PERIOD OF COVER AND RENEWAL. This Policy shall become effective as of the date stated in the Schedule. The Policy Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Policy is renewable at the premium rates in effect at that time as notified by the Company. This Policy is renewable at the option of the Company. Application for change of benefits to a higher plan can only be made on renewal and is subject to acceptance by the Company upon renewal.
PERIOD OF COVER AND RENEWAL. This Policy shall become effective as of the date stated in the Schedule. The Policy Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Policy is renewable at the premium rates in effect at that time as notified by the Company. A notice of 30 days will be given should any premium rate be increased. This Policy is renewable at the option of Policyholder subject to the terms, conditions and termination at each of the anniversary of the Policy date. The renewal premiums payable will increase with age and is not guaranteed and the Company reserves the right to revise the premium rate applicable at the time of renewal. Such changes, if any shall be applicable to all Policyholders irrespective of their claim experience according to the Company’s risk assessment. This Policy is renewable at the option of Policyholder until the occurrence of any of the following:
PERIOD OF COVER AND RENEWAL. This Policy will be renewable at the option of Policyholder subject to the terms, conditions and termination at each of the anniversary of the Policy date. The renewal premiums payable is not guaranteed and We reserve the right to revise the premium rate applicable at the time of renewal. Such changes, if any, shall be applicable to all Policyholders irrespective of their claim experience according to Our risk assessment. This Policy is renewable at the option of Policyholder until the occurrence of any of the following:
PERIOD OF COVER AND RENEWAL. The policy shall be automatically renewed at the premium rates in effect as stated in the Schedule of Benefits or otherwise notified by the Company. The renewal premium payable is not guaranteed and the Company reserves the right to revise the premium rate applicable at the time of renewal by giving thirty (30) days prior notice in writing. Such revision will be applicable from the next renewal of this policy. In the event of termination/cancellation of this policy, the liability of the Company under this policy shall cease on the day of such termination/cancellation.
PERIOD OF COVER AND RENEWAL. This Policy shall become effective as of the date stated in the Schedule. The Policy Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Policy is renewable at the premium rates in effect at that time as notified by the Company. A notice of 30 days will be given should any premium rate be increased. This Policy is renewable at the option of policyholder subject to the terms, conditions and termination at each of the anniversary of the Policy date. The renewal premiums payable will increase with age and is not guaranteed and the Company reserves the right to revise the premium rate applicable at the time of renewal. Such changes, if any shall be applicable to all Policyholders irrespective of their claim experience according to the Company’s risk assessment. This policy is renewable at the option of policyholder until the occurrence of any of the following: a) non payment of premium or premium not made on time b) fraud or misrepresentation of material fact during application c) the policy is cancelled at the request of the policyholder d) total claims of the Policy have reached the lifetime limit specified and/or the death of the Insured Person e) the Insured Person ceases to qualify as a dependant based on the definition of the policy f) the Insured Person attains the coverage age limit specified g) Termination of coverage for all policies in a certain market and the Company withdraws this policy completely from the market in accordance with the Portfolio Withdrawal Condition. 4.
PERIOD OF COVER AND RENEWAL. This Contract shall become effective as of the date stated in the Contract Schedule. The Contract Anniversary shall be one year after the effective date and annually thereafter. On each such anniversary, this Contract is renewable at the Contribution rates in effect at that time as notified by the Takaful Operator. This Contract will be renewable at the option of participant subject to the terms, conditions and termination at each of the anniversary of the Contract date. The Takaful Operator reserves the right to revise the premium rate applicable at the time of renewal. Any revision in contribution rates by the Takaful Operator will be notified to the Contract Holder at least ninety (90) days before the Contract Anniversary. Such changes, if any, shall be applicable to all Contract Holders irrespective of their claim experience according to the Takaful Operator’s risk assessment. This Contract is renewable at the option of the Contract Holder until the occurrence of any of the following:
