Policy processing day definition

Policy processing day means the day on which charges authorized in the policy are deducted from the policy’s cash value.
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Policy processing day. The day in each calendar month which is the same day of the month as the Policy Date. The first Policy Processing Day is the Policy Date. POLICY YEAR. A year that starts on the Policy Date or on a Policy Anniversary. WE, OUR, US AND COMPANY. Provident Mutual Life Insurance Company, a Pennsylvania Corporation. YOU AND YOUR. The Owner of this Policy.
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Policy processing day means the day on which charges authorized in the policy are deducted from the policy's cash values.
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Examples of Policy processing day in a sentence

  • The notice will be sent to Your last post office address known to Us and will tell You the amount of the minimum required premium to avoid termination of Your Policy, payment instructions and the grace period end date and will be sent no earlier than, and within 30 days after, the Policy processing day on which the insufficiency occurred.


More Definitions of Policy processing day

Policy processing day. The day in each calendar month which is the same day of the month as the Policy Date. The first Policy Processing Day is the Policy Date. POLICY YEAR. A year that starts on the Policy Date or on a Policy Anniversary. WE, OUR, US AND COMPANY. Providentmutual Life and Annuity Company of America, A Stock Life Insurance Company and a Delaware Corporation.
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Policy processing day means the day on which charges authorized in the policy are de- ducted from the policy's cash value.
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Related to Policy processing day

  • Processing Date means the day on which the first step of physical Processing is scheduled to occur, as identified in an Acknowledgement.

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

  • Activation Date means the date upon which MLBFS shall cause the WCMA Line of Credit to be fully activated under MLPF&S' computer system as part of the WCMA Program.

  • Origination Date means the date upon which the borrower and

  • Data Processing Lease means any lease or licensing agreement, binding on the Failed Bank as of Bank Closing, the subject of which is data processing equipment or computer hardware or software used in connection with data processing activities. A lease or licensing agreement for computer software used in connection with data processing activities shall constitute a Data Processing Lease regardless of whether such lease or licensing agreement also covers data processing equipment.

  • Connection Date means the date when the Carrier having received the relevant information from the Company is in a position to and has agreed to commence provision of the Fixed Network Services to the Customer;

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Switched Access Service means an offering of facilities for the purpose of the origination or termination of traffic from or to Exchange Service customer in a given area pursuant to a Switched Access tariff. Switched Access Services include: Feature Group A, Feature Group B, Feature Group D, 800 Series, and 900 access. Switched Access does not include traffic exchanged between LECs for purpose of local exchange interconnection.

  • Unallocated annuity contract means any annuity contract or group annuity certificate which is not issued to and owned by an individual, except to the extent of any annuity benefits guaranteed to an individual by an insurer under such contract or certificate.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Service Activation Date means the same as Activation Date.

  • Collection Date means the date on which the aggregate outstanding principal amount of the Advances have been repaid in full and all Interest and fees and all other Obligations (other than contingent indemnification and reimbursement obligations which are unknown, unmatured and/or for which no claim giving rise thereto has been asserted) have been paid in full, and the Borrower shall have no further right to request any additional Advances.

  • School business day means any calendar day except Saturdays, Sundays, and any federal and school holidays upon which the office of the Superintendent is open to the public for business. A school business day concludes or terminates upon the closure of the Superintendent’s office for the calendar day.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.