Examples of Deferred Period in a sentence
Deferred Period – The period of time that you must wait before any monthly benefit becomes payable.
No Portfolio Unsecured Loan that is a Retail Credit Loan has or will have a Deferred Period which exceeds twelve months.
The Sick Pay to which a Member may be entitled during the period of 30 days next after any such increase in his Unitholding, together with (if applicable) any Deferred Period in addition thereto, shall be calculated according to the Tables applicable to the lower of such Unitholding.
For example, if a member suffers an illness with 3 months remaining on their contract, and remains unable to work due to illness or injuryto the end of the Deferred Period, their claim will be considered in the normal manner.
Deferred Period (please tick the relevant box if you would like payments to be deferred for a specifed period)None 1 year 2 years 3 years 4 years 5 years Deferred periods are only available with Aviva and Just.