AIA Vitality Insurance Premium Discount Percentage means the percentage applied at the inception of the Policy or at each Policy Anniversary beginning from the first (1st) Policy Anniversary (as the case may be).
Examples of AIA Vitality Insurance Premium Discount Percentage in a sentence
Minimum AIA Vitality Insurance Premium Discount Percentage = 0% Maximum AIA Vitality Insurance Premium Discount Percentage = 15% The Current Year Insurance Premium Adjustment Percentage applied will be based on the Insured’s AIA Vitality Status as at the day of relevant Policy Anniversary.
Notwithstanding the above, the AIA Vitality Insurance Premium Discount Percentage applied at any Policy Anniversary shall not be more than the Maximum AIA Vitality Insurance Premium Discount Percentage and shall not be less than the Minimum AIA Vitality Insurance Premium Discount Percentage as set out below.