Common use of INSURANCE Clause in Contracts

INSURANCE. 1. Without prejudice to the provisions of the general law, the risks of loss or deterioration of the vehicle are borne by the adherent. 2. The adherent undertakes to subscribe to the insurance policies for the benefit of CDUP-UP, covering property damage on property and property and non-property damage caused to third parties arising from a faulty conduct. 3. The Client undertakes to pay to the Insurer, through the CDUP-UP, the premium arising from the insurance contract. 4. In case of unilateral termination of the contract before the period agreed by either party, there is no refund of the amount paid. 5. In the event of conviction, in solidarity, based on the non-contractual civil liability regime, U.Porto has, under the general terms of the applicable law, the right of recourse on the adherent. 6. The insurance coverages and deductibles are: a) Liability: • Damage caused to third parties as a result of movement; • Compensation Limit: 50.000 € • Applicable Deductible: 10% of the losses, minimum of 50 € and maximum of 350,00 € b) Theft or Robbery: • Applicable Deductible: 300,00€. 1. At the end of the contract, the adherent is obliged to return the vehicle, in good condition, within the stipulated period. 2. In case of non-compliance with the return deadline applies, for each day of delay the amount of 3,00 € (three euros).

INSURANCE. 1. Without prejudice to the provisions of the general law, the risks of loss or deterioration of the vehicle are borne by the adherent. 2. The adherent undertakes to subscribe to the insurance policies for the benefit of CDUP-UP, covering property damage on property and property and non-property damage caused to third parties arising from a faulty conduct. 3. The Client undertakes to pay to the Insurer, through the CDUP-UP, the premium arising from the insurance contract. 4. In the case of unilateral termination of the contract before the period agreed by either party, there is no refund of the amount paid. 5. In the event of conviction, in solidarity, based on the non-contractual civil liability regime, U.Porto has, under the general terms of the applicable law, the right of recourse on the adherent. 6. The insurance coverages and deductibles are: a) Liability: • Damage caused to third parties as a result of movement; . • Compensation Limit: 50.000 € • Applicable Deductible: 10% of the losses, minimum of 50 € and maximum of 350,00 € b) Theft or Robbery: • Applicable Deductible: 300,00€. 1. At the end of the contract, the adherent is obliged to return the vehicle, in good condition, within the stipulated period. 2. In case of non-compliance with the return deadline applies, for each day of delay the amount of 3,00 € (three euros).