Risk Class definition

Risk Class means one of the following seven categories:

Risk Class means the Risk Class for this policy, as shown on the Policy Data page. It also includes the Occupation Class and gender as shown on the Policy Data page. Serious Health Condition (See definition under Family Care Benefit.)

Risk Class means the Risk Class for this policy, as shown on the Policy Data page. It also includes the Occupation Class and gender as shown on the Policy Data page. This is when your policy is scheduled to end. After this date, it will no longer be in effect unless it is renewed under the Renewal Benefit option. Sickness means an illness or disease which causes you to be Disabled while this policy is in force. Substantial And Material Duties means the usual and customary duties that are generally performed and essential to your Regular Occupation.

Examples of Risk Class in a sentence

• We can change the premium amount only: (1) After the rider has been in force for three years; and (2) If the change applies to all policies with like benefits insuring the same Risk Class.

• It will be based on the rate in effect for all policies with like benefits insuring the same age and Risk Class as of the Termination Date.

• Insured Policy Effective Date Owner at Issue Termination Date POLICY DATA [XXXX XXX] [July 1, 2020] [The Insured] [July 1, 2052] [00C9999990] Policy Number [35] Issue Age [Non-Smoker] Risk Class [4A] Occupation Class This refers to the number of days that you must be disabled before you are eligible to receive a disability benefit.

• We can change the premium rates at any time, but only if we change it for everyone who: • has this policy form; and • has like benefits; and • is your age; and • is in your Risk Class.

• The premium for the purchase will be based on our rates in effect for your age and Risk Class on the date the increase takes effect.

More Definitions of Risk Class

Risk Class means one of the following seven risk classes for the sensitivities-based method: (i) general interest rate risk (“GIRR”), (ii) credit spread risk for non- securitisation (“CSR non-SEC”), (iii) credit spread risk for securitisations19 (non-correlation trading portfolio) (“CSR SEC (non-CTP)”), (iv) credit spread risk for 19 The term “securitisation” has the same meaning of “securitization exposure” as defined in section 2(1) of the Rules. securitisations (correlation trading portfolio) (“CSR SEC (CTP)”), (v) equity risk, (vi) commodity risk and(vii) foreign exchange risk.

Risk Class means one of the following seven categories: (i) general interest rate risk; (ii) non-securitisation credit spread risk; (iii) securitisation credit spread risk (non-CTP); (iv) securitisation credit spread risk (CTP); (v) equity risk; (vi) commodity risk; and (vii) foreign exchange risk.

Risk Class means a grouping of policies presenting similar risk characteristics based upon the expected cost or benefit of the coverage or services provided. These characteristics include underwriting era, tax status, elimination period, benefit period, inflation benefit, and product type. 96 Risk Classes have been established for the Companies’ policies.

Risk Class means a grouping of policies that present similar risk characteristics affecting the expected cost of benefits or services provided. These risk characteristics include underwriting era, tax status, elimination period, benefit period, inflation benefit, and product type. 96 Risk Classes have been established for the Companies’ policies.

Risk Class means the Risk Class for this policy, as shown on the Policy Data page. It also includes the Occupation Class and gender as shown on the Policy Data page. This is when your policy is scheduled to end. After this date, it will no longer be in effect, unless it is renewed under the renewal option. Sickness means an illness or disease which first manifests itself after the Policy Effective Date and while this policy is in force. Sickness includes Complications Of Pregnancy as diagnosed by a Physician. Substantial And Material Acts means acts that are normally required for the performance of your Regular Occupation and cannot be reasonably omitted or modified.

Risk Class is used in determining the Insured’s Cost of Insurance Rates and depends on the Insured’s gender, health, and tobacco use. It is shown in the Policy Specifications.

Risk Class is shown in the Policy Specifications and is used in determining the Insured’s Cost of Insurance Rates.