Period of Insurance definition
Examples of Period of Insurance in a sentence
The Insurers will either return a pro rata portion of the premium in respect of the unexpired Period of Insurance or have the option to retain the premium in the case of fraudulent claims.
The Insured shall be under a continuing duty, during the Period of Insurance, to notify the Insurers as soon as reasonably practicable of any changes which increase the risks which have been presented to the Insurers.
A pro rata refund of the premium will be paid for the remaining proportion of the Period of Insurance after the cancellation date.
This Policy is extended to indemnify the Insured, up to the limit stated in the Policy Schedule, against legal liability for any claim or claims which are first made against them and notified to Insurers during the Period of Insurance by reason of any negligent act, negligent error or negligent omission in the conduct of their business as the owner/operator of the insured UAS.
You are under a continuing duty, during the Period of Insurance, to notify the Insurers of any changes which increase the risks which have been presented to the Insurers.