Monthly Policy definition

Monthly Policy means a Policy of one month in duration that automatically renews month-to- month, unless cancelled in accordance with clause 10 of this Policy, and which is paid for on a monthly, recurring basis.

Examples of Monthly Policy in a sentence

  • Your Policy will automatically renew each month beginning from the date You purchase Your first Monthly Policy as reflected on the original sales receipt for Your Policy.

  • Whether You have purchased a Fixed-Term Policy or a Monthly Policy, Your Policy Type and Coverage Period will be set out on Your sales receipt and POC certificate.

  • If You otherwise cancel Your Monthly Policy more than fourteen (14) days after the date of initial purchase or renewal of Your Policy cancellation will be deferred until midnight on the last day of the month for which Your last monthly Premium was paid.

  • Your action in turning off the renewal Premium billing will be deemed an expression of Your intent to cancel your Monthly Policy at the end of the last month for which Your last monthly Premium was paid.

  • To cancel Your Monthly Policy, You must call Apple as instructed in clause 10.1 above if You purchased from Apple, or if You purchased Your Monthly Policy from an Apple Authorised Reseller, you must contact such Reseller to cancel Your Monthly Policy.

  • If You cancel this Monthly Policy within fourteen-(14) days of the date of initial purchase or each renewal of Your Policy, You will receive a full refund of the whole monthly Premium You paid.

  • Your Monthly Policy will remain active until midnight on the last day of that month at which point it will be cancelled and no cancellation refund will be provided to You.

  • If You have purchased a Monthly Policy, You agree to have the credit card, debit card or other authorised payment source e.g. Apple Pay (the “Payment Source”) used for Your initial Policy purchase kept on file.

  • To prevent Your Monthly Policy from automatically renewing, you may turn off the renewal Premium billing directly through Your billing platform or on Your Covered Device (if available).

  • You can opt out of the STO at any time during the Policy Term by giving us a request which shall be effective from following Monthly Policy Anniversary.

Related to Monthly Policy

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.