PREMIUM WARRANTY Sample Clauses

PREMIUM WARRANTY. It is a fundamental and absolute special condition of this Policy that the premium due must be paid and received by Us within sixty (60) days from the Effective Date. If this condition is not complied with then this Policy is automatically cancelled, and We shall be entitled to the pro rata premium for the period they have been on risk. Where the premium payable pursuant to this warranty is received by Our authorised agent, the payment shall be deemed to be received by Us for the purposes of this warranty and the onus of proving that the premium payable was received by a person, including an insurance agent, who was not authorised to receive such premium shall lie on Us. Subject otherwise to the terms and conditions of this Policy.
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PREMIUM WARRANTY. It is a fundamental and absolute special condition of this contract of insurance that the premium due must be paid and received by the Company within sixty (60) days from the inception date of this policy/endorsement/renewal certificate. If this condition is not complied with then this contract is automatically cancelled and the Company shall be entitled to the pro- rata premium for the period they have been on risk. Where the premium payable pursuant to this warranty is received by an authorised agent of the Company the payment shall be deemed to be received by the Company for the purposes of this warranty and the onus of proving that the premium payable was received by a person including an insurance agent who was not authorised to receive such premium shall lie on the Company.
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy/Endorsement/ renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the pro-rated Premium for the period We provided the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this Warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. INSURED EVENTS (Applicable for SECTION I – HOUSEOWNER AND/OR SECTION II - XXXXXXXXXXX) Covered Not Covered We will provide cover for loss or damage to Your Building and/or Contents caused by any of the following perils: 1. Fire, Lightning, Thunderbolt, Subterranean Fire 2. Explosion We will not provide cover for loss or damage to Your Building and/or Contents as follows: Covered Not Covered
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy / Endorsement / renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the prorated Premium for the period We provide the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. What is covered We will provide cover for loss or damage to Your Building and/or Contents caused by any of the following: 1) Fire, Lightning, Thunderbolt, Subterranean Fire What is not covered We will not provide cover for loss or damage to Your Building and/or Contents as follows : INSURED EVENTS (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) 10) Robbery and Hold Up in the Premises of Your property earthquake or volcanic eruption. ADDITIONAL BENEFITS This refers to additional benefits provided to You without any additional Premium, but which are subject to the terms and conditions of the Policy. Applicable for Contents Applicable if Your Policy insures Your Contents only:
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy/Endorsement/ renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the pro-rated Premium for the period We provided the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this Warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. INSURED EVENTS (Applicable for SECTION I – HOUSEOWNER AND/OR SECTION II - We will provide cover for loss or damage to Your Building and/or Contents caused by any of the following perils: We will not provide cover for loss or damage to Your Building and/or Contents as follows: 1. Fire, Lightning, Thunderbolt, Subterranean Fire
PREMIUM WARRANTY. (a) Notwithstanding anything herein contained to the contrary, and subject only and without prejudice to 9.13 (b) hereinafter set out, it is hereby declared and agreed that it is a condition precedent to liability under this Policy, Renewal Certificate, endorsement or Cover Note that any premium due must be paid and actually received in full by the Company, the registered broker or registered agent through whom this policy was effected:-
PREMIUM WARRANTY. 1. Notwithstanding anything herein contained to the contrary and subject only and without prejudice to Clause 2 hereinafter set out it is hereby declared and agreed that it is a condition precedent to liability under this Policy, Renewal Certificate, Endorsement or Cover Note that any premium due must be paid and actually received in full by the Company, the registered broker or registered agent through whom this Policy was effected :-
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PREMIUM WARRANTY. It is a fundamental and absolute special condition of this Policy that the premium due must be paid and received by Us within sixty ( 60) d ays from the Effective Date. If this condition is not complied with then this Policy is automatically cancelled, and We shall be entitled to the pro rata premium for the period they have been on risk. Where the premium payable pursuant to this warranty is received by Our authorised agent, the payment shall be deemed to be received by Us for the purposes of this warranty and the onus of prov ing th at th e premium p ayable was received by a person, including an insurance agent, who was not authorised to receive such premium shall lie on Us. Subject otherwise to th e terms and conditions of this Policy.
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days time of purchasing this insurance, and also during the Period of this from the inception date of this Policy / Endorsement / renewal certificate. Insurance, covering any of the same property insured under this Policy. Such notice should be given and endorsed by Us in this Policy before the Occurrence of any loss or damage. INSURING CLAUSE (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) We will Insure the Buildings and/or Contents as shown on Your Schedule during the Period of Insurance. This cover will be given on the basis that You agree to pay Us the Premium for the cover. In respect of Insured Events occurring during the Period of Insurance and subject to the limitations, exceptions and conditions contained or endorsed in the Policy, We will, by payment or by reinstatement or repair, indemnify You against loss or damage to the property insured as mentioned in the Schedule. This Policy insures You up to the amount of the Sum Insured as stated in the Schedule for loss or damage to Your Buildings and/or Your Contents If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the prorated Premium for the period We provide the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. What is covered We will provide cover for loss or damage to Your Building and/or Contents caused by any of the following: 1) Fire, Lightning, Thunderbolt, Subterranean Fire What is not covered We will not provide cover for loss or damage to Your Building and/or Contents as follows : INSURED EVENTS (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) RHB INSURANCE BERHAD (38000-U) Page 1 of 17 F/HHH/092019 Premises of Your property ADDITIONAL BENEFITS This refers to additional benefits provided to You without any additional Premium, but which are subject to the terms and conditions of the Policy. Applicable for Contents Applicable if Your Policy insures Your Contents only:
PREMIUM WARRANTY. Premium due to Us must be paid and received by Us within sixty (60) days from the inception date of this Policy/Endorsement/ renewal certificate. If the condition is not complied with, this contract shall be automatically cancelled and We shall be entitled to the pro-rated Premium for the period We provide the cover. Where the Premium payable is received by Our authorised agent, the payment is deemed to be received by Us for the purposes of this warranty. The onus of proving that the Premium payable was received by a person, including an insurance agent who was not authorised to receive such Premium, shall lie with Us. INSURED EVENTS (Applicable for Buildings and/or Contents) What is Covered What is Not Covered
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