Policy Period definition
Examples of Policy Period in a sentence
The Underwriters will indemnify the Insured in relation to any complaint or investigation against the Insured by a professional or statutory body which has jurisdiction to investigate and adjudicate in such a situation, provided that any such investigation or complaint has been notified to the Underwriters during the Policy Period, for: a all orders or determination of compensation against the Insured; and b any Defence Costs.
If the Insured Person is terminated, dismissed, temporarily suspended or retrenched from employment by his/her employer due to an injury sustained during an Accident during the Policy Period in accordance with the employer’s rules/regulations or in accordance with applicable Indian law or the directives of any Public Authority, We will pay the Insured Person the number of months as mentioned in the Policy Schedule / Certificate of Insurance.
The Insured must notify the Underwriters in writing as soon as practicable of any material alteration to the risk covered by this Policy that occurs during the Policy Period.
Subject to a maximum of Sum Insured as stated under the Policy Schedule / Certificate of Insurance provided that: - The period of termination, dismissal, temporarily suspension or retrenchment from employment by the Insured Person’s employer during the Policy Period is not less than 30 consecutive days.
We will pay the Sum Insured if the Insured Person dies solely and directly due to an Injury sustained in an Accident which occurs during the Policy Period.