Examples of Initial Sum in a sentence
Post the completion of moratorium period, the Sum Assured will decrease during the outstanding term of thepolicy.Treatment of Sum Assured Sum Assured will increase during the moratorium period and the Sum Assured will be equal to Initial Sum Assured plus accrued interest during this period.
The following options will be available under the Master Policy during the moratorium period:- Option 1Insured Member choses to pay the interest during this periodOption 2Insured Member does not chose to pay the interest during this periodTreatment of Sum Assured Sum Assured will remain constant and will be equal to Initial Sum Assured throughout this period.
Please consult with our representative for Initial Sum Covered and Takaful Certificate Term Note:Reducing Sum CoveredThe Reducing Sum Covered amount is reduced in accordance with the pre-determined Sum Covered schedule calculated based on the Initial Sum Covered, the Takaful Profit Rate and Takaful Certificate Term.
Once the company is registered it can apply to open a bank account and will utilise the balance of the Community Management and Green Infrastructure Initial Sum, as designated in the S106, as its opening deposit.
D] Policy Currency: Benefit Description[E] [Initial] Sum Assured / Protection Amount[F] [Initial] [M/Q/SA/A] PremiumPremium Payment TermBenefit TermBasic PlanSupplementary Benefitseg.