What Is an Insurance Policy Period?
Terakhir Diubah : 16:15:25 - Kamis, 09 Februari 2023
An insurance policy period is the time frame during which an insurance policy is effective. Based on chapter IV, article 7 in INDONESIAN MOTOR VEHICLE INSURANCE STANDARD POLICY, it is a condition precedent to liability under this policy, that any premium payable shall have been paid off and actually received in full by the Insurer, in the event of:
insurance period of 30 (thirty) days or more, then settlement of premium payment shall be conducted within a period of 14 (fourteen) calendar days as of the date of inception of this Policy;
such insurance period is less than 30 (thirty) days, settlement of premium payment shall be conducted at the time of issuance of Policy.
In case the Insured fails to fulfill the liabilities as referred to in paragraph above, this Policy shall be automatically terminated without issuing cancellation endorsement starting from the expiry of the grace period and the Insurer shall be discharged from any liability there from.
For more info about Sahabat Insurance call 021-50508080.
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Sahabat Insurance Bandung - Branch Office Relocation
Dear Valued Customers and Partners,
Thank you for the support and cooperation you have given us over the years.
We are pleased to inform you that with effect from January 2023, Sahabat Insurance Bandung will be relocating to the following address:
Jl. Lengkong Besar No. 52C, Cikawao, Bandung, Jawa Barat.
Tlp: 022-30500191
Email: [email protected]
Should you have any questions on the relocation, please feel free to contact us.
Look forward to seeing and serving you at our new facility.
For more info about Sahabat Insurance please call 021-50508080 or email :[email protected]