Common use of Cumulative Bonus Clause in Contracts

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

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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

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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

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