In order to extend the current insurance policy, you must contact your insurance company and sign a new contract or an additional agreement to extend the terms of the current contract.
Instruction manual
1
Learn the insurance rules that you received when concluding the insurance contract. In some cases, for example, at the conclusion of the General Cargo Insurance Contract, the documents contain a clause that states that the contract is automatically extended for the next period if the parties have not expressed their desire to terminate it within the established deadlines. In this case, you can not draw up an official extension of the contract, but work according to the previous scheme.
2
Contact your insurance company to renew your current annual insurance contract. Usually, representatives of insurance companies independently inform policyholders that the insurance period is coming to an end, and it is time to conclude a new contract. This rule applies to annual voluntary medical insurance contracts, CASCO and OSAGO policies, accident insurance, property insurance (both for legal entities and individuals). In this case, you will be asked to fill out an application and draw up a new contract for the whole year. If you want to revise the terms of insurance, for example, choose another medical institution to be covered by voluntary medical insurance, inform the insurer’s representative about this and he will offer you more suitable options.
3
Consider how long you need to extend the insurance contract if you have concluded it to perform any specific work, but this procedure has been delayed. For example, you have entered into an insurance policy for goods moving from Europe to Moscow, the contract is valid for 2 weeks. The cargo is stuck at customs and cannot be delivered at the destination on time. In this case, write a letter on the organization’s letterhead with a request to extend (extend) the current insurance policy. Based on this letter, the insurance company will draw up an additional agreement to the contract, which must be signed by both parties. According to the same principle, the extension of insurance contracts for construction and installation risks is carried out if the work cannot be completed on time. Keep in mind that an insurance company may bill you for an additional premium.
