Examples of Annualised Premium in a sentence
If at the correct age, the Life Assured was insurable, then We may revise the Annualised Premium and/or applicable benefits payable under the Plan from the Date of Commencement of Risk by adjusting or deducting the differential premium that would have been payable.
The Annualised Premium cannot be decreased or increased at any point of time except due to a change in Premium paying frequency and only to that extent.
The Company will levy an Allocation Charge as a percentage of the Annualised Premium.
Annualised Premium Equivalent (“APE”) represents annualised new regular premiums plus 10% of single premiums.
The Policy Fund Value should be at least equal to 120% of one Annualised Premium for Regular/Limited Premium Payment Policy or 25% of single premium for Single Premium Payment Policy after a Partial Withdrawal.