Top Up Premium definition

Top Up Premium means an additional amount(s) of premium paid, if any, over and above the basic premium stipulated in the terms and conditions, at irregular intervals during the period of contract.
Top Up Premium means the amount of additional premium paid over and above the Single Premium payable under this Policy.
Top Up Premium means payments (apart from Premium) received from You in the form of a single payment.

Examples of Top Up Premium in a sentence

  • The refund paid to the Policyholder will also be reduced or increased (as applicable) by the amount of any reduction or increase in the Regular Premium Fund Value and Top Up Premium Fund Value, if any, due to a fall or rise in the Unit Price between the date of allocation and redemption of Units (without reference to any Premium Allocation Rate or Charges).

  • Units are allocated under the Policy depending on the amount of Regular Premium and Top Up Premium received, the Premium Allocation Rate and the Unit Price of each Unit on the date of allocation.

  • Units are allocated under the Policy depending on the amount of Regular Premium or Top Up Premium received, the Premium Allocation Rate and the Unit Price of each Unit on the date of allocation.

  • Special NAV for Units purchased out of Respective Top Up Premium - 80% of the Highest NAV declared on any Reset Day from the Date of respective Top Up Premium till the date of computation of special fund value.

  • However this condition will not apply if the Top Up Premium is paid during the last three years of the Policy Benefit Period.


More Definitions of Top Up Premium

Top Up Premium means an additional amount (s) of premium paid, if any, over and above the contractual basic premiums stipulated in the terms and conditions, at irregular intervals during the Policy Term as specified in Part D of this policy, if any.
Top Up Premium means an amount of premium that is paid by the policyholders at irregular intervals besides basic regular premium payments or single premium stated in the contract and is treated as single premium for all purposes.
Top Up Premium means the amount of additional premium paid over and above the Regular Premium payable under the Policy.
Top Up Premium means any additional premium (other than Pre- mium under the Policy) received under the Policy, in accordance with Section 10) below.
Top Up Premium means any additional premium (other than Regular Premium and Extra Premium) paid under the Policy in accordance with Section 11f) below.
Top Up Premium means any additional premium (other than Single Premium) paid under the Policy in accordance with Part D Clause 2 below.
Top Up Premium means any additional premium (other than the Regular Premium or Single Premium) paid under the Policy in accordance with Section 11f) below