<p>It is hereby declared and agreed that total amount due to this policy is payable within thirty (30) days after the effectivity of this contract. &nbsp;In the event of any loss/damage on the properties insured against the peril state herein within such period, this policy is valid and in full force in effect, thereof, the Company is liable for losses/damages to be incurred in the Policy. &nbsp;Except as vaied by this conditions, all other term and agreement remain the same.&nbsp;</p>
