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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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 aid means any substance not consumed as a food ingredient by itself, intentionally used in the processing of raw materials, foods or their ingredients, to fulfil a certain technological purpose during treatment or processing and which may result in the unintentional but technically unavoidable presence of residues of the substance or its derivatives in the final product, provided that these residues do not present any health risk and do not have any technological effect on the finished product;

  • 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.

  • 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.

  • 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.

  • Deactivation Date means the date a generating unit within the PJM Region is either retired or mothballed and ceases to operate.

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Cannabis processing facility means a person that: