Premium Refund. If for any reason a premium or premiums be paid for an Assurance after it shall have been terminated as above, the receipt by the Company of the same shall not constitute a continuation of this Assurance but any premium or premiums so paid shall be refunded and the Company shall be under no liability in respect of the coverage. Where premiums have been received by the Company in excess of a Life Assured’s eligibility under the terms and conditions of this Supplementary Contract, the excess premiums shall be refunded.
Appears in 2 contracts
Sources: Supplementary Contract, Supplementary Contract