Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.
Annualised Premium means the sum total of Annual Premium and Extra Premium, if any, as specified in the Schedule;
Annualised Premium means the amount specified in the Schedule which is the total Instalment Premium payable for a Policy Year.
Examples of Annualised Premium in a sentence
Guaranteed Loyalty Addition will be as a percentage of one Annualised Premium It will be paid out in lump sum at the end of the policy term and will be part of the Maturity Benefit.
More Definitions of Annualised Premium
Annualised Premium means the due premium contribution as calculated and applicable for a Policy Year. Annualised Premium excludes underwriting extra premium, frequency loadings on premium, if any, the premiums paid towards the Riders, if any and service tax and cess
Annualised Premium means the amount specified in the Schedule, which is the level premium payable in a Policy Year by regular instalments as and when due;
Annualised Premium. Means the total of all Premiums payable by the Policyholder in one Policy year excluding the underwriting extra Premiums, loadings for modal Premium, Goods and Services Tax and Cess and Rider Premium, if any.
Annualised Premium means the due premium contribution as calculated and applicable for a Policy Year. Annualised Premium excludes extra premium, if any
Annualised Premium means the total amount of Regular Premiums payable in a Policy Year. In this calculation any extra premium, Rider Premium or applicable taxes are excluded.
Annualised Premium means the total of the Regular Premium/s payable in a Policy Year, excluding any Extra Premium, and GST and cess, if any.
Annualised Premium means the premium payable in a year chosen by the policyholder, excluding any underwriting extra premiums and loadings for modal premiums, if any.