Common use of fixed benefits Clause in Contracts

fixed benefits. If the revised underwriting information varies by more than 20% the Insurer agrees to provide cover from the date of creation or acquisition of such subsidiary or Associated Company, for a period of 30 days during which time the Policyholder shall provide any additional information as the Insurer may require and pay such additional Premium as may become due. Otherwise, the Insurer agrees to provide cover for such subsidiary or Associated Company from the date that the revised underwriting information is provided.

Appears in 2 contracts

Sources: Personal Accident & Travel Insurance, Personal Accident & Travel Insurance

fixed benefits. If the revised underwriting information varies by more than 2010% the Insurer agrees to provide cover from the date of creation or acquisition of such subsidiary or Associated Associate Company, for a period of 30 days during which time the Policyholder shall provide any additional information as the Insurer may require and pay such additional Premium as may become due. Otherwise, the Insurer agrees to provide cover for such subsidiary or Associated Associate Company from the date that the revised underwriting information is provided.

Appears in 1 contract

Sources: Insurance Agreement