for full sum insured Full story