Examples of Policy in Force in a sentence
Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies That Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period.
Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies that Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period.
Years Policy in Force at Date of AccidentDaily Hospital BenefitLess than 1 year$1501 year but less than 2$2502 years but less than 3$3503 years or more$500INITIAL HOSPITALIZATION BENEFIT – After the first 24 hours of your hospital confinement as a result of accidental bodily injury, we will pay you a $1,000 lump sum benefit.
Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period.
Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies That Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period of More Than Five Years.
The Sponsor, by resolution of the Board of Directors, may terminate or partially terminate the Plan.
To put your Policy in Force, you must pay an amount of at least -- *the Unpaid Policy Charges at the end of the Grace Period; plus *any excess of the Policy Debt over the Cash Value at the end of the Grace Period; plus *three times the Monthly Cost of Insurance charges applicable at the date of reinstatement; plus *three times the Monthly Expense Charge.
Rates of pay for individual teachers who were on full-time or regular part-time status at both June 30, 2011 and June 30, 2012 increased on average 4.00%, compared to the expected average increase of 7.11%.
After the end of the juvenile period, gross premiums are level for the remainder of the premium paying period, and death benefits are level for the remainder of the life of the policy.(5) Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies That Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period.
ICA49 A35.10.p6 2017 Royal Commission in Misconduct in Banking et al, Natural Disasters Insurance Treasury prepared background paper 20 undated –50 Ibid51 A10.32 – ICA 2019 Mitigation and Policy in Force Analysis paper52 A34.11 – ICA 2015 submission Northern Australia Insurance Premiums Taskforce The Treasurymembers have provided ICA with address level policy data in Queensland for over 900,000individual home building and residential strata buildings.