Contestability Period definition

Contestability Period means the contractual right period within which the Issuing Insurance Company may contest the Insurance Policy.
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Contestability Period means a period of two consecutive years commencing from the date that your coverage comes into force, is reinstated or is increased. Refer to the Section entitled Incontestability of Individual Coverage.
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Contestability Period means a period of two consecutive years commencing from the date that your coverage either comes into force, is reinstated or is increased.
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Examples of Contestability Period in a sentence

  • ACCELERATED DEATH BENEFIT FOR TERMINAL ILLNESS:After the Contestability Period is completed, You may elect to have a portion of the Death Benefit accelerated.

  • Amount You May ElectAfter the Contestability Period is completed, the Certificateholder may elect the amount of the Accelerated Death Benefit to be paid.

  • Contestability Period If You make a claim for insurance benefits within the first two years of coverage, We will review the information You provided in Your Insurance Enrolment to confirm that it is correct and complete.

  • This two-year period is sometimes referred to as the Contestability Period and is a concept set out in provincial insurance legislation.

  • Contestability Period - During the first six months of the policy, we may deny a long-term care claim or rescind your rider if you have made a misrepresentation on your application which is material to our acceptance of the Insured for coverage.

  • If you obtain an increase in coverage, the increased amount is subject to a two-year Contestability Period.

  • What has driven the decisions made by officials is the need to restrict spread of illness because if the number of infections were to rise sharply, the number of severely infected women could rise and this could put the lives of pregnant women in the third trimester in danger.

  • The Contestability Period is typically two years (from the commencement of the policy); Borrowing : The Fund may borrow up to 50% of the Net Asset Value of the Fund.

  • Contestable ClaimsContact: Kate Herlihy Yesterday afternoon the Governor’s Office released Circular Letter No. 1 (2017) -- Life Insurance Unfair Claim Settlement Practices During the Contestability Period -- through a press release.

  • If filing with a Cancer diagnosis, please include the pathology report.Return the completed form, the signed and dated HIPAA Authorization and any itemized bills to: Platinum Supplemental Insurance, Inc.PO Box 1404Rome, GA 30162 Fax: 813-386-4425Note: Your Policy has a 6 Month Pre-Existing Conditions Limitation and a 2 Year Policy Contestability Period.

Related to Contestability Period

  • Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Policy Period means the period commencing from effective date and hour as shown in the Policy Schedule and terminating at midnight on the expiry date as shown in the Policy Schedule.

  • Penalty Period has the meaning set forth in Section 6.3.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • Renewal Application means a document used to collect pertinent data for renewal of permits

  • Facility Period means the period starting on the date of this Agreement and ending on such date as all obligations whatsoever of all of the Security Parties under or pursuant to the Security Documents whensoever arising, actual or contingent, have been irrevocably paid, performed and/or complied with;

  • Resolution Extension Period As defined in Section 2.03(b).

  • Security Period means the period commencing on the date of this Agreement and ending on the date on which the Agent notifies the Borrowers, the Security Parties and the other Creditor Parties that:

  • Extension Term means the time period defined in §2.C.

  • Non-Renewal shall have the meaning set forth in Paragraph 2(b) hereof.

  • duty period means a period which starts when a crew member is required by an operator to report for or to commence a duty and ends when that person is free of all duties, including post-flight duty;

  • Tail Period has the meaning set forth in Section 6.3(b).

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Expiry means expiry of this Agreement by efflux of time. “Expiry Date” means the date on which Expiry occurs.

  • Policy Term means the term of this Policy as specified in the Schedule;

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Enforcement Period means the period of time following the receipt by either the ABL Agent or the Term Agent of an Enforcement Notice from the other and continuing until the earliest of (a) in the case of an Enforcement Period commenced by the Term Agent, the Discharge of Term Obligations, (b) in the case of an Enforcement Period commenced by the ABL Agent, the Discharge of ABL Obligations, or (c) the ABL Agent or the Term Agent (as applicable) terminates, or agrees in writing to terminate, the Enforcement Period.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Regulatory Exclusivity Period means, with respect to each Licensed Product in any country in the Territory, a period of exclusivity (other than Patent exclusivity) granted or afforded by Applicable Law or by a Regulatory Authority in such country which confers an exclusive Commercialization period during which AbbVie or its Affiliates or Sublicensees have the exclusive right to market and sell a Licensed Compound or Licensed Product in such country through a regulatory exclusivity right.

  • Initial Term has the meaning set forth in Section 7.1.

  • Extension Period has the meaning specified in Section 3.12.

  • Extended Term shall have the meaning given such term in Section 2.4.