Liberty accident insurance ( Castellano )
17. Payment of the premium ( Contents )
3. Consequences of non-payment of the premium
If, by fault of the policyholder, the first or sole premium is not paid at its expiry date, the insurer shall be entitled to terminate the contract or to demand the enforced payment of the outstanding premium based on the policy. At all times, unless there is a contrary agreement in the schedule, if the premium has not been paid before a claim occurs, the insurer shall be released from its obligations.
In case of failure to pay any of the following premiums, the insurer's cover shall be suspended one month after the expiry date. If the insurer does not demand payment within six months of the date the premium was due, the contract shall be understood to have been terminated.
At all times, when the contract is suspended, the insurer may only demand payment of the premium underway at the time.
If the contract has not been resolved or terminated in accordance with the previous paragraphs, the coverage will take effect again 24 after the policyholder pays the premium.