Premium Paying Term means the period as stated in the Policy Schedule, in years, over which Premiums are payable;

Premium Paying Term means the period specified in the Schedule during which the Regular Premium is payable.

Premium Paying Term means the period specified in the Schedule during which the Instalment Premiums are payable.

Examples of Premium Paying Term in a sentence

In order to secure the full benefits available under this Policy, Instalment Premiums must be paid in full and on time for the Premium Paying Term.
If the Premium Paying Term is equal to or more than 10, Surrender Value shall get acquired on payment of Premiums for 3 years.
Instalment Premiums shall be payable in full on the Premium Due Dates until the expiry of the Premium Paying Term.
If the Premium under the Rider is discontinued during the Premium Paying Term, the Rider will lapse without any value.
In order to secure the full benefits available under this Policy, Installment Premiums must be paid in full and on time for the Premium Paying Term.

More Definitions of Premium Paying Term

Premium Paying Term means the period, in years, during which premium is payable.

Premium Paying Term means the period, as specified in Schedule during which the Premium is payable by the Policyholder to the Company.

Premium Paying Term means the period in years as specified in the Schedule during which the Instalment Premiums are payable.

Premium Paying Term means the period, in years, during which premiums are payable.

Premium Paying Term means the period specified in the Schedule during which the Single/Limited Premium/Regular Premium is payable.

Premium Paying Term means the period specified in the Schedule during which

Premium Paying Term means the period as specified in the Schedule, during which the Premiums are payable by the Policyholder to the Company on the due dates and in the manner as specified in the Schedule.