Examples of Date of Reinstatement in a sentence
On this date, all outstanding Policy Charges shall be deducted from the above payment for the period between the Lapse Date and the Effective Date of Reinstatement.
The Effective Date of Reinstatement is the date on which the above requirements are met and approved by The Company.
In this case, we will refund the total premium paid since the Effective Date or the most recent Effective Date of Reinstatement but will not pay any Death Benefit.
We will not contest this Policy after it has been in force during your lifetime for two years from the Effective Date or the Effective Date of Reinstatement, except for fraud, ineligibility due to misstatement of age, or if you do not pay premiums.
Accordingly, in single-criteria models, one parameter or metric is selected as the basis of the assessment, such as cash savings.
Effective Date of Reinstatement Reinstatement will take effect: only if the application for reinstatement is approved by the Company; and only when the premium for reinstatement has been paid, provided that at the time of payment there has been no change in insurability as represented in the application for reinstatement.
If the Life Assured under the Policy, whether medically sane or insane, commits suicide, within one year of the Policy Date or the Effective Date of Reinstatement, where the Policy has been discontinued in accordance with Clause 5.1, the Policy shall be void and the Company will be liable to pay the higher of the policy premium or Fund Value as on the Valuation Date following the intimation of death.
The reinstatement shall be subject to the following conditions: ◼ Satisfactory evidence of insurability of the Life Assured; and ◼ Payment in full of an amount equal to all the Policy Premiums due but unpaid till the Effective Date of Reinstatement The Effective Date of Reinstatement is the date on which the above requirements are met and approved by the Company.
If the Life Assured under the Policy, whether medically sane or insane, commits suicide, within one year of the Policy Date or the Effective Date of Reinstatement of the Policy, whichever is later, the Company will not pay any claim and the Policy shall be void.
Insurer will not provide coverage for any Claim resulting from Psychiatric Services provided by the Named Insured listed below between the Date of Suspension and the Date of Reinstatement regardless of when a Claim may be reported.