Common use of Cumulative Bonus Clause in Contracts

Cumulative Bonus. We will increase Your Sum Insured by 5% at the end of the Policy Year if the Policy is renewed with Us provided that there are no claims paid/outstanding in the expiring Policy Year:

Appears in 2 contracts

Samples: old.irdai.gov.in, irdai.gov.in

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Cumulative Bonus. a) On Sum Insured We will increase Your Sum Insured by 5% as specified under the Plan opted at the end of the Policy Year if the Policy is renewed with Us provided that there are no claims paid/outstanding in the expiring Policy Year:

Appears in 2 contracts

Samples: irdai.gov.in, www.irdai.gov.in

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Cumulative Bonus. We will increase Your Sum Insured by 5% as per the plan opted, at the end of the Policy Year if the Policy is renewed with Us provided that there are no claims paid/outstanding in the expiring Policy Year:

Appears in 2 contracts

Samples: policyholder.gov.in, www.irdai.gov.in

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