Date of Inception of the Policy definition

Date of Inception of the Policy means the date on which this Policy is issued after We have accepted the risk under the Application. The Date of Inception of the Policy is shown in the Schedule
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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.

Related to Date of Inception of the Policy

  • Company Certificate of Incorporation means the Amended and Restated Certificate of Incorporation of the Company.

  • Register of Directors and Officers means the Register of Directors and Officers referred to in these Bye-laws;

  • Certificate of Incorporation means the Certificate of Incorporation of the Company, as amended from time to time.

  • Source of income means an employer or successor employer, a labor organization, or another individual or entity that owes or will owe income to the payer.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Bylaws means the bylaws of the Corporation, as they may be amended from time to time.

  • Board of Directors means the board of directors of the Company.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • Articles of Incorporation means the Articles of Incorporation, Declaration of Trust, or other similar organizational document as the case may be, of a Fund as the same may be amended from time to time.

  • Termination of Directorship means that the Non-Employee Director has ceased to be a director of the Company; except that if a Non-Employee Director becomes an Eligible Employee or a Consultant upon the termination of his or her directorship, his or her ceasing to be a director of the Company shall not be treated as a Termination of Directorship unless and until the Participant has a Termination of Employment or Termination of Consultancy, as the case may be.

  • School board means the governing board of directors of the local school district.

  • Instrument of Incorporation means the instrument of incorporation of the ICAV;

  • the Board means the board of directors of the Company;

  • Community Charter means the Community Charter, S.B.C. 2003, c. 26, as may be amended or replaced from time to time;