CANCELLATION OF THE POLICY Clause Samples

CANCELLATION OF THE POLICY. We may cancel the Policy by giving 31 days’ notice in writing (or such other period as may be mutually agreed). You can cancel the Policy with immediate effect. On cancellation by You, We shall be entitled to retain the customary short period or minimum Premium for the period the Policy has been in force, unless cooling-off rights apply. On cancellation by Us, the You shall be entitled to claim a pro-rata proportion of the Premium for the remainder of the period of insurance from the date of cancellation.
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CANCELLATION OF THE POLICY a. Subject to the approval of the Authority: (i) You may cancel this Insurance at any time by giving Us no less than thirty (30) days’ prior written notice. In return, We will confirm in writing the effective date of cancellation of this Policy. (ii) We may cancel this Insurance by giving You at least thirty (30) days’ notice in writing (sent to Your last known address) and stating in the notice the effective date of cancellation. b. This Insurance will be automatically cancelled without further notice on the date on which the PEI’s EduTrust certification expires or is withdrawn or revoked. Notwithstanding the termination of this Insurance by cancellation as aforesaid, any Certificate of Insurance issued prior to the termination of this Insurance shall continue to be in force and the cover on the relevant Student named in such Certificate of Insurance shall continue until the expiry of the Period of Indemnity stated in that certificate.
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CANCELLATION OF THE POLICY a) You at any time before the commencement of the proposed Trip may cancel this Policy by giving notice in writing to Us as long as You are able to establish to Our satisfaction that the proposed Period of Insurance has not commenced. In the event of such cancellation of policy, 100% of premium will be refunded to the insured, provided there are no claims incurred on the Policy under any section. b) In event of cancellation of the Policy after the proposed date of commencement of Trip within 7 days or the expiry date mentioned in the Policy whichever is earlier You shall be entitled to a refund of the premium subject to Our retention of minimum of Rs 150, provided that travel has not commenced. We will verify the passport and ensure that no Trip was undertaken before any refund of premium. The request for cancellation of policy within above stipulated time should be send to ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇
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CANCELLATION OF THE POLICY. A The insured is entitled to cancel this policy by notification in writing to the insurer: the cancellation will become effective from the date stated by the insured in his notification however not prior to the date on which the notification is received by the insurer. B Without derogating from the rights of the insurer in accordance with the law or in accordance with any other directive in the policy, the insurer is entitled to cancel this policy prior to the expiry of the period of insurance, provided that written notification is submitted to the insurer at least 21 days from the date on which the insurance is to be cancelled. Cancellation of the insurance as aforementioned will not prejudice the rights to make a claim in accordance with the policy in respect of a claim which has been lodged against the insured prior to the cancellation of the insurance as aforementioned. C In the event of the cancellation of the insurance by the insured, the premium for the period in which the policy was in force will be calculated according to the insurer's short period premium scale. D If the insurer cancels the contract prior to the expiry of the agreed period of insurance and the cause for the cancellation was not a breach of the policy conditions by the insured or an attempt on his part to defraud the insurer, the insurer will pay the insured the amount that it would have requested from a similar insured for the same type of insurance on the cancellation date, pro-rata for the unexpired period up until the expiry of the agreed period of insurance.
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CANCELLATION OF THE POLICY. 9.1 Your Business may cancel the Policy at any time by giving 30 days’ written notice. 9.2 We may cancel the Policy at any time by giving 30 days’ written notice. 9.3 The cancellation period may be varied by mutual agreement. 9.4 No refund of premiums will be payable in the event that the Policy is cancelled and there has been no claims paid. 9.5 Should the premium not be received for two consecutive months, the Policy will automatically be cancelled. 9.6 Should the premium not be received due to the debit authorisation being cancelled by Your Business the Policy will be automatically cancelled.
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CANCELLATION OF THE POLICY. 13.1. The Insured shall be entitled to cancel the Policy at any time prior to expiration of the insurance term, at his discretion. The insurance shall be canceled on the date a notice in connection therewith was delivered to the Insurer or on a later date in accordance with the request of the Insured. 13.2. Without derogating from the rights of the Insurer by law, the Insurer may cancel the insurance prior to expiration of the insurance term due to fraud committed by the Insured or due to failure to properly disclose details the Insured was asked about prior to issuance of the Policy, and provided that a notice in connection therewith including the reasons for the cancellation shall be delivered to the Insured in registered mail no less than 30 days prior to the date of cancellation of the insurance. 13.3. In case an Insured delivered notice regarding cancellation of the Policy as stated in section 13.1 or in case the Insurer delivered notice regarding cancellation of the Policy as stated in section 13.2 the Insurer shall return to the Insured the relative part of the insurance premiums that were paid at the earliest opportunity and no later than 14 days from the date the cancellation took effect and the relative part as aforesaid shall be calculated by multiplying the insurance premiums that the Insurer collected by the ratio between the number of days that remained at the time of cancellation, until the expiration of the original insurance term, and the number of days that are included in the original insurance term. 13.4. All amounts returned in accordance with this section shall vary according to the change in the Index that was published shortly before the date of making payment of the insurance premiums and the Index that was published shortly before the date of returning the insurance premiums, if the insurance premiums were paid in installments, each amount shall vary according to the changes in the Index between the Index that was published shortly before the date of making the payment and the Index that was published shortly before return of the insurance premiums. 13.5. Notwithstanding the said in this section, a charged policy shall be canceled 30 days after delivery of notice regarding the cancellation to the beneficiary.
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CANCELLATION OF THE POLICY. 10.1 Cancellation of the Policy by the Insurer and/or the Owner prior to the end of the Insurance period, and there was no, nor will there be, any reason for a claim, will give the Insured and/or the Owner of the policy the right to reimbursement of a relative portion of the premium. Reimbursement members are required to return to the Insurer their Policy and their membership card. 10.2 Notwithstanding clause 10.1 above, cancellation of the policy to an Insured, an academic visitor as defined in clause 1.2, will give the Insured and/or the Owner of the policy the right to reimbursement of the premium after deducting cancellation fee as fixed, from time to time, by the Insurance Company. 10.3 All the Insured’s rights and/or those of the Owner of the Policy according to this Policy, cease: a. At the request of the Insured and/or the Owner of the Policy. b. As a result of non-payment, as in clause 8.2. c. If the maximum sum has been paid for hospitalization, death or permanent disability.
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Related to CANCELLATION OF THE POLICY

  • Policy Cancellation Except for ten days notice for non-payment of premium, each insurance policy shall be endorsed to state that; without thirty (30) days prior written notice to the City, the policy shall not be canceled, non-renewed or coverage and/or limits reduced or materially altered, and shall provide that notices required by this paragraph shall be sent by certified mail to the address shown below.

  • Cancellation of Agreement In the event that prior to the Closing Date (a) trading in securities on the New York Stock Exchange generally, or in securities of the Bank in particular, shall have been suspended, or minimum prices established by the New York Stock Exchange, or any new restrictions on transactions in securities shall have been established by the New York Stock Exchange or by the Commission or by any other United States Federal or State agency or by any action of the United States Congress or by executive order to such a degree as, in your judgment as the Representatives, to affect materially and adversely the marketing of the Securities or (b) existing financial, political or economic conditions in Europe, the United States or elsewhere shall have undergone any change which, in your judgment as the Representatives, would materially and adversely affect the market for the Securities, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at any time prior to, the Closing Date by you, as the Representatives, without liability on the part of any Underwriter to the Bank or of the Bank to any Underwriter, subject to Section 11(e). Notice of such cancellation shall be given to the Bank in writing, or by cable or telephone confirmed in writing.

  • Cancellation All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

  • Cancellation of Services (a) ARTC will request the HVCCC to inform ARTC on a weekly basis of the total number of cancelled services assigned to the Access Holder in the previous week by the Live Run Superintendent Group, as collated and reported by the HVCCC, and whether the total number of cancellations assigned to the Access Holder in that week has had, in the reasonable opinion of the HVCCC, an impact on Capacity, Coal Chain Capacity or the Capacity entitlement of another access holder in that week. (b) To avoid doubt, the number of cancelled services assigned to the Access Holder, as collated and reported by the HVCCC, may include cancellations of services scheduled to be used or operated by or on behalf of another access holder where the cancellation was assigned to the Access Holder by the Live Run Superintendent Group. (c) If ARTC is informed by the HVCCC that the cancellations in clause 11.6(a) have had, in the reasonable opinion of the HVCCC, an impact on Capacity, Coal Chain Capacity or the Capacity entitlement of another access holder, then ARTC may remove Path Usages from the Access Holder’s Base Path Usages in the Period immediately following the Period in which the cancellations had an impact on Capacity, Coal Chain Capacity, or the contractual entitlement of another access holder. (d) If Base Path Usages are removed in accordance with this clause 11.6(c), ARTC will delete the number of removed Path Usages from the Access Holder’s Annual Contracted Path Usages in the relevant Train Path Schedule by notice to the Access Holder. To avoid doubt, a cancellation or a reduction of Path Usages made available to the Access Holder as a result of a Capacity Shortfall under clause 6 will not constitute a cancellation under this clause 11.6. (e) The number of Path Usages to be removed from the Access Holder under (i) in respect of the number of cancellations assigned to the Access Holder due to a single event be no more than two; and (ii) in total will be no more than the number of cancellations reported in clause 11.6. (f) If ARTC is informed by the HVCCC that the cancellations reported in this clause 11.6 have had, in the reasonable opinion of the HVCCC, an impact on Capacity, Coal Chain Capacity or the Capacity entitlement of another access holder, but ARTC has not removed Base Path Usages from the Access Holder, then ARTC will provide written reasons for its decision not to remove Base Path Usages from the Access Holder to: (i) the HVCCC; or (ii) if requested, the Access Holder where it is not a member of the HVCCC, subject to any confidentiality restrictions, within 10 Business Days of making that decision. (g) To avoid doubt, the Access Holder’s obligation to pay TOP Charges will be unaffected by the removal of Base Path Usages under this clause 11.6. (h) Clause 14 does not apply to any determination by ARTC under this clause 11.6. (i) In exercising its rights under clause 11.6, ARTC is entitled to rely on information provided by, and the recommendations and opinions of, the HVCCC. (j) This clause 11.6 is subject to any changes arising from the review under section 5.8 of the Access Undertaking.

  • CANCELLATION AND REFUND POLICY Should a student’s enrollment be terminated or cancelled for any reason, all refunds will be made according to the following refund schedule: