Deferred Period definition

Deferred Period means the period of three years commencing on the Grant Date;
Deferred Period means the waiting period between the first day not at Own occupation and the start of Benefit entitlement hereon.
Deferred Period means the first consecutive 24 hours after the Period of Membership begins.

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.


More Definitions of Deferred Period

Deferred Period means the period during which the life assured must be ill or disabled before we pay any benefit
Deferred Period means the period of Incapacity which must elapse before Benefit may become payable. If the Member is on statutory leave or granted leave of absence, the Deferred Period will start from the date of Incapacity and Benefit payments will start from either the end of the Deferred Period or the agreed return to work date whichever is the later. Generali will link periods of absence where the Member has been working at reduced capacity (in either their same or an alternative role), caused by the same or related illness or injury within any 12 month period.
Deferred Period. : means the period, starting on the Claim Event date, for which a Claim condition must endure continuously in order for a Benefit to become payable. The Deferred Period will be 31 (thirty-one) consecutive Days for the Temporary Disability and Retrenchment/Loss of Income Benefits. The Insurer may waive this period if they are satisfied with the evidence that confirms the Claim condition prior to the expiry of the Deferred Period. The Insurer reserves the right to extend the Deferred Period if further claim investigation is necessary in order to form a more accurate and fair assessment. Premiums are payable during the Deferred Period.
Deferred Period means the guaranteed period for which a retiree receives a lump sum payment in lieu of his Fixed Monthly Pensions and after which period future monthly pensions shall be payable to the retiree for life.
Deferred Period means, with respect to each Deferred Business, the period from the Closing Effective Time until the applicable Deferred Closing or Deferred Retained Closing.
Deferred Period means the period from the Closing Date until the later Deferred Closing Date; provided, that with respect to any Dubai Entity transferring prior to the end of the Deferred Period and any portion of the Dubai Business solely relating to such Dubai Entity, the Deferred Period will end upon the consummation of the Deferred Closing relating to such Dubai Entity.
Deferred Period means, with respect to the Deferred Business in each Deferred Closing Country, the period from the Closing until the applicable Deferred Closing.” “‘Deferred Taxes’ means, together, Deferred Business Taxes and Deferred Inventory Taxes.”