Premium Payment Frequency definition

Premium Payment Frequency means the period as specified in the Policy Schedule, between two consecutive premium due dates for the Policy;
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Premium Payment Frequency means frequency of premium payment as chosen by the Policyholder from the available frequencies of premium payment i.e. yearly, half-yearly, quarterly, and monthly.
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Examples of Premium Payment Frequency in a sentence

  • Policy shall be offered on single trip/multi (annual) trip basis Premium Payment Frequency available under the policy is: Monthly/Quarterly/Half yearly/ Yearly Premium is payable and realized in full by the company in monthly/quarterly/half yearly frequency(as the case may be) before the installment due date.

  • Initial Premium Payment Frequency Selection Additional Premium Payments The Income Plan Your Right to Change Allocation of The Annuity Options Accumulation Value Payment When Named Person Dies Transfers from a Guaranteed Interest Division Limitation of Allocations Other Important Information........................................

  • Policy shall be offered on single trip/multi (annual) trip basis Premium Payment Frequency available under the policy is: Monthly/Quarterly/Half yearly/ Yearly Premium is payable and realized in full by the company in monthly/quarterly/half yearly frequency(as the case may be)before the installment due date.

  • Your Policy Schedule specifies the Annualized Premium, the Premium Payment Frequency, the Instalment Premium and its due dates, as applicable, subject to the Policy Discontinuance, Reduced Paid-up (RPU) and Revival provisions.

  • If the Instalment Premium is not received by Us by the due dates specified in the Policy Schedule, You will be given a Grace Period of 30 days (15 days in case of monthly Premium Payment Frequency) to make the payment of due Premium(s), during which time the risk cover and all benefits under the Policy will continue to remain in-force.