Policy Term definition

Policy Term means the term of this Policy as specified in the Schedule;

Policy Term means the period between the Policy Commencement Date and the Maturity Date, as specified in the Schedule.

Policy Term means the term of the Policy as stated in the Policy Schedule;

Examples of Policy Term in a sentence

• Policy Term means the period between the Commencement Date and the Maturity Date.

• It will remain in effect for the duration of the Policy Term shown above if the premium is paid according to the agreed terms.

• Currently, the application for the revival should be made within five years from the due date of the first unpaid Premium and before the expiry of the Policy Term.

• This Policy terminates at 12:00 A.M., on the day following the last day of the Policy Term unless the Policyholder and the Company agree to continue coverage under this Policy for an additional Policy Term.

• If the Premium Payment Term is less than the Policy Term, it shall mean Limited Premium payment Policy.

More Definitions of Policy Term

Policy Term means the period specified in the Schedule which is the number of years from the Policy Commencement Date to the Maturity Date.

Policy Term means the entire term of the policy as specified in the Schedule

Policy Term means the period between the Policy Commencement Date and the Maturity Date.

Policy Term. Means the period mentioned in the Schedule, it is the period during which the Life Insured is covered, subject to the Policy being in force at the time of the death of Life Insured.

Policy Term means the term of this Policy as specified in the Schedule during which the Policy coverage continues;

Policy Term means a period for which this Master Policy shall continue unless terminated by the Master Policyholder.

Policy Term means the term of this Policy as specified in the Schedule which is 100 (One Hundred) years less entry Age of the Life Insured, at the Effective Date;