Asset Protection


Business to carry out survey(s), within 60 days of the inception or renewal date, unless We agree otherwise in writing.


Upon completion of these requirements (or if they are not completed by the required dates), We may, at our option:


(i) modify Your premium,


(ii) issue a mid-term amendment to Your policy or Section terms and conditions,


(iii) require You to make alterations to the Premises insured by the required date(s),


(iv) exercise Our right to cancel Your policy,


(v) leave the policy or Section terms and conditions, and Your premium, unaltered.


We will contact You with Our decision and where applicable, specify the date(s) by which any action(s) agreed need to be completed by You and/or any decision by Us will take effect.


Our requirements and decisions will take effect from the date(s) specified unless and until We agree otherwise in writing. If You disagree with Our requirements and/or decisions, We will consider Your comments and where


We consider appropriate, will continue to negotiate with You to resolve the matter to Your and Our satisfaction.


In the event that the matter cannot be resolved:


(i) You have the right to cancel this policy from a date agreed by You and Us and, providing no claims have been made, We will refund a proportionate part of the premium paid for the unexpired period of cover.


(ii) We may, at Our option, exercise Our right under Policy Condition Cancellation.


Except where stated all other policy and Section terms and conditions will continue to apply.


The above conditions do not affect Our right to void the policy if We discover information material to Our acceptance of the risk. Please refer to the IMPORTANT note within The Contract of Insurance page of Your policy booklet.


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