Base Policy definition

Base Policy shall refer to the Policy to which the Rider is attached “Company” shall mean Exide Life Insurance Company Limited;

Base Policy means the policy to which this Rider is attached and forms part of;

Base Policy means the policy contract to which this rider is attached.

Examples of Base Policy in a sentence

• The grace period allowed for payment of premium under this Rider shall be the same as the grace period mentioned under the Base Policy.

• Such change in the premium mode will only be allowed subject to a similar change for the Base Policy to which this rider is attached.

• Subject to the provisions and fulfillment of the conditions of this Rider and payment of Premiums, the Company agrees to pay to the Eligible Person under the Base Policy the Benefits under this Rider on the Diagnosis of the Critical Illness in the manner as defined and set out in Appendix A by a Specialist subject to furnishing proof of Diagnosis of the Critical Illness to the satisfaction of the Company.

• On first ever diagnosis of any one of the eligible Critical Illness as mentioned in Appendix A, subject to the other terms of this Rider, the Company shall pay the Rider Sum Assured as mentioned in the Base Policy Schedule or the Rider Endorsement Letter to the Rider to the Eligible Person.

• This life insurance contract, evidenced by the Rider, is entered into by the Company with the Policy Holder to the Base Policy to which this Rider is getting attached (the “Base Policy Schedule”).

• The age of the Life Assured has been admitted on the basis of the declaration by the Life Assured / Proposer in the Proposal form of the Base Policy.

• The nomination of the Rider Policy is allowed only along with the Base Policy.

• If the Rider is attached to a participating traditional product then the surplus arising from Rider would be considered for declaring bonus from the fund to which the Base Policy belongs.

More Definitions of Base Policy

Base Policy shall refer to the Policy to which the Rider is attached

Base Policy means the underlying base insurance contract entered between the Policyholder and the Company, to which this Rider Policy is attached.

Base Policy means the underlying life insurance policy which when linked to the Vitality Active Program is called the Vitality Integrated Policy.

Base Policy means this policy providing total coverage and excluding extensions, if any. Primary Policy means base policy with desired extensions or any or all other medical indemnity schemes purchased or obtained by the Insured/Insured Person as per the details declared at the time of proposing for this insurance and as set out in the Schedule to this Policy and does not include any Benefit Health Policy/Scheme