Date of Commencement of the Policy definition

Date of Commencement of the Policy means the date when the first Contribution/Premium is received by the Insurer from the Policyholder and as specified in the Policy Schedule.
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Date of Commencement of the Policy means the date on which the Policy comes into effect and is as specified in the Policy Schedule.
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Date of Commencement of the Policy means the XXst day of XXXX 20XX.
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Examples of Date of Commencement of the Policy in a sentence

  • F.6 Exclusions for Critical Illness (CI) Benefit There is a waiting period of 90 days from the Date of Commencement of the Policy and the date of reinstatement of the Policy to claim the benefit.

  • The annual Premiums are payable in advance on the anniversary of the Date of Commencement of the Policy.

  • At inception, the Policyholder must provide up to date Group Member Data mentioned in Annexure MD to the Insurer on or before the Date of Commencement of the Policy.

  • A charge of 0.1% of the Annualised Premium will be levied on each Monthly Anniversary by cancellation of Units (including the Date of Commencement of the Policy) from the Fund Value, subject to a minimum charge of Rs.50 per month and a maximum charge of Rs.500 per month.

  • In respect of Initial Members: The remainder of the term for repayment of the loan as on the Date of Commencement of the Policy holder as mentioned in the certificate of insurance issued to the memberb.

  • You may apply for an increase in Annuity Amount any time after six months after the Date of Commencement of the Policy (base plan) by paying an additional Purchase Price/Premium as a Single Pay, provided the Policy is in-force and no due premiums are outstanding.

  • Monthly Due Date means the date corresponding numerically with the Date of Commencement of the Policy in each month subsequent to the month of commencement of the Policy.

  • If the Life Assured’s death arises directly or indirectly through or in consequence of suicide within 12 months from the Date of Commencement of the Policy, the Nominee or beneficiary shall be entitled to higher of 80% of the Premium paid or surrender value.

  • This was done through requesting the two identified participants to refer the researcher to their peers who meet the inclusion criteria.

  • In the event if the Life Insured commits suicide within 12 months from the Date of Commencement of the Policy or from the Date of Revival of the policy, as applicable, the Nominee/ Beneficiary shall be entitled to the Fund Value, as available on the date of intimation of death.


More Definitions of Date of Commencement of the Policy

Date of Commencement of the Policy means the xxxxxxxxxxxxxxxxxxxxxxx
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Related to Date of Commencement of the Policy

  • Date of Commencement of Risk means the date specified in the Schedule (unless the Policyholder is informed otherwise by the Company) from which the risk cover of the Life Assured commences under the Policy.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.