Life Insured means the person named in the Schedule, on whose life the Policy is effected;

Life Insured means the person named in the Schedule, on whose life this Policy is effected;

Life Insured means the person whose life is insured under the Policy as shown in the Policy Schedule.

Examples of Life Insured in a sentence

Once recorded, the change will be effective as of the date you signed the request, whether or not you or the Life Insured is alive when we record the change.
We will only refund the Premiums received by Us, after deducting the proportionate risk Premium for the period of cover, charges of stamp duty paid and the expenses incurred on medical examination of the Life Insured, if any.
The person named by You in the Proposal Form or the person who has been nominated and registered with Us at a later date as Your Nominee(s), shall be the person to whom the death benefit under this Policy will be paid in the event of death of the Life Insured.
In case the Life Insured, either minor or major, dies due to suicide within 12 months from the Risk Commencement Date or date of Revival of the Policy, the Policy shall immediately terminate, and Company shall pay the following to the Nominee: • Where the Policy has acquired the Surrender Value, higher of Surrender Value or (Total Premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes) till date of death.
The Life Insured, where he is the Policyholder, may at any time during the policy term, make a nomination for the purpose of payment of benefits in the event of his death.

More Definitions of Life Insured

Life Insured means the Member as defined below.

Life Insured means the person whose life is insured or assured under the Policy and is shown in the Policy Schedule.

Life Insured means the person, as specified in Schedule, on whose life the Life Cover is effected and at whose death, the death benefit under this Policy will be payable.

Life Insured means the person named in the Schedule, who is also the policyholder, on whose life the Policy is effected;

Life Insured means the person named in the Schedule, whose life is insured under this Policy;

Life Insured means the person named as Life Insured in Policy Schedule 1 and also referred to as “Life Insured” or “he” or “his” in this Policy.

Life Insured means the person on whose life the Policy has been effected.