SHORT TERM RATES | |||
The following is the same of short term rates which will be applied in the event | |||
of Policy being issued for less than one year or Policy condition number XXI | |||
Termination of the Insurance part 2 being applicable. | |||
PERIOD | PERCENTAGE OF ANNUAL PREMIUM | ||
3days | 5% | ||
10 days | 10% | ||
1 month | 20% | ||
1.5 months | 25% | ||
2 months | 30% | ||
3 months | 40% | ||
4 months | 50% | ||
5 months | 60% | ||
6 months | 70% | ||
7 months | 75% | ||
8 months | 80% | ||
9 months | 85% | ||
10 months | 90% | ||
11 months | 95% |
Insurance Agents Team who shares all About Insurance, i.e. Health Insurance, Auto Insurance, Insurance Rates, Fire Insurance, Liability Insurance, Property Insurance, Engineering Insurance, Aviation Insurance, Machinery Breakdown Insurance, Fidelity Guarantee, Money Insurance, Marine Cargo Insurance, Project Insurance, Automobile Liability Insurance, Builder's Risks Insurance, Contractors-Erection All Risks Insurance, Loss Prevention, Risks Management, Insurance Claims, etc
Tuesday, July 10, 2012
Short Term Rate
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