Insurance Age definition

Insurance Age means, at any date, the age of the Life Insured or Policyholder where applicable at his or your next birthday.
Insurance Age means the entry age of the Life Insured at his/her last birthday. “Insurance Age” is the age used for the calculation of premiums, payment of insurance benefits, and is applied for all other relevant terms and conditions of this Policy. All the words “age” in this Policy will mean “Insurance Age”.
Insurance Age for each coverage means your age at your birthday nearest the coverageeffective date as shown on the Policy Summary.

Examples of Insurance Age in a sentence

  • Premiums are based on the plan design selected and the Insurance Age of each enrolled person.

  • This proposal is not a policy contract and is valid for 1 month from the print date, provided that the Insurance Age of Life Insured remains unchanged on the policy issue date.

  • We strongly urge You to consult with Your own tax advisor about the income tax consequences on or after the Insured's Attained Insurance Age 100 Anniversary.

  • Policy Date means the date from which this Policy is effective and from which premium due dates and Insurance Age are determined.

  • The death benefit upon death of the Insured prior to or on the Insured's Attained Insurance Age 120 Anniversary will be the greater of: 1.


More Definitions of Insurance Age

Insurance Age means, at any date, the age of the Life Insured or the Policyholder (where applicable) on the last birthday prior to (or on the birthday the same day as) the Policy Date or the relevant Policy Anniversary.
Insurance Age means, as at any date, the age of the Life Insured or Policyholder (as applicable) specified as Insurance Age at Effective Date in Policy Schedule 1 plus the number of completed Policy Years;
Insurance Age means, at any date, the age of the Life Insured or Policyholder (as applicable) on the most recent birthday prior to the Policy Date plus the number of completed Policy Years. If the Life Insured’s or Policyholder’s (as applicable) birthday is on the Policy Date, it will be calculated based on the age on such Policy Date.
Insurance Age means that age of an Insured Member on his last birthday.
Insurance Age means the age of the insured according to the Insurance Policy.
Insurance Age means age nearest birthday on the effective date of the universal life insurance policy (i.e. your age on the birthday which is within six months of the effective date.)
Insurance Age is the age of a person as determined by the issuing company to accomplish the purposes of the Plan.