Cumulative Bonus. Cumulative Bonus shall mean any increase in the Sum Insured granted by the insurer without an associated increase in premium.
Appears in 14 contracts
Samples: www.bajajallianz.com, irdai.gov.in, www.newindia.co.in
Cumulative Bonus. Cumulative Bonus shall mean (No Claim Bonus) means any increase or addition in the Sum Insured granted by the insurer without an associated increase in premium.
Appears in 1 contract
Samples: www.irdai.gov.in
Cumulative Bonus. Cumulative Bonus shall mean any increase or addition in the Sum Insured sum assured granted by the insurer without an associated increase in premium.
Appears in 1 contract
Samples: www.newindia.co.in