Policy Administration Charge definition

Policy Administration Charge means a charge levied by Us for administration of the Policy during the Policy Term, starting from the Date of Commencement of Risk on each Monthly Anniversary by cancelling an appropriate number of Units in the Unit Account at the prevailing NAV and is specified in Part E;
Policy Administration Charge means a flat charge levied at the beginning of each Policy month from the Policy fund by canceling units for equivalent amount.
Policy Administration Charge. ’ means a charge, if any, levied by Us for administration of the Policy during the Policy Term, as specified in Part E.

More Definitions of Policy Administration Charge

Policy Administration Charge means a flat charge levied at the beginning of each Policy month from the Fund by cancelling Units for the charge amount as given below
Policy Administration Charge means a flat charge levied at the beginning of each Policy month from the Fund Value by cancelling Units of equivalent amount.
Policy Administration Charge means such a charge payable in accordance with the terms of the Holiday Property Bond issued by the Life Company.
Policy Administration Charge means a charge levied at the beginning of each Policy month from the Policy fund by cancelling units for an equivalent amount.