sinking fund policy definition
sinking fund policy means a contract, other than a life policy, in terms of which a person, in return for a premium, undertakes to provide one or more sums of money on a fixed or determinable future date as policy benefits, and includes a reinsurance policy in respect of such a contract;
sinking fund policy means a policy whereby one party to the contract assumes the obligation to pay, after the expiration of a certain period or during a specified period, a certain sum or certain sums of money to a particular person in return for the payment from time to time of certain sums of money by the other party to the contract;
sinking fund policy means a contract whereby one party to the contract 15
More Definitions of sinking fund policy
sinking fund policy means a contract that has the following features:
sinking fund policy means a contract whereby one party to the contract assumes the
sinking fund policy means a contract whereby one party to the contract assumes the obligation to pay, after the expiration of a certain period or during a specified period, a certain sum or certain sums of
sinking fund policy means a contract, other than a life policy, in terms of which a person, in return for a premium, undertakes to provide one or more sums of money on a fixed or
sinking fund policy means a policy whereby