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 any of the following categories:
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 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 is shown in the Policy Specifications and is used in determining the Insured’s Cost of Insurance Rates.
Risk Class is shown in the Policy Specifications and is used in determining the Insured’s Cost of Insurance Rates. Separate Account – is the Pacific Select Exec Separate Account, which is a Separate Account of ours that consists of subaccounts, also called Variable Accounts. Each Variable Account may invest its assets in a separate class of shares of a designated investment company or companies. Valuation Date – is each day required by applicable law and currently includes each day the New York Stock Exchange is open for trading and our Home Office is open. If any transaction or event is scheduled to occur on a day that is not a Valuation Date, such transaction or event will be deemed to occur on the next following Valuation Date unless otherwise specified. Valuation Period – is the period of time between successive Valuation Dates. Variable Account – is a Separate Account of ours or a subaccount of a Separate Account of ours in which assets are segregated from assets in our general account or our other Separate Accounts. Premiums and Accumulated Value under this policy may be allocated to a Variable Account for variable accumulation. Written Request – is a request in writing, signed by you, and received by us at our Home Office, containing such information that we need to act on the request. You, your or Owner – refers to the Owner of this policy.