Examples of Period of Insurance in a sentence
In such cases, You shall not be entitled to the return of a proportionate part of the Premium in respect of the unexpired Period of Insurance.
During the Period of Insurance, in the event the accumulation of total paid-up benefits in respect of one (1) or more Events stated in Compensation Table 1 from one (1) or more Accidents of the same Insured Person is below one hundred percent (100%) of the Sum Insured, We thereafter shall only be liable for the remaining balance payable up to one hundred percent (100%) of the Sum Insured.
Cover is limited to one replacement per Period of Insurance per item, up to the amount specified in Your policy schedule.
Total Loss: Upon payment of a claim following a Total Loss of the Insured Item(s), all cover under this Policy will cease and there will be no return premium for the remaining Period of Insurance, except for termed policies for more than 1 year, where a refund of the unexpired years will be issued.
If, during the Period of Insurance, an Insured Person sustains Injury or suffers from Sickness which results in the necessity of hospitalization for at least seven (7) consecutive days during the course of a Trip, Starr Global Emergency Assistance will arrange and pay for the cost of a round trip economy class air ticket and/or other reasonable transportation means for one of the Insured Person's relatives or friends to visit the Insured Person.