Common use of Settlement for Redemption Clause in Contracts

Settlement for Redemption. Upon the receipt and acceptance of Your redemption request with all the required documents, the redemption proceeds will be paid to You within 7 business days unless dealings have been suspended as specified in the section “Suspension of dealings” below. Note: Applications submitted or Premiums received after 3 p.m. (Singapore time) will be transacted based on the unit price as at the next Valuation day.

Appears in 2 contracts

Samples: Insurance Policy Agreement, Insurance Policy Agreement

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Settlement for Redemption. Upon the receipt and acceptance of Your redemption request with all the required documents, the redemption proceeds will be paid to You within 7 4 business days unless dealings have been suspended as specified in the section “Suspension of dealings” below. Note: Applications submitted or Premiums received after 3 p.m. (Singapore time) will be transacted based on the unit price as at the next Valuation day.

Appears in 2 contracts

Samples: Insurance Policy Agreement, Insurance Policy Agreement

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Settlement for Redemption. Upon the receipt and acceptance of Your redemption request with all the required documents, the redemption proceeds will be paid to You within 7 business days unless dealings have been suspended as specified in the section “Suspension of dealings” below. Note: Applications submitted or Premiums received after 3 12 p.m. (Singapore time) will be transacted based on the unit price as at the next Valuation day.

Appears in 1 contract

Samples: Insurance Policy Agreement

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