Policy Year definition

Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

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Policy Year means a period of 12 (Twelve) months commencing from the Date of Commencement of Risk and every Policy Anniversary thereafter;

Policy Year means the year commencing on the Policy Commencement Date or a Policy Anniversary thereof.

Examples of Policy Year in a sentence

• One additional cleaning during the Policy Year will be allowed for Members that are under the care of a medical professional during pregnancy.

• Premiums will not change more than once in any six-month period following the initial Policy Year.

• Each MEMBER'S contribution amount shall be calculated in accordance with rate determination methods approved by the BOARD for any Policy Year, unless additional coverage is requested by the MEMBER.

• In case of any admissible claim in a Policy year: - If the claim amount is equivalent or higher than the balance of the instalment premiums payable in that Policy Year, would be recoverable from the admissible claim amount payable in respect of the Insured Person.

• No MEMBER may be furtherassessed during a Policy Year unless in response to a material change in property or activities not disclosed or addressed at the time of annual renewal.

More Definitions of Policy Year

Policy Year means a period of 12 consecutive months starting from the date of commencement of the Policy as stated in the Policy Schedule and ending on the day immediately preceding the following anniversary date and each subsequent period of 12 consecutive months thereafter

Policy Year means a period of 12 consecutive calendar months from the Policy Commencement Date and every subsequent Policy Anniversary, thereafter.

Policy Year means the period of time these Terms and Benefits are in force.

Policy Year means the period of one year following the effective date and hour of this Policy or the period of one year following any anniversary date thereof falling within the Policy Period; or if the time between the effective date or any anniversary date and the termination of this Policy is less than one year, such lesser period.

Policy Year means a period of 12 (Twelve) months commencing from the Effective Date and every Policy Anniversary thereafter;

Policy Year means a period of one (1) year commencing from the Policy Commencement Date or a Policy Anniversary thereof.

Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days