Policy Anniversary definition

Policy Anniversary means the annual anniversary of the Date of Commencement of Risk;
Policy Anniversary means the date corresponding numerically with the Policy Commencement Date in each subsequent year during the Policy Term.
Policy Anniversary means the start date of every subsequent Policy Year

Examples of Policy Anniversary in a sentence

  • Changes in Premiums We have the right to increase Your premium rates as of any Policy Anniversary Date on or after the 3rd Policy Anniversary.

  • Any increase on or after that date will only be made on a class basis, and will take effect on a Policy Anniversary Date.

  • Increases in Benefits On each Policy Anniversary Date, You have the right to elect any or all of the following increases in Your Benefits: • Increase the Policy Lifetime Maximum Benefit; or • Increase the Nursing Facility Maximum Daily Benefit.

  • The effective date of the purchased increase is the Policy Anniversary day falling in the next Policy Month starting after Disability Benefits {and Recovery Benefits} ended and premiums are no longer waived.

  • Premium rate increases are subject to Insurance Department approval, will be made only on a Class basis and will take effect on a Policy Anniversary Date.


More Definitions of Policy Anniversary

Policy Anniversary means one year from the date of commencement of the Policy and the same date falling each year thereafter, till the date of maturity.
Policy Anniversary means the same date as the Policy Commencement Date in each Policy Year during the Policy Term.
Policy Anniversary means the annual anniversary of the Effective Date;
Policy Anniversary means the date corresponding numerically with the Date of Commencement of the Policy after every Policy Year.
Policy Anniversary means the date and month of the commencement of the policy falling subsequently every year.
Policy Anniversary means an anniversary of the due date of the first premium shown on the Policy Schedule.
Policy Anniversary means the annual anniversary of the Policy Commencement Date.