Insurance Amount definition

Insurance Amount has the meaning set forth in Section 6.12(b).

Insurance Amount has the meaning set forth in Section 6.08(c).

Insurance Amount shall have the meaning set forth in Section 6.12(b).

Examples of Insurance Amount in a sentence

• The premium for the Insurance is independent of gender, calculated based on the Insurance Amount and adjusted each year based on the Insured’s age.Until the age of 55 the premium will be increased on each principal due date in line with the age of the Insured.

• The maximum Spouse Training Benefit amount is the lesser of 25% of Your AD&D Insurance Amount or $10,000.

• As of the age of 56 the premium will be adjusted in line with the Index each year and the Insurance Amount will be reduced in line with the increasing age of the Insured.Article 13 Payment of compensation and int erestThe Company shall be notified of the death of the Insured without unreasonable delay.The Insurance Amount shall be paid no later than 14 days after satisfactory proof of the liability of the Company is received.

• An applicatiot nbemus received by the Company within three months from the occurrence of the following events:‡ the Insured has a child;‡ the Insured adopts a child under the age of 18.The Insurance Amount can be increased by a maximum of 25% or ISK 3,500,000, whiischloewvee r.

• A decrease in the Index will affect neither the Insurance Amount nor the annual premium.

More Definitions of Insurance Amount

Insurance Amount has the meaning set forth in Section 7.5(a).

Insurance Amount has the meaning assigned in Section 6.11(c).

Insurance Amount has the meaning assigned in Section 6.10(b).

Insurance Amount has the meaning given such term in Section 7.7(b) hereof.

Insurance Amount means for:

Insurance Amount shall have the meaning given such term in Section 5.8.

Insurance Amount is defined in Section 4.11(f) hereof.