Premium Allocation Rate definition
Premium Allocation Rate means the rate specified in the Schedule at which the premium will be applied to arrive at the Units to be allocated in the Unit Account in respect of any Regular Premium or Top Up Premium paid by the Policyholder.
Premium Allocation Rate means the rate specified in the Schedule, which net of any GST & cess (as applicable) will be applied to the Regular Premium and Top up Premium (if any) paid to arrive at the amount to be allocated in the Unit Account in respect of any Premium paid by the Policyholder.
Premium Allocation Rate means the rate net of the Premium Allocation Charge [as per Section 16d) below] and any GST & cess (as applicable) will be ap- plied to the Regular Premium and Top-Up Premium (if any) received to arrive at the amount to be allocat- ed in the Unit Account in respect of any Regular Pre- mium or Top-Up Premium paid by the Policyholder.
More Definitions of Premium Allocation Rate
Premium Allocation Rate means the rate specified in the Schedule, which net of any service tax &cess will be applied to the Regular Premium paid to arrive at the amount to be allocated in the Unit Account in respect of any Regular Premium paid by the Policyholder.
Premium Allocation Rate means the rate specified in the Schedule (net of any GST) that will be applied to the Single/ Regular Premium paid to arrive at the amount to be allocated in the Unit Account in respect of any Regular Premium/Single Premium or Top Up Premium paid by the Policyholder.
Premium Allocation Rate means the rate specified in the Schedule, which net of any GST will be applied to the Regular Premium paid to arrive at the amount to be
Premium Allocation Rate means the rate net of the Premium Allocation Charge [as per Section 15d) below] and any GST & cess (as applicable) will be applied to the Single Premium
Premium Allocation Rate means the rate net of the Premium Allocation Charge [as per Section 16d) be- low] and any GST & cess (as applicable) will be ap- plied to the Regular Premium and Top-Up Premium (if any) received to arrive at the amount to be allocat- ed in the Unit Account in respect of any Regular Pre- mium or Top-Up Premium paid by the Policyholder.
Premium Allocation Rate means the rate specified in the Sched- ule, which net of any GST and cess (as applicable) will be applied to the Regular Premium and/or Top Up Premium, if any, paid to arrive at the amount to be allocated in the Unit Account in respect of any Regular Premium and/or Top Up Premium paid by the Pol- icyholder.
Premium Allocation Rate means the rate specified in the Schedule at which the Initial Contribution/Contribution will be applied to arrive at the Units to be allocated in the Unit Account in respect of any Initial Contribution/Contribution paid by the Policyholder.