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

  • If you enroll for coverage on or before the group policy effective date, Insurance Age is your age on the group policy effective date.

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

  • If you enroll for coverage after the group policy effective date, Insurance Age is your age on the date you sign this enrollment form.

  • Insurance Age means, at any date, the age of the Life Insured or Policyholder (if applicable) on the most recent birthday prior to the Policy Date plus the number of completed Policy Years.

  • This Accidental Death Benefit is payable in addition to any Death Benefit due under the Policy.This Accidental Death Benefit will be automatically terminated (1) when this Policy terminates, expires, lapses, becomes void, is cancelled or is surrendered or; (2) on the Policy Anniversary at which the Life Insured's Insurance Age is 80 or; (3) on the Benefit Cessation Date of this Supplementary Benefit or; (4) upon payout of this Supplementary Benefit, whichever is the earliest.


More Definitions of Insurance Age

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, 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 for each coverage means your age at your birthday nearest the coverage
Insurance Age is the age of a person as determined by the issuing company to accomplish the purposes of the Plan.