Examples of Annual Renewal Date in a sentence
Annual Renewal Date means the annual anniversary of the Policy Commencement Date and as specified in the Schedule.
The Cover under the Master Policy shall be effective for a period of one year from the Policy Commencement Date or the Annual Renewal Date, as applicable.
The Policyholder shall renew the Policy at each Annual Renewal Date, as per the term & conditions stipulated by the Company then.
For any new Insured Member covered by this Group Policy, a proportionate Premium shall be charged from the day he becomes an Insured Member, up to the next Annual Renewal Date or the next Premium Due Date whichever occurs first.
Any applicable levies, taxes, duties or surcharges will also be charged.(3) For Scheme Members leaving the Scheme during the Policy Year, a proportionate refund of the Premium after deducting any applicable levies & taxes would be made.(4) The amount of Sum Assured in respect of each Scheme Member may be revised on the Next Annual Renewal Date.