Date of Commencement of the Policy definition

Date of Commencement of the Policy means the date when the first Contribution/Premium is received by the Insurer from the Policyholder and as specified in the Policy Schedule.
Date of Commencement of the Policy means the date on which the Policy comes into effect and is as specified in the Policy Schedule.

Examples of Date of Commencement of the Policy in a sentence

  • F.6 Exclusions for Critical Illness (CI) Benefit There is a waiting period of 90 days from the Date of Commencement of the Policy and the date of reinstatement of the Policy to claim the benefit.

  • The annual Premiums are payable in advance on the anniversary of the Date of Commencement of the Policy.

  • Date of diagnosis within 90 days from Date of Commencement of the Policy or Reinstatement Date of the Policy;2.

  • At inception, the Policyholder must provide up to date Group Member Data mentioned in Annexure MD to the Insurer on or before the Date of Commencement of the Policy.

  • The Company shall open a Unit Account on the Date of Commencement of the Policy.

  • A charge of 0.1% of the Annualised Premium will be levied on each Monthly Anniversary by cancellation of Units (including the Date of Commencement of the Policy) from the Fund Value, subject to a minimum charge of Rs.50 per month and a maximum charge of Rs.500 per month.

  • You may apply for an increase in Annuity Amount any time after six months after the Date of Commencement of the Policy (base plan) by paying an additional Purchase Price/Premium as a Single Pay, provided the Policy is in-force and no due premiums are outstanding.

  • Monthly Due Date means the date corresponding numerically with the Date of Commencement of the Policy in each month subsequent to the month of commencement of the Policy.

  • The Premium is payable in advance before the Date of Commencement of the Policy.

  • F.4.Suicide Exclusion In case of death of the Life Assured due to suicide within 12 months from the Date of Commencement of the Policy or from the Date of Revival of the Policy, as applicable, the Claimant shall be entitled to Fund Value, as available on the date of intimation of death.

Related to Date of Commencement of the Policy

  • Date of Completion with respect to a Project shall mean: (i) the date upon which such Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; or (ii) the date on which the Issuer determines, upon the recommendation of or in consultation with the Consulting Engineer, that it cannot complete such Project in a sound and economical manner within a reasonable period of time as evidenced by an Engineers’ Certificate filed with the Trustee and the Issuer; provided that in each case such certificate of the Consulting Engineer shall set forth the amount of all Costs of such Project which have theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Notice of commencement means a notice required under Section 38-1b-201 for a government project, as defined in Section 38-1b-102.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.