It is hereby
understood and agreed that the premium shall be paid in the following
instalments:-
Nevertheless it is
further understood and agreed that:-
Notwithstanding any provision
as to notice of cancellation contained in this Policy, it is a condition that
in the event of any instalment not being paid by its due date the cover
afforded by this Policy shall be deemed to have ceased at
In the event of a claim hereunder which exceeds the instalments of
premium paid on this Policy the instalments of premium then outstanding shall
become payable forthwith.
AVN 5A 9.10.74
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