Page 120 - Motor Insurance Ebook IC 72

The Insurance Times

and similar documents must be submitted to the
Company. The insured if aware of any prosecution
Inquest or Fatal Inquiry relating to an accident
which can result in future claim must inform
Company in writing of such matters.

2. No admission to offer payment: The insured
cannot commit to any admission or settlement
without Company's prior written consent.
Insurers can take over the defense or settlement
at their discretion.

In such event Insured to provide all assistance and
cooperation. Any payment not covered under the
policy can be recovered from the Insured.

3. Maintenance of Vehicle: Insured should take all
steps to maintain the vehicle in efficient condition.
The insurer can examine the vehicle, driver or any
employee of the insured at all times.

4. Cancellation: The insurer can cancel the policy
by giving 7 days notice to the insured by recorded
deliver at last known address. The insurer to
retain premium on pro-rata basis for the period
the policy was in force and refund the balance.
Insured can cancel policy by 7 days recorded
delivery notice.

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