Premium Payment Warranty

The Insured warrant that the Premium stated below and any Premium as may be agreed by Endorsement will be paid and received by Insurers on or before midnight of the respective Due Date. If this warranty is not complied with, this Policy shall be terminated at such Due Date.

Premium Payment                                                        Due Date                      Amount Currency: ………….

100% or first instalment(as applicable)                    Inception Date                 ………………………….

………. instalment                                                  ………………………..       ………………………….

………. instalment                                                  ………………………..       ………………………….

………. instalment                                                  ………………………..       ………………………….

………. instalment                                                  ………………………..       ………………………….

Total Premium Sections 1, 2 and 3 (as applicable)                                          ………………………….

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