Premium Payer definition
Examples of Premium Payer in a sentence
If we determine, in our sole discretion, to accept such Early Termination Offer, we will notify you of the Termination Date, Termination Premium, Termination Premium Payer and Termination Premium Payment Date and will provide you with a Confirmation setting out the terms of the early termination.
If we notify you of any indicative Termination Premium we will also notify you of the indicative Termination Premium Payer and Termination Premium Payment Date.
CLF, however, expressly reserves for itself, for its affiliates and for its other franchisees the right to sell food products to regional or national catering or retail accounts under the "Cafe La France" Trademarks or other trademark.
Should a Premium remain unpaid for a period longer than the grace period, a double Premium will be submitted (to the Premium Payer for Group Cover) for collection the following month.
You will need to supply to us: • The Policy Schedule issued to you by the previous insurer listing the full details of each of the insured members as well as the Waiting Periods which still apply • Proof of payment for all premiums up to 6 calendar months prior to the termination of that policy The Policyholder or the nominated Premium Payer is responsible for the payment of the premium in accordance with the Policy Schedule.