Non-Payment of Premium Sample Clauses

Non-Payment of Premium. If reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on those policies listed on the delinquent monthly statement by giving the Ceding Company ninety days' advance written notice. If the delinquent premiums have not been paid as of the close of the ninety-day period, the Reinsurer's liability will terminate for the risks described in the delinquency notice. Regardless of the termination, the Ceding Company will continue to be liable to the Reinsurer for all unpaid reinsurance premiums earned.
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Non-Payment of Premium. Company may, in accordance with the notice provisions contained in §5.2.1, terminate the coverage of one or more individual Covered Persons for non-payment of Premium without terminating this Agreement as to other Covered Persons for whom Premiums have been received by Company.
Non-Payment of Premium. Your Premium is due on the Premium due date. You must pay the Premium within the Grace Period. During this period, this Policy will continue to be in force, but if any sum becomes payable by Us during the Grace Period, the amount of any unpaid Premium will be deducted accordingly. If You fail to make the payment by the end of the Grace Period, this Policy will automatically terminate.
Non-Payment of Premium. If the premium has not been paid when due, we may cancel at any time by giving the required notice at least 15 days before cancellation is effective.
Non-Payment of Premium. The Reinsurer may terminate this Contract with 30 days prior written notice, and shall have no liability hereunder, in the event the Company fails to pay any reinsurance consideration for any reason, including insolvency, within ten business days of the date such consideration is due. The Company may avoid termination by paying any and all amounts that are delinquent on or before the effective date of termination.
Non-Payment of Premium. In case of non-payment of the premium, in whole or in part, within the prescribed time, we will incur no liability for and cover shall be forfeited for all Debts resulting from Deliveries made during the period in relation to which the premium was not paid.
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Non-Payment of Premium. 7.1. You agree to pay all premiums and other charges on or before the due date as set out in our invoice or debit note or any evidence of cover, as applicable.
Non-Payment of Premium. (a) Notice of Rights and Consequences of Non-Payment of Premiums In the event Contractor terminates an Enrollee’s coverage in a QHP in accordance with Section 4.17 of Attachment A, Contractor must include the following informational and appeals language in all termination notices: “If you have specific questions about your bill, please call the State of Vermont’s Customer Service line: 0 (000) 000-0000. For additional help with questions about health care and health insurance, call the Vermont Health Care Ombudsman’s Office for free assistance: 0 (000) 000-0000.” “If your coverage was terminated, and you believe termination is due to a billing or payment error, you have the right to a Fair Hearing before the Vermont Human Services Board. You have 90 days from the date this letter to request a Fair Hearing, and may do so verbally or in writing by calling the State of Vermont’s Customer Service line: 0 (000) 000-0000. All appeals are processed in accordance with fair hearing rules as promulgated by the Human Services Board pursuant to 3 V.S.A. § 3091(b).” Additionally, Contractor will work with interested parties to create notices, by January 1, 2014, for Advance Premium Tax Credits recipients, that may include specific dates following the premium due date during which coverage remains in force and an enrollee may pay the premium without penalty, in addition to the end date for the 90 day Grace Period. Notices shall also include sufficient information to communicate consequences of failure to satisfy outstanding premiums by the end of a Grace Period.
Non-Payment of Premium. If reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on those policies listed on the delinquent monthly statement by giving the Ceding Company ninety days' advance written notice. If the delinquent premiums have not been paid as of the close of the ninety-day period, the Reinsurer's liability will terminate for the risks described in the delinquency notice. Regardless of the termination, the Ceding Company will continue to be liable to the Reinsurer for all unpaid reinsurance premiums earned. The Ceding Company agrees that it will not force termination under the provisions of this paragraph solely to avoid the recapture requirements or to transfer the block of business reinsured to another reinsurer.
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