Loyalty Additions definition

Loyalty Additions means the addition of Units to the Fund Value in accordance with the terms and conditions specified in Part C.
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Loyalty Additions means the addition of Units to the Fund Value in accordance with the terms and conditions s p ec ifi ed i n Part C.
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Loyalty Additions means the benefit which accrues at the end of each policy year starting from the policy year following the Premium Payment Term (PPT) until maturity, provided all due premiums have been paid.
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Examples of Loyalty Additions in a sentence

  • In case of Family First Policy, Sum Insured means the total of the Base Sum Insured for each Insured Person, the Loyalty Additions as per Section 4.1 for each Insured Person and the Floater Sum Insured specified in the Schedule of Insurance Certificate which is Our maximum, total and cumulative liability for any and all claims during the Policy Year in respect of each Insured Person.

  • The total of the Base Sum Insured for all Insured Persons, the Loyalty Additions as per Section 4.1 for all Insured Persons and the Floater Sum Insured specified in the Schedule of Insurance Certificate is Our maximum, total and cumulative liability for all claims during a Policy Year in respect of all Insured Persons.

  • In case of Family Floater Policy, Sum Insured means the total of the Base Sum Insured and Loyalty Additions as per Section 4.1 which is Our maximum, total and cumulative liability for any and all claims during the Policy Year in respect of all Insured Persons.

  • In case of Individual Policy, Sum Insured means the total of the Base Sum Insured and Loyalty Additions as per Section 4.1 which is Our maximum, total and cumulative liability for any and all claims during the Policy Year in respect of the Insured Person.

  • For Single Pay Policies, Loyalty Additions will accrue from the end of 2nd Policy Year.

  • Loyalty Additions will continue to accrue at an unchanged Loyalty Additions Rate.

  • The Guaranteed Surrender Value (GSV) shall be: (GSV Factor 1 multiplied by Total Premiums Paid plus GSV Factor 2 multiplied by Accrued Loyalty Additions (if any)).

  • On Survival of the Life Insured till the end of the Policy Term provided the Policy is in-force and all due Instalment Premiums under the Policy have been paid, the Accrued Loyalty Additions plus Guaranteed Maturity Benefit shall be payable to You at the Maturity Date.

  • Loyalty Additions will continue to accrue at an unchanged Loyalty Additions Rate till Policy maturity.

  • Loyalty Additions as specified in the Policy Schedule shall accrue under the Policy at the end of each policy year after the Premium Payment Term (PPT) until Maturity Date, provided all due Premiums have been received in full.

Related to Loyalty Additions

  • Contract for Differences (“CFD”) shall mean a contract, which is a contract for differences by reference to variations in the price of an Underlying Asset. A CFD is a Financial Instrument.

  • Reasonable Additional Expenses means expenses for meals, taxi fares, essential telephone calls, local transportation, and lodging which are necessarily incurred as the result of Trip Delay and which are not provided by the Common Carrier or any other party free of charge.

  • Annual Additions means, with respect to each Participant, the sum of those amounts allocated to the Participant's Account under this Plan and accounts under any other qualified defined contribution plan to which the Employer or a Related Employer contributes for any Limitation Year, consisting of the following:

  • FOR Destination costs means the cost of equipment and material at the consignee’s stores. The cost is exclusive of Excise duty, Sales Tax and other Local Taxes, but is inclusive of packing, forwarding and insurance and freight charges.

  • Training Costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.