Rider Premium definition

Rider Premium means the Premium paid towards the Riders and does not include any taxes and/or levies
Rider Premium means the premium amount payable in respect of a Rider applicable under the Policy and is the amount specified in the Schedule;
Rider Premium means an amount specified in the Schedule, payable by You, by the due dates to secure the benefits under the Rider, excluding applicable taxes, cesses and levies, if any;

Examples of Rider Premium in a sentence

  • It is issued in consideration of the payment of the Rider Premium.

  • If amount received towards payment of Rider Premium is less than the Rider Premium due and payable, the same will not be accepted.

  • In such cases the Rider Premium due and payable on the due date will be treated as unpaid.

  • Advance Rider Premium will be accepted as per prevailing IRDAI guidelines.

  • Rider Date:For the policy (same as the Policy Date if no date is shown)For certificates (same as the Certificate Date if no date is shown) Rider Premium (as shown in the Schedule if no amount is shown) DEFINITIONS The definitions in the certificate apply to this rider.


More Definitions of Rider Premium

Rider Premium means an amount specified in the Schedule, payable by You, by the due dates to secure the benefits under the Rider, excluding service tax or any other taxes, cesses or levies, if any;
Rider Premium means a premium payable under the provisions of a rider attached to this contract. The annual charge for any such rider is shown in the Contract Data.
Rider Premium means a single premium amount specified in the Schedule, payable by You to Us in a single instalment to secure the benefits under the Rider, excluding applicable taxes, cesses and levies, if any;
Rider Premium means the amount payable to Us by You and/or the Member, as the case may be, on the due dates, and in the manner, specified in the Schedule and recorded in the Register of Members by You to secure the benefits payable under this Rider. This amount excludes any amounts payable as service tax or any other taxes, cesses or levies;
Rider Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount (along with and as part of the Regular Premium) and at the Premium Payment Frequency. For more details, refer to Section 3 below.
Rider Premium means the amount payable to Us by You on the due dates and in the manner, as specified in the Schedule/ endorsement to secure the benefits payable under this Rider;
Rider Premium means the amount payable to Us by You and/or the Member, as the case may be to secure the benefits payable under this Rider and excludes any amounts payable as service tax or any other taxes, cesses or levies;