Annualized Premium definition

Annualized Premium means the due premium contribution as calculated and applicable for a Policy Year. Annualized Premium excludes extra premium, if any
Annualized Premium means the premium amount payable in a year chosen by the policyholder excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
Annualized Premium means the total amount of Regular Premiums payable in a Policy Year chosen by the Life Assured, excluding the taxes, rider premiums, underwriting extra premiums if any.

Examples of Annualized Premium in a sentence

  • Annualized Premium shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

  • Partial withdrawal at any time shall not result in the Fund Value after the partial withdrawal falling below one hundred twenty percent of the Annualized Premium payable under this policy.

  • Annualized Premium means the Premium payable in a Policy Year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra Premium and loadings for modal Premium, if any.

  • Such change should not lead to any change in Your Annualized Premium.

  • The Policy Administration Charge will be deducted by cancellation of Units from the Policy Fund Value at the prevailing Unit Price on the corresponding Policy Date in each Policy Month as a percentage of Annualized Premium.


More Definitions of Annualized Premium

Annualized Premium means the premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.
Annualized Premium means the premium amount payable in a year excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums.
Annualized Premium means the premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premium on riders, if any, as specified in the Schedule.
Annualized Premium means the total amount of Premiums (excluding taxes, rider premiums and extra premiums on riders, if any) payable by You in a Policy Year.
Annualized Premium means the premium amount payable in a year chosen by the Policyholder, excluding the taxes, rider premiums and underwriting extra premiums, if any as specified in the Schedule
Annualized Premium as shown in the Policy Schedule is the amount of premium payable in a year chosen by the Policyholder, excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
Annualized Premium means the amount specified in the Schedule which is the total Installment Premium payable for a Policy Year.