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.