Life Insurance Cover means the difference between the Death Benefit and the value of the Units under the Policy.

Life Insurance Cover means the greater of

Life Insurance Cover means the difference between the Sum Assured and the Fund value at any point of time.

Examples of Life Insurance Cover in a sentence

The Life Insurance Cover on the life of Member shall commence on the Entry Date of such Member subject to him being eligible for the Life Insurance Cover as per the Scheme Rules and subject to the individual underwriting as per the Board approved underwriting norms.
Magnum Holders who do not fall within the age group of 18 years to 54 years would not be eligible for the Life Insurance Cover.
Every Member shall become entitled to the benefits under this Policy as from the Date of commencement of risk and for so long as he continues to be eligible for the Life Insurance Cover as per the Scheme Rules and the terms of the Policy.
The Life Insurance Cover on the life of Member shall commence on the Date of commencement of risk of such Member subject to him being eligible and continuing to be eligible for the Life Insurance Cover as per the Scheme Rules and subject to the individual underwriting as deemed necessary by the Company.
You have a period of 30 days for annual mode of premium payment and 15 days for monthly mode of premium payment from the due date to pay your premiums, during which your Life Insurance Cover will continue.

More Definitions of Life Insurance Cover

Life Insurance Cover means the Assurance cover provided against the risk of death to each Member under this Policy and shall be deemed to commence on the Entry Date of the respective Member.

Life Insurance Cover means the Sum Assured

Life Insurance Cover means the Sum Assured, if opted for.

Life Insurance Cover means the assurance cover provided against the risk of death to each Member and the Additional Rider Benefit as per Section 4.1(e) below, if opted so, under this Policy.

Life Insurance Cover means the Sum Assured minus the Fund Value, subject to a minimum of zero.

Life Insurance Cover means the Sum Assured at any point of time.

Life Insurance Cover means the assurance cover provided against the risk of death to each Member only on or after attaining age 7 and the Additional Rider Benefit as per Section 4.1(e) below, if opted so, under this Policy.