Common use of POLICY TERM Clause in Contracts

POLICY TERM. This Policy is for the chosen term, up to thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: • You failing to pay Your premium when due; or • You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or • The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or • The number or value of claims settled by Us having reached the limits, as defined in Section 5 – WHAT IS COVERED; or • The Policy being cancelled by either You or Us; or • The expiry date of the Policy as detailed on the Policy Schedule; or • This policy is not renewable.

POLICY TERM. This Policy is for the chosen term, up to thirtya maximum of twenty-six four (3624) monthsmonths and is not renewable, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: • ▪ You failing to pay Your premium when due; or • ▪ You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or • ▪ The Vehicle being sold or transferred to a new owner, other than under Section 9 10 - TRANSFERRING YOUR POLICY; or • ▪ The number or value of claims settled by Us having reached the limitslimit, as defined in Section 5 – WHAT IS COVERED; or • ▪ The Policy being cancelled by either You or Us; or • ▪ The start and expiry date dates of the Policy as detailed on the Policy Schedule; or • This policy is not renewable.

POLICY TERM. This Policy is for the chosen term, up to thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: •  You failing to pay Your premium when due; or •  You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or •  The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or •  The number or value of claims settled by Us having reached the limits, as defined in Section 5 – WHAT IS COVERED; or •  The Policy being cancelled by either You or Us; or •  The expiry date of the Policy as detailed on the Policy Schedule; or • This policy is not renewable.

POLICY TERM. This Policy is for the chosen term, up to a maximum of thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: • ▪ You failing to pay Your premium when due; or • ▪ You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or • ▪ The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or • ▪ The number or value of claims settled by Us having reached the limitslimit, as defined in Section 5 – WHAT IS COVERED; or • ▪ The Policy being cancelled by either You or Us; or • ▪ The expiry date of the Policy as detailed on the Policy Schedule; or • This policy is not renewable.

POLICY TERM. This Policy is for the chosen term, up to thirty-six (36) months, as detailed on the Policy Schedule. Your cover will end at the earliest of any of the below: • ▪ You failing to pay Your premium when due; or • ▪ You or the Vehicle no longer meeting the eligibility criteria for Your Policy; or • ▪ The Vehicle being sold or transferred to a new owner, other than under Section 9 - TRANSFERRING YOUR POLICY; or • ▪ The number or value of claims settled by Us having reached the limits, as defined in Section 5 – WHAT IS COVERED; or • ▪ The Policy being cancelled by either You or Us; or • ▪ The expiry date of the Policy as detailed on the Policy Schedule; or • This policy is not renewable.