Examples of Period of Insurance in a sentence
Period of Insurance The period of time covered by this policy as shown in the policy schedule.
We shall indemnify You to the extent of the Intrinsic Value of any Plate Glass described in the Schedule accidentally Damaged (“Damage” as hereinafter defined) or any loss due to any fortuitous event not hereinafter excluded in respect of each item the Sum Insured thereon expressed in the Schedule or in the whole in any one Period of Insurance the Total Sum Insured hereby or such sum or sums as may be substituted thereof by endorsement hereon or attached hereto signed by or on behalf of the Company.
The Company will refund the pro-rated premium to the Policyholder for the unexpired Period of Insurance, provided no claims have been made under the Policy and subject to a minimum premium of RM75.
The Benefits under this Policy shall terminate at such time the Benefits covered shall have been exhausted or at mid-night (Malaysia time) on the last day of the Period of Insurance unless the Insured Person is confined to a Hospital at such time.
The Sum Insured shall be reinstated only upon You paying Us the prorata premium for the unexpired Period of Insurance from the date of such loss to the expiry date of the Policy for the amount of such loss.