Risk Commencement Date definition

Risk Commencement Date means the date specified in the Schedule on which the risk under this Policy commences.
Risk Commencement Date means the date given in the Schedule from which We accept the risk on the life of the Insured.
Risk Commencement Date means the date on which the Insurance Cover under this Policy commences in respect of an Insured Member hereto;

Examples of Risk Commencement Date in a sentence

  • The Rider shall however become void from commencement, if the age of the Life Assured at the Risk Commencement Date is found to be higher than the maximum or lower than the minimum entry age that was permissible under the Rider at the time of its issue.

  • In case the Life Insured, either minor or major, dies due to suicide within 12 months from the Risk Commencement Date or date of Revival of the Policy, the Policy shall immediately terminate, and Company shall pay the following to the Nominee: • Where the Policy has acquired the Surrender Value, higher of Surrender Value or (Total Premiums Paid plus underwriting extra premiums paid plus loadings for modal premiums paid excluding applicable taxes) till date of death.

  • The premium rates are guaranteed for first five years from the Risk Commencement Date.

  • Risk Commencement Date means the date specified in the Certificate of Insurance on which Our coverage under the Policy in respect of the Insured Person named in the Certificate of Insurance commences.


More Definitions of Risk Commencement Date

Risk Commencement Date means the date given in the Schedule from which We accept the risk under this Master Policy and Riders, if any.
Risk Commencement Date is the date as shown in the Policy Schedule when risk cover on the life of the Life Insured begins under this Policy.
Risk Commencement Date means the date given in the Schedule from which We accept the risk
Risk Commencement Date means the date as specified in the Policy Schedule, on which the insurance coverage under this Policy commences.
Risk Commencement Date. Risk Commencement Date means the date specified in the Certificate of Insurance on which Our coverage under the Policy in respect of the Insured Person named in the Certificate of Insurance commences.
Risk Commencement Date. Risk Commencement Date means the date specified in the Certificate of Insurance on which the Coverage Period and Our coverage under the Policy in respect of the Insured Person commences.
Risk Commencement Date means the date from which the Death Benefit under this Policy commences and as specified in the Policy Schedule.