Annual Multi Trip Policy definition

Annual Multi Trip Policy means a Policy issued for the selected Travel Insurance Plan where You can make an unlimited number of Trips to the selected Area of Travel as indicated in Your Policy Schedule during the Period of Insurance but each Trip not exceeding ninety (90) consecutive days.
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Annual Multi Trip Policy means a Policy under which there can be more than one Period of Insurance during the Policy Period, subject to the maximum trip duration (per trip) specified on the Policy Certificate/ Certificate of Insurance or as opted;
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Annual Multi Trip Policy means policy allowing Insured to undertake one or more Trip(s) during the Policy Period from his/her Country of Residence to overseas destinations and back, subject to aggregate trip duration as specified in the Policy Schedule.
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Examples of Annual Multi Trip Policy in a sentence

  • Free look provision is not applicable and available at the time of renewal and/or at the time of subsequent trips for Annual Multi Trip Policy.

  • After the date this policy was purchased including prior to booking any individual journey in respect of an Annual Multi Trip Policy: A change of health or where the cost of any claim is increased due to a change of health, if the procedure detailed under the ‘HEALTH DECLARATION’ section has not been followed.

  • The Company provides an option to the Insured Person to opt for Single Trip Policy or / and Annual Multi Trip Policy and same have been specified in Policy Certificate / Certificate of Insurance.

  • Insured(s) may also cancel the policy after the commencement of the Risk Period (in case of annual risk policies only) subject to no claim under the policy, in which case the premium will be returned on pro-rata basis.All the rights under this Policy shall immediately stand extinguished on the free look cancellation of the Policy.Free look provision is not applicable and available at the time of renewal and/or at the time of subsequent trips for Annual Multi Trip Policy.

  • However in Policies where the following Coverages are opted no Premium will be refunded:3.10 Add-on -Fare Lock, 3.11 Add-on -Fare Dip, 3.17 Add -on -Visa Rejection.Annual Multi Trip:Any Policy / Certificate of Insurance issued under Annual Multi Trip Policy are non-cancellable and non-refundable if any Claim has been lodged under such Policy/ Certificate of Insurance.a. In the event of Cancellation of Policy /Certificate of Insurance prior to commencement of Policy/ Cover, the Company will deduct INR.

  • After the date this policy was purchased including prior to booking any individual journey in respect of an Annual Multi Trip Policy: A change of health or where the cost of any claim is increased due to a change of health, if the procedure detailed under the ‘Pre-Existing Medical Conditions’ section on has not been followed.

  • Annual Multi Trip:Any Policy / Certificate of Insurance issued under Annual Multi Trip Policy are non-cancellable and non-refundable if anyClaim has been lodged under such Policy / Certificate of Insurance.a. In the event of Cancellation of Policy /Certificate of Insurance prior to commencement of Policy / Cover, the Company will deduct INR.

  • In the event the Annual Multi Trip policy is cancelled for non-cooperation of the insured or If you cancel the Annual Multi Trip Policy, the premium shall be computed in accordance with Our short rate table for the period the Policy has been in force, provided no claim has occurred and/or no trip has happened up to the date of cancellation.

  • Renewal of Policy will be applicable only for Annual Multi Trip Policy and not for Single Trip Policy.

  • Short rate table (in case of Annual Multi Trip Policy as given above) - CancellationANNUALLYUp to 14 DaysRs.99/-Up to 1 month25% of Annual PremiumUp to 3 months37.5% of Annual PremiumUp to 4 months50% of Annual PremiumUp to 6 months62.5% of Annual PremiumUp to 8 months87.5% of Annual PremiumAbove 8 months100% of Annual PremiumThese are retention scales.


More Definitions of Annual Multi Trip Policy

Annual Multi Trip Policy means a policy issued to the Insured who is an Annual Traveler covered or travelling to various destinations.
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Annual Multi Trip Policy means a Policy under which there can be more than one Period of Insurance during the Policy Period, subject to the maximum trip duration, per trip, as specified on the Policy Schedule.
Sample 1
Annual Multi Trip Policy means a Policy issued for the selected Travel Insurance Plan where You can make an unlimited number of Trips to the selected Area of Travel during the Period of Insurance however each Trip shall not exceed ninety (90) consecutive days.
Sample 1

Related to Annual Multi Trip Policy

  • Limited Indexation Month means any month specified in the relevant Final Terms for which a Limited Indexation Factor is to be calculated;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Commercial sexual activity means any sex act or sexually explicit performance for which anything of value is given, promised to, or received by any person and includes, but is not limited to, prostitution, participation in the production of pornography, and performance in strip clubs.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Distribution Compliance Period with respect to any Notes, means the period of 40 consecutive days beginning on and including the later of (i) the day on which such Notes are first offered to Persons other than distributors (as defined in Regulation S under the Securities Act) in reliance on Regulation S and (ii) the issue date with respect to such Notes.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Change in Control Protection Period means the period commencing on the date a Change in Control occurs and ending on the first anniversary of such date.

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Special Enrollment Period means a period of time allowed under this Plan, other than the eligible person’s Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights.

  • Number of Students Who Began the Program means the number of students who began a program who were scheduled to complete the program within 100% of the published program length within the reporting calendar year and excludes all students who cancelled during the cancellation period.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Participating Retail Health Clinic means a Retail Health Clinic which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • PAGA Pay Period means any Pay Period during which an Aggrieved Employee worked for Defendant for at least one day during the PAGA Period.

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Budget month means the calendar month from which nonfinancial and financial information is used to determine eligibility (see section (28) of this rule) and benefit level for the payment month (see section (50) of this rule).

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;