FLAT CANCELLATIONS. No insurance contract may be returned by the Producer for flat cancellation unless it is returned prior to the inception or effective date of the contract. Earned premium will be computed and charged on every contract cancelled after inception in accordance with the cancellation provisions of such contract.
Appears in 2 contracts
Sources: Independent Producer Agreement, Independent Producer's Agreement
FLAT CANCELLATIONS. No insurance contract may be returned to RISE by the Producer PRODUCER for flat cancellation unless it is returned prior to the inception inception, or effective date date, of the contract. Earned premium will shall be computed and charged on every contract cancelled after inception in accordance with the cancellation provisions of such contract.
Appears in 1 contract
Sources: Producer Agreement