Common use of Duration of the premium payment Clause in Contracts

Duration of the premium payment. a. If the duration of the premium payment is equal to the duration of the insurance, if a constant capital is insured. b. In case of a declining linear capital or an annuity declining capital the duration of the premium payment will amount to: - 2/3 of the duration of the insurance in case of a duration of less than 13 years - 5 years less than the duration of the insurance In case of a duration of more than 13 years.

Appears in 3 contracts

Samples: Taf Special Life Insurance, Life Insurance Policy, Life Insurance Policy

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Duration of the premium payment. a. If a constant capital has been insured, then the duration of the premium payment is equal to the duration of the insurance, if a constant capital is insured. b. In case of a declining linear capital or an annuity declining capital the duration of the premium payment will amount to: - 2/3 of the duration of the insurance in case of a duration of less than 13 years - 5 years less than the duration of the insurance In case of a duration of more than 13 years.

Appears in 3 contracts

Samples: Life Insurance Policy, Taf Special Life Insurance Policy, Insurance Policy

Duration of the premium payment. a. If the duration of the premium payment is equal to the duration of the insurance, if a constant capital is insured. b. In case of a declining linear capital or an annuity declining capital the duration of the premium payment will amount to: - 2/3 of the duration of the insurance in case of a duration of less than 13 15 years - 5 years less than the duration of the insurance In in case of a duration of more than 13 15 years.

Appears in 3 contracts

Samples: Insurance Policy, Insurance Policy, Life Insurance Policy

Duration of the premium payment. a. If the The duration of the premium payment is equal to the duration of the insurance, insurance if a constant capital is insuredhas been ensured. b. In case of a declining linear capital or an annuity declining capital the duration of the premium payment will amount to: - 2/3 of 2 years shorter than the duration of the insurance in case of a duration of less longer or equal to than 13 6 years - 5 years less but shorter than the duration of the insurance In case of a duration of more than 13 9 years.

Appears in 3 contracts

Samples: Taf Personal Life Insurance, Life Insurance Policy, Insurance Policy

Duration of the premium payment. a. If a constant capital has been ensured, the duration of the premium payment is equal to the duration of the insurance, if a constant capital is insured. b. In case of a declining linear capital or an annuity declining capital the duration of the premium payment will amount to: - 2/3 of the duration of the insurance in case of a duration of less than 13 years - 5 years less than the duration of the insurance In case of a duration of more than 13 years.

Appears in 2 contracts

Samples: Life Insurance Policy, Insurance Policy

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Duration of the premium payment. a. If the duration of the premium payment is equal to the duration of the insurance, if a constant capital is insured. b. In case of a declining linear capital or an annuity declining capital the duration of the premium payment will amount to: - 2/3 of the duration of the insurance in case of a duration of less than 13 years - 5 years less than the duration of the insurance In in case of a duration of more than 13 years.

Appears in 2 contracts

Samples: Taf Special Life Insurance Policy, Insurance Policy

Duration of the premium payment. a. If the duration of the premium payment is equal to the duration of the insurance, if a constant capital is insured. b. In case of a declining linear capital or an annuity declining capital capital, the duration of the premium payment will amount to: - 2/3 of the duration of the insurance in case of a duration of less than 13 years - 5 years less than the duration of the insurance In in case of a duration of more than 13 years.

Appears in 1 contract

Samples: Life Insurance Policy

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