In Force definition

In Force means that the insurance provided by this policy is in effect and has not terminated. This policy will be in force from its Issue Date or, if later, the date the first premium is paid.
In Force means that the Annuitant is living and the Surrender Value of this contract has not become payable.
In Force means, with respect to a Policy, issued and not cancelled or otherwise terminated. Whether a Policy is In Force is determined based on the records of the company that issued the Policy.

Examples of In Force in a sentence

  • Each Policy Owner or payor will receive a premium reminder notice or list bill on either an annual, semi-annual, or quarterly basis (or monthly (list bill only)), at the option of the Policy Owner or payor; however, the Policy Owner or payor is not required to pay planned periodic premiums.Payment of the planned periodic premium will not guarantee that a Policy will remain In Force.

  • A permanent status employee who, as a result of contracting out, loses his/her job will be deemed to have been reduced in force under the Reduction In Force Article.

  • The Policy will remain In Force through the grace period, but if no payment is forthcoming, it will terminate at the end of the grace period.

  • The owner may repay all or a part of the loan at any time while the Policy is In Force.

  • The Policy provides lifetime insurance protection on the life of the insured named in the Policy, with a death benefit payable when the insured dies while the Policy is In Force.


More Definitions of In Force

In Force means the status of the Policy being active, all due Premiums have been paid and the Policy is not terminated.
In Force means (with respect to a Policy) issued and not cancelled, expired or otherwise terminated.
In Force policy means a policy where all due premiums are paid on the due date.
In Force means that the insurance cover has not stopped.
In Force. The status of a Certificate before the Income Date so long as it has not been totally surrendered and there has not been a death of a Certificate Owner or Joint Certificate Owner that will cause the Certificate to end within five years of the date of death.
In Force means, with respect to a Policy, as of any date of determination, such Policy has been issued, and not cancelled, lapsed or expired, as of such date of determination.
In Force means, with respect to a Policy, that such Policy is in force or deemed to be in force for purposes of this Plan, in each case as determined by the rules set forth in Article VI.