* In the event of a claim the full annual premium will become due and payable to underwriters (The Hollard Insurance Company Limited)
a. Hull All Risk coverage must be inforce in respect of the aircraft for which a claim is made.
b. Coverage is subject to compliance at all times with all relevant Air Navigation and Airworthiness Orders and Requirements issued by any competent authority affecting the safe operation of the aircraft.
c.In the event of a claim the full annual premium, less any premiums already paid, will become due and payable to underwriters.
d. In the event of a claim the coverage afforded by this policy is subject to reinstatement and prior agreement by underwriters.
e. The policy provides coverage for fixed wing aircraft piloted by the Insured.
f. Should an event occur which is likely to give rise to a claim the Insured is to notify Insurers or their representatives as soon as possible.
g. Coverage shall be limited to the amount which is stated in the Schedule. h. The insurance may be cancelled by either the Insured or the Insurer. The Insurer is to provide the Insured with 30 days' notice of cancellation in writing and the Insured may provide the Insurer with 7 days' notice of cancellation in writing. If cancelled by the Insurer they will return a pro-rata portion of the premium in respect of the unexpired period of the policy. If cancelled by the Insured a return premium shall be at the discretion of the Insurer.