Common use of Term Adjustments Clause in Contracts

Term Adjustments. Where You request a mid-term adjustment to the policy any time after the first 14 days of inception or renewal, a fee will be payable. Any change in cover which results in an additional premium due, must be paid to Us in full or applied to an existing credit agreement where agreed at the time of the amendment, along with the fee being charged in order for the policy change to be operative. Automatic Policy Renewal You can choose to stop Your policy from automatically renewing at any time. You can do this by logging into Your online account, or by email, or by phone. If You choose to prevent Your policy from automatically renewing, Your policy will end and any claims made after the policy end date will not be covered as You will no longer be insured. You will be provided with the renewal terms no less than 14 days before expiry of the policy, or notified that the renewal is not being invited. Unless you have opted out of the automatic renewal service, Your insurance will automatically renew using the payment details provided. If there has been an update to Your credit/debit card, We may automatically attempt to collect payment against the new card details provided by Your bank. No monies will be taken without prior notification to You. If payment information stored relates to those of a third party, it is Your responsibility to contact the third party to advise that a payment will be taken, or for You to provide alternative payment information prior to renewal. If You do not wish to renew Your policy, You must:

Term Adjustments. Where You request a mid-term adjustment to the policy any time after the first 14 days of inception or renewal, a fee will be payable. Any change in cover which results in an additional premium due, must be paid to Us in full or applied to an existing credit agreement where agreed at the time of the amendment, along with the fee being charged in order for the policy change to be operative. Automatic Policy Renewal You can choose to stop Your policy from automatically renewing at any time. You can do this by logging into Your online account, or by email, or by phone, or in writing via a signed letter. If You choose to prevent Your policy from automatically renewing, Your policy will end and any claims made after the policy end date will not be covered as You will no longer be insured. You will be provided with the renewal terms no less than 14 days before expiry of the policy, or notified that the renewal is not being invited. Unless you have opted out of the automatic renewal service, Your insurance will automatically renew using the payment details provided. If there has been an update to Your credit/debit card, We may automatically attempt to collect payment against the new card details provided by Your bank. No monies will be taken without prior notification to You. If payment information stored relates to those of a third party, it is Your responsibility to contact the third party to advise that a payment will be taken, or for You to provide alternative payment information prior to renewal. If You do not wish to renew Your policy, You must: