Common use of Transfer of Contract Clause in Contracts

Transfer of Contract. If your covered property is sold during the term of this Contract, you have the right to assign this Contract provided that you notify Company of the change in ownership and must submit the name of the new owner by phoning (000) 000-0000 to transfer coverage.

Transfer of Contract. If your covered property is sold during the term of this Contract, you have the right to assign this Contract provided that you notify Company of the change in ownership and must submit the name of the new owner by phoning (000800) 000-0000 992- 3400 to transfer coverage.