Examples of Nonpayment of premium in a sentence
Non-payment of premium on due date as opted by You in the mandate form subject to an additional 15 days of relaxation period will lead to termination of the policy.
Nonpayment of premium, including nonpayment of any additional premiums, calculated in accordance with the current rating manual of the insurer, justified by a physical change in the insured property or a change in its occupancy or use.
Provided the premium has been paid in full You shall be entitled to a proportionate rebate of premium in respect of the unexpired period showing on the insurance.Valid reasons include but are not limited to:• Non-payment of premium.
Non-payment of premium shall require ten (10) days notice of cancellation.
Nonpayment of premium when due to the insurer or producing agent.