Regular Premium definition

Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.
Regular Premium means the amount exclusive of applicable taxes, if any, payable (on the due date or within the Grace Period allowed) by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule. This includes the amounts payable during the PPT which is less than the PT.
Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule. The Regular Premium includes any Rider Premium, and any extra premium (which will be informed to you, if applicable).

Examples of Regular Premium in a sentence

  • The Company does not have any obligation to issue a notice that Regular Premium is due or for the amount that is due.

  • Any Regular Premiums paid before the Due Date will be deemed to have been received on the Due Date for that Regular Premium.

  • Premium Payment Term means the period specified in the Schedule during which Regular Premium is payable.

  • If the Life Assured’s correct Age is lower than the Age declared in the Proposal Form, the Regular Premium payable under the Policy shall be altered corresponding to the correct Age of the Life Assured from the next due date of Regular Premium.

  • The Company will not accept any amount less than the Regular Premium along with applicable taxes, if any, due as the Regular Premium.


More Definitions of Regular Premium

Regular Premium means the premium payable to Us in regular instalments in the manner and at the intervals ("Premium Frequency") specified in the Schedule;
Regular Premium means the premium payable by the Policyholder at regular intervals during the Policy Term in the amounts and at the frequency specified in the Schedule.
Regular Premium means the Premium payable to Us in regular instalments throughout the Policy Term in the manner and at the intervals specified in the Schedule;
Regular Premium means Unit Linked insurance policy where the premium payment is throughout the term of the policy or premium payment term of the policy and premiums are payable at regular intervals.
Regular Premium means the amount which is payable to the Company on the frequency and for the term stated in the Policy Schedule.
Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule. The premium will also include any premium applicable with respect to any Life-Stage Upgrade Sum Assured taken under the Policy.
Regular Premium means the Premium payable as per the Pre- mium Payment Frequency under the Policy during the PPT of the Policy and is equal to that specified in the Schedule.