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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