Common use of PREMIUM ADJUSTMENT Clause in Contracts

PREMIUM ADJUSTMENT. If the premium for this Policy has been calculated on estimates by You, You shall within 30 days after expiry of the Period of Insurance provide Us with such particulars and information relevant to the Policy as We may reasonably require. The premium for the period shall be adjusted and any difference paid by or allowed to You as the case may be. Provided that the adjusted premium shall not be lower than the minimum premium normally charged by Us. Reasonable Precautions

Appears in 5 contracts

Samples: Our Agreement, Our Agreement, Our Agreement

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PREMIUM ADJUSTMENT. If the Where premium for this Policy has been calculated on estimates furnished by You, You shall shall, within 30 days after the expiry of each Period of Insurance, furnish to Us such information as We may require to adjust the premium for the Period of Insurance provide Us with such particulars and information relevant to the Policy as We may reasonably requireInsurance. The Any difference in premium for the period shall be adjusted and any difference paid by or allowed to You. You as the case may be. Provided that the adjusted premium shall not be lower than the minimum premium normally charged by Us. Reasonable Precautionsallow Us to inspect Your records to ascertain or verify such information if required.

Appears in 4 contracts

Samples: Our Agreement, www.nautilusinsurance.co.nz, www.nautilusinsurance.co.nz

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PREMIUM ADJUSTMENT. If the premium for this Policy has been calculated on estimates by You, You shall within 30 thirty (30) days after expiry of the Period of Insurance provide Us with such particulars and information relevant to the Policy as We may reasonably require. The premium for the period shall be adjusted and any difference paid by or allowed to You as the case may be. Provided that the adjusted premium shall not be lower than the minimum premium normally charged by Us. Reasonable Precautions

Appears in 1 contract

Samples: Our Agreement

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