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.
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

  • This Policy does not cover Insured Persons over the age of 60 years, unless such a person has been continuously insured under this Policy prior to the age of 60, in which case continuous insurance up to the end of the Policy Year in which such Insured Person turns 100 years old is allowed under this Policy.

  • Our total liability of each Pet for each Policy Year is shown in the Maximum Allowable Limits.


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 every annual period within the Policy Period starting with the commencement date.
Policy Year means a period of 12 consecutive months commencing from the Date of Commencement of the Policy and every period of 12 consecutive months thereafter.
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;