Policy Expiry Date definition
Examples of Policy Expiry Date in a sentence
The date that the entire Policy expires which is this Policy Expiry Date stated in the Certificate of Insurance.
Where the Death Benefit is reduced as a result of an earlier claim from a TPD Benefit or DIRECT – AXA Termcare as defined in DIRECT - AXA Termcare Supplementary Provisions (if applicable) that is incorporated into this Policy, the Premium and Sum Assured on the Basic Policy will be reduced accordingly and the adjusted Premiums continue to be payable up to this Policy Expiry Date unless otherwise specified.
Policy Expiry Date The date that the entire Policy expires which is this Policy Expiry Date stated in the Certificate of Insurance.
The Specific Injuries Benefit will end on the first of: ■ the completion of the payment period; ■ the Policy Expiry Date; or ■ your death.
Where the Death Benefit is reduced as a result of an earlier claim from a TPD Benefit or DIRECT – HSBC Life - Termcare as defined in DIRECT - HSBC Life - Termcare Supplementary Provisions (if applicable) that is incorporated into this Policy, the Premium and Sum Assured on the Basic Policy will be reduced accordingly and the adjusted Premiums continue to be payable up to this Policy Expiry Date unless otherwise specified.
The Family Support Benefit will end on the first of: ■ when you are no longer Totally Disabled; ■ the benefit has been paid for three months; ■ the Policy Expiry Date; ■ the end of the Benefit Period; or ■ your death.
The Home Care Benefit will end on the first of: ■ when you are no longer Totally Disabled; ■ when you no longer satisfy the conditions which resulted in the Home Care Benefit becoming payable; ■ the benefit has been paid for six months; ■ the Policy Expiry Date; ■ the end of the Benefit Period; or ■ your death.
The Benefit Period for an Insured does not extend beyond their Policy Expiry Date.
Automatic extension of the Period of insurance is granted upto a period of 7 days, from the Policy Expiry Date, if the extension is necessary following delay of a Common Carrier, due to a Covered Occurrence and when no alternative travel arrangement is available.
The Rehabilitation Expenses Benefit will end on the first of: ■ when payments equal six times the total of the Monthly Benefit and any Super Continuance Monthly Benefit; ■ the end of the Benefit Period; ■ you are no longer Totally Disabled; ■ the Policy Expiry Date; or ■ your death.