Page 143 - Fire Insurance Ebook IC 57
P. 143
The Insurance Times
Transfer by Will or Operation of Law
It is hereby declared and agreed that the interest in the insurance ^by
this policy is now vested in Central Bank of India as Executors of the
within named S. K. Mehra and not as heretofore.
Change of Address of an Insured
It is hereby declared that the address of the Insured is now the new
address of the insured as follows :
XYZ &co
New Address
Renewal notice
n This is generally issued to the insured 30 days in advance of the
expiry date of the policy and it is purely a reminder as a matter of
business courtesy.
n It is not legally binding . on the insurers to send a Renewal Notice
and an insured cannot plead non-receipt of this notice as an excuse
to make the insurers liable for any loss
n A renewal notice gives brief details of the policy
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