Examples of Monthly Anniversary Date in a sentence
If the Monthly Anniversary Date is not a business day as defined by us, the Policy Expense Charge will be due on the next business day following the Monthly Anniversary Date.
If the Monthly Anniversary Date is not a business day as defined by us, the Insurance Charge will be due on the next business day following the Monthly Anniversary Date.
Charges are calculated based on Sum at Risk (Sum Insured minus total claims paid under the Early Stage Critical Illness Benefit (if applicable) and Account Value) on the effective date of this Supplementary Benefit and thereafter on each Monthly Anniversary Date.
Charges are calculated based on Sum at Risk (Sum Insured minus total claims paid under the Early Stage Critical Illness Benefit (if applicable) and Account Value), adjusted by the ratio of (a) USD 1,000,000 (or policy currency equivalent) to (b) the greater of USD 1,000,000 (or policy currency equivalent); or the Sum Insured, on the effective date of this Supplementary Benefit and thereafter on each Monthly Anniversary Date.
An Insurance Charge will be applied on the Sum at Risk on the Policy Effective Date and thereafter on each Monthly Anniversary Date to provide the Death Benefit.