Premium Paying Term definition

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 termination is alleged to be for Good Reason, such notice shall also specify the reason for such termination, as set forth in Section 7(B), with the particulars thereof specified in detail, and shall be given, except in the case of a continuing breach, within three calendar months after the most recent event giving rise to Good Reason.
If the Premium under the Rider is discontinued during the Premium Paying Term, the Rider will lapse without any value.
Instalment Premiums shall be payable in full on the Premium Due Dates until the expiry of the Premium Paying Term.
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.

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.