Common use of Payment of Premium Clause in Contracts

Payment of Premium. You will provide settlement with cleared funds of all monies due in accordance with the payment date(s) specified in our debit note or other relevant payment documentation (“Payment Date”). Failure to meet the Payment Date may lead to insurers cancelling your contract, particularly where payment is a condition or warranty of a contract. It is imperative that you meet all payment dates. We are under no obligation to pay premium to insurers on your behalf. Client Money Disclosures

Payment of Premium. You will provide settlement with cleared funds of all monies due in accordance with the payment date(s) specified in our debit note or other relevant payment documentation (“Payment Date”). Failure to meet the Payment Date may lead to insurers cancelling your contract, particularly where payment is a condition or warranty of a contract. It is imperative that you meet all payment dates. We are under no obligation to pay premium to insurers on your behalf. Client Money Disclosures.

Payment of Premium. You will provide settlement with cleared funds of all monies due in accordance with the payment date(s) specified in our debit note or other relevant payment documentation (“Payment Date”)documentation. Failure to meet the Payment Date payment date may lead to insurers Insurers suspending or cancelling your contract, particularly where payment is a condition or warranty of a contract. It is imperative that you meet all payment datespolicy with effect from the inception date. We are under no obligation to pay premium premium(s) by the payment date to insurers Insurers on your behalf. Client Money Disclosures.