Examples of Date of Inception of the Policy in a sentence
From the Date of Inception of the Policy, the nominee or beneficiary of the Policyholder will be entitled to at least 80% of the premiums paid, provided the Policy is in force or2.
It may be renewed on each anniversary of the Date of Inception of the Policy by payment of the premium determined by the Company at the time of renewal.
In case of death due to suicide within 12 months:1) From the Date of Inception of the Policy, the nominee or beneficiary of the Policyholder will be entitled to at least 80% of the premiums paid, provided the Policy is in force or2) From the date of latest revival of the Policy the nominee or beneficiary of the Policyholder shall be entitled to an amount which is higher of 80% of the premiums paid till the date of death or the surrender value as available on the date of death.
Month Anniversary is the monthly anniversary of the Date of Inception of the Policy.
The Terminal Bonus declared will be a percentage of the Simple Reversionary Bonus declared by Us and payable to You or Your Nominee / Appointee on maturity of the Policy as the case maybe.2.5. Suicide Exclusion If the Insured’s death is due to suicide (whether sane or insane at the time of suicide) within one year from the Date of Inception of the Policy, Our liability to make payment under the Policy will be limited only to refunding 80% of the total Regular Premium received under the Policy.
However, 80% of the Premiums paid excluding the service tax shall be payable by the Company in case of suicide within one year of Date of Inception of the Policy or date of Reinstatement.
From the Date of Inception of the Policy, the Nominee of the Policyholder shall be entitled to 80% of the Premiums paid, provided the Policy is in-force.
If the Life Assured’s death is due to suicide (whether sane or insane at the time of suicide) within one year from the Date of Inception of the Policy, Our liability to make payment under the Policy will be limited only to refunding 80% of the total Premium received under the Policy provided the Policy is in Inforce status.
Vetoed This bill would have permitted the Division to appoint qualified clinical neuropsychologists as Qualified Medical Evaluators (QMEs).
F.12 Suicide:If the Life Assured commits suicide for any reason, while sane or insane, within one year from the Date of Inception of the Policy or within one year from the date of Reinstatement, as the case may be, the Policy shall terminate with immediate effect and the Company will not be liable to pay the Benefits under the Policy.