33. Is the insured entitled to take advantage of the benefit remaining from the previous year, even up to upper limit of insurance coverage during the insurance year that follows?

It is not possible to take advantage of the maximum limit of the policy from previous years and consider or describe it as a balance or surplus. Each year involves an insurance year only and cannot be  reappropriated to another year.

Last Update : 7/23/2018 3:00 PM