Cancellation Clause (14 Days)

CANCELLATION CLAUSE (14 DAYS) #

It is hereby and declared  that  the  cancellation condition herein is amended as follows:

This Policy may be terminated at any times by either the Insured or the corporation tendering notice in writing to the other  party.  Such  notice may be delivered personally or forwarded by registered Office of the party upon whom notice is  being served and shall be effective at  the end of (14) consecutive days from the date of  receipt of the notice.

In the event of the  Insured  tendering  notice of cancellation the Corporation will retain the customary short period premium for the time the Policy has been in force and in the event of the Corporation tendering notice of cancellation the Corporation will retain the prorata premium for the time the Policy has been in force.