Annualized Premium means the due premium contribution as calculated and applicable for a Policy Year. Annualized Premium excludes extra premium, if any
Annualized Premium means the premium payable in a year chosen by the policyholder excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
Annualized Premium means the premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premium on riders, if any, as specified in the Schedule.
Examples of Annualized Premium in a sentence
Surrender/Discontinuance Charge is expressed as a percentage of the Fund Value/ Annualized premium/ Single Premium.
More Definitions of Annualized Premium
Annualized Premium means the total amount of Regular Premiums payable in a Policy Year chosen by the Life Assured, excluding the taxes, rider premiums, underwriting extra premiums if any.
Annualized Premium means the total amount of Premiums (excluding taxes, rider premiums and extra premiums on riders, if any) payable by You in a Policy Year.
Annualized Premium means the premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premium on riders, if any.
Annualized Premium means the premium amount payable in a year excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
Annualized Premium means the Premium amount payable in a year chosen by the Policyholder, excluding the applicable taxes, rider premiums, loadings for modal premium and underwriting extra premiums, if any as specified in the Schedule
Annualized Premium as shown in the Policy Schedule is the amount of premium payable in a year chosen by the Policyholder, excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
Annualized Premium means the amount specified in the Schedule which is the total Installment Premium payable for a Policy Year.