Beginning and duration of membership and insurance coverage

Beginning and duration of membership and insurance coverage

Membership and insurance coverage begin on the day after you send off your application, provided the fee is paid immediately. Membership and insurance coverage expire retroactively if the direct debit authorization is not honoured by your bank or revoked by the issuer or if the fee invoice is not paid immediately upon receipt.

Membership and insurance coverage remain in force from the day the policy is issued for a period of one year and are extended automatically from year to year unless membership is terminated in writing at least three months in advance of the annual policy expiration date. Insurance coverage ends on the same date on which membership is terminated or expires. Membership fees, including insurance premiums, are paid to a separate billing centre.