Policy Month definition

Policy Month means a month measured from the same date in a month as the Policy Effective Date.

Policy Month means a period of thirty (30) consecutive calendar days starting with the Date of Commencement of the policy as stated in the policy schedule and each subsequent period for one consecutive calendar month thereafter.

Policy Month means a month commencing on the first day of a calendar month and expiring on the last day of that calendar month or commencing on the fifteenth day of a month and expiring on the fourteenth day of the following month, depending upon the billing cycle applied by the Company.

Examples of Policy Month in a sentence

• Each succeeding Policy Month runs for a similar period thereafter.

• In such event, the Company shall return all unearned premiums beyond the Policy Month in which the death occurred to your estate or other appropriate party.

• Policy Year and Policy Month are measured from the Policy Date and are period of twelve calendar months and one calendar month respectively.

• Subject to the No-Lapse Guarantee feature of the policy, the policy and any supplementary benefit riders will go into default if, at the beginning of any Policy Month, the Net Cash Surrender Value is less than or equal to zero after we take the Monthly Deductions that are due for that month.

• Policy Year and Policy Month are measured from the Policy Date and are periods of twelve calendar months and one calendar month respectively.

More Definitions of Policy Month

Policy Month means the one month period between the Date of Commencement and every subsequent month thereafter until the Date of Maturity.

Policy Month. A one-month period commencing on the Policy Date or any Monthly Anniversary Day and ending on the next Monthly Anniversary Day.

Policy Month. A one-month period commencing on the Issue Date or any Monthly Anniversary Day and ending on the next Monthly Anniversary Day.

Policy Month means a period of one month each reckoned from the date corresponding numerically with the Date of Commencement of the policy.

Policy Month. A one month period beginning on the same day of the month as the issue date of the policy.

Policy Month. A one-month period commencing on the policy date or any Monthly Anniversary Day and ending on the next Monthly Anniversary Day.

Policy Month means a period of thirty (30) consecutive calendar days starting with the Date of Commencement of the Policy as stated in the Policy Schedule and each subsequent period of thirty (30) consecutive calendar days thereafter;