Common use of Renewal Notice Clause in Contracts

Renewal Notice. The company shall not be bound to accept any renewal premium nor give notice that such is due. Every renewal premium (which shall be paid and accepted in respect of this policy) shall be so paid and accepted upon the distinct understanding that no alteration has taken place in the facts contained in the proposal or declaration herein before mentioned and that nothing is known to the insured that may result to enhance the risk of the company under the guarantee hereby given. No renewal receipt shall be valid unless it is on the printed form of the company and signed by an authorized official of the company.

Appears in 2 contracts

Samples: www.irdai.gov.in, policyholder.gov.in

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Renewal Notice. The company Company shall not be bound to accept any renewal premium nor give notice that such is due. Every renewal premium (which shall be paid and accepted in respect of this policyPolicy) shall be so paid and accepted upon the distinct understanding that no alteration has taken place in the facts contained in the proposal or declaration herein before mentioned and that nothing is known to the insured that may result to enhance the risk of the company Company under the guarantee hereby given. No renewal receipt shall be valid unless it is on the printed form of the company Company and signed by an authorized official of the companyCompany.

Appears in 1 contract

Samples: Annexure Iv

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Renewal Notice. The company Company shall not be bound to accept any renewal premium nor premiumnor give notice that such is due. Every renewal premium (which shall be paid and accepted in respect of this policy) shall be so paid and accepted upon the distinct understanding that no alteration has taken place in the facts contained in the proposal or declaration herein before mentioned and that nothing is known to the insured Insured that may result to enhance the risk of the company Company under the guarantee hereby given. No renewal receipt shall be valid unless it is on the printed form of the company Company and signed by an authorized official of the companyCompany.

Appears in 1 contract

Samples: cms.hizuno.com

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