Revival definition

Revival means restoring the lapsed or a Reduced Paid-up Policy to an inforce Policy as per the revival conditions mentioned in Part D of the Policy.

Revival means restoration of the Policy, which was discontinued due to nonpayment of Premium, by Us with all the benefits stated in the Policy, upon the receipt of all the due Premiums and other charges / late fee as provided in Clause 3 of Part D of the Policy;

Revival means payment of all due premiums that are in arrears to convert a Policy from “Lapse” or “Paid-up” status into “In force” status

Examples of Revival in a sentence

• A summary of the insurance provided for Big Bike Revival events is detailed in the Cycling UK Guidance note 5 - Special Events Insurance on the Cycling UK website.

• If your organisation is not providing cycling activities on a regular basis, as a main business or for the primary income, Cycling UK has arranged liability insurance for Activity Providers organising one-off special events which are part of the Big Bike Revival programme, Bike Week and the Women’s Festival of Cycling.

• 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.

• Revival of contract is not mandatory and any decision taken by the Bank not to revive the contract shall be final and binding on the Borrower(s) and the Borrower(s) hereby undertake not to challenge this decision of the Bank in any Court of Law.

• Any change in basis of determination of interest rate for Revival can be done only after prior approval of the Authority.

More Definitions of Revival

Revival means restoration of the policy, which was discontinued due to the non-payment of premium, by the Company with all the benefits mentioned in this policy document, with or without rider benefits, if any, upon the receipt of all the premiums due and other charges or late fee, if any, as per the terms and conditions of this policy, upon being satisfied as to the continued insurability of the insured or policyholder on the basis of the information, documents and reports furnished by You, in accordance with the Company’s Board Approved Underwriting policy.

Revival. Means reinstatement of the lapsed or Reduced Paid-Up Policy in accordance with the provisions of the Policy Document. Revival may be of the following two types and the same may be made before the date of maturity of the Policy but, within the timelines indicated below:

Revival means restoration of the Policy by the Company, which was discontinued due to the non- payment of Premium, with all the benefits mentioned in the Policy document, upon the receipt of all the Premiums due and other charges/ late fee, if any, as per the terms and conditions of the Policy, upon being satisfied as to the continued insurability of the Scheme Member on the basis of the information, documents and reports furnished by the Master Policyholder.

Revival means restoration of the benefits of the Lapsed Policy;

Revival means an action by the Board granting a substance use disorder professional a registration, certification, or licensure following a lapse of registration, certification, or licensure wherein the professional must also meet the requirements for renewal.

Revival means revival of the Policy which has been discontinued due to non- payment of the due Premiums as per the Policy terms.

Revival means revival of the Master Policy which has been discontinued due to non-payment of the due Premiums as per the terms and conditions of the Master Policy.