When Will Your Policy End Clause Samples
The "When Will Your Policy End" clause defines the specific circumstances or dates on which an insurance policy will terminate. Typically, this clause outlines the policy's expiration date, conditions under which the policyholder or insurer can cancel the policy early, and any events that may automatically trigger the end of coverage, such as non-payment of premiums or fulfillment of the policy's purpose. Its core function is to provide clear guidelines on the duration of coverage, ensuring both parties understand when their contractual obligations begin and end, thereby preventing disputes over coverage periods.
When Will Your Policy End. Your policy will end when one of these events happens first:
a) If the policy is terminated in accordance with the terms and conditions of the policy;
b) Death of the Life insured and We paid out 100% of the death Benefit;
c) Full surrender of the policy and We paid out 100% of the Surrender value;
d) At maturity date and We paid out 100% of the maturity Benefit;
e) Your written request and Our acceptance of the application to terminate the policy;
f) Any other cause of termination as permitted under or any change of laws or regulatory requirements, including court orders.
When Will Your Policy End. Your policy will end when one of these events happens first:
i. death of the Life insured ii. full surrender of the policy iii. we paid out 100% of the benefit amount for the covered events
When Will Your Policy End. Your policy will end when one of these events happens first:
a) Death of the Life insured;
b) Premium is not paid on time;
c) We paid out 100% of the Benefit amount for the covered events;
d) Upon expiry of this policy;
e) You choose not to renew Your policy at the end of the policy term (applicable for policy term of 5 years (renewable));
f) This policy is converted to a new policy; or
g) Your written request and Our acceptance of the application to terminate the policy. If You write to Us to terminate Your policy, there will not be any prorated refund of Premium and Your policy will terminate from the Premium due date immediately following the date We accept Your written request for termination.
When Will Your Policy End. The policy and all optional riders attached will automatically terminate when one of these events happens first:
a) if the policy is terminated in accordance with the terms and conditions of the policy;
b) We paid out 100% of the Death Benefit of this policy as a result of death or terminal illness;
c) full surrender of the policy and We paid out 100% of the surrender value;
d) on the Maturity date and We paid out 100% of the Maturity Benefit;
e) the required Premium(s) or Top-up(s) is not paid by the expiry date of the grace period as a result the policy lapse;
f) Your written request and Our acceptance of the application to terminate the policy;
g) any other cause of termination as permitted under or any change of laws or regulatory requirements, including court orders.
When Will Your Policy End. The Policy and all optional riders attached will automatically terminate when one of these events happens first:
a) if the Policy is terminated in accordance with the terms and conditions of the Policy;
b) We paid out 100% of the Death Benefit of this Policy as a result of death or TI;
c) full surrender of the Policy and We paid out 100% of the surrender value;
d) on the Maturity date and We paid out 100% of the Maturity Benefit;
e) the required outstanding regular Premium amounts are not paid by the end of the grace period as a result the Policy lapse;
f) if the balance in the Regular Premium Account is insufficient to cover the applicable fees and charges due;
g) Your written request and Our acceptance of the application to terminate the Policy; or
h) any other cause of termination as permitted under or any change of laws or regulatory requirements, including court orders.
When Will Your Policy End. This policy will end when any of the following events happens first:
a) Death of the Life insured or We paid out the death Benefit;
b) Premium is not paid on time;
c) After We give You notice that the policy cannot be renewed;
d) We paid out 100% of the critical illness Benefit for the covered events;
e) Upon expiry of this policy; or
f) Your written request and Our acceptance of the application to terminate the policy. If You write to Us to terminate Your policy, there will not be any prorated refund of Premium and Your policy will terminate from the Premium due date immediately following the date We accept Your written request for termination.
When Will Your Policy End. Your policy will be terminated when one of these events happens first:
(a) We paid out 100% of the Death Benefit;
(b) Life Insured is deceased;
(c) We paid out 100% of the Maturity Benefit on the maturity date;
(d) Your Account value is less than S$1;
(e) 90 days after We give You notice that the policy cannot be renewed;
(f) We receive Your written request and accept Your request to terminate the policy; or
(g) Any other cause of termination as permitted under or any change of laws or regulatory requirements, including court orders.