Discontinued Policy Fund means the segregated fund of the insurer that is set aside and is constituted by the fund value of all discontinued policies determined in accordance with these regulations.
Discontinued Policy Fund means the segregated fund that is set aside and is constituted by the fund value of all discontinued policies.
Discontinued Policy Fund means the segregated fund of the Company that is set aside and is constituted by the fund value of all discontinued policies, during lock-in period, determined in accordance with the prevailing regulations. The investment structure of the Discontinued Policy Fund is mentioned in the investment options section of this document.
Examples of Discontinued Policy Fund in a sentence
If the Policy is surrendered before the completion of five Policy years, the amount will be moved to the Discontinued Policy Fund.
The Discontinued Policy Fund would earn a minimum guaranteed interest as prescribed by IRDAI from time to time.
If the Policy is not revived within two years of the revival period, the proceeds of the Discontinued Policy Fund shall be paid out at the end of the revival period.
The asset allocation for the Discontinued Policy Fund (SFIN:ULIF05110/03/11DiscontdPF101) shall be as per the prevailing regulatory requirements.
The Fund Management Charge for Discontinued Policy Fund shall be 0.50% p.a.
More Definitions of Discontinued Policy Fund
Discontinued Policy Fund means the segregated fund of the Company that is set aside and is constituted by the Fund Value of all the discontinued policies as prescribed.
Discontinued Policy Fund. Means the fund of the Company that is set aside and is constituted by the Fund Value less Discontinuance Charges (if any) of all discontinued policies determined in accordance with Insurance Regulatory and Development Authority (Linked Insurance Products) Regulations, 2019 as amended from time to time
Discontinued Policy Fund means Our segregated fund which is constituted by the Fund Value if the Policy is discontinued during the Lock-In Period.
Discontinued Policy Fund means the segregated fund of the insurer that is set aside and is constituted by the fund value of all discontinued policies determined in accordance with these regulations.Provided that such discontinued policy fund shall be invested as per the pattern filed and approved by the Authority under the File and Use Procedure. Extracted from IRDA (Treatment of Discontinued Linked Insurance Polices) Regulation, 2010 dated 1st Jul 2010
Discontinued Policy Fund means the segregated fund of the Insurer that is set aside and is constituted by the Fund Value, as applicable, of all the policies discontinued during lock-in period, determined in accordance with the extant regulations.
Discontinued Policy Fund means the segregated fund of the Company that is set aside and is constituted by the fund value of all discontinued policies, during lock-in period, determined in accordance with the IRDAI (Unit Linked Insurance Products) Regulations, 2019.
Discontinued Policy Fund means Our segregated fund which is set aside and is constituted by the Fund Value of the Policies discontinued during the Lock-In Period.