Rider Premium definition

Rider Premium means the Premium paid towards the Riders and does not include any taxes and/or levies

Rider Premium means the premium amount payable in respect of a Rider applicable under the Policy and is the amount specified in the Schedule;

Rider Premium means an amount specified in the Schedule, payable by You, by the due dates to secure the benefits under the Rider, excluding applicable taxes, cesses and levies, if any;

Examples of Rider Premium in a sentence

• On any riders issued with this policy, other than this rider and any rider for which there is no premium, the Rider Premium provision under GENERAL PROVISIONS is replaced with the following: RIDER PREMIUM The annual premium for this rider is shown on the Policy Data page.

• Summary of Benefits and Premiums including for the Riders opted for: Benefit Description Number of Members Total Sum Assured (INR) Premiums (INR) Base Sum Assured Base Premium Rider Sum Assured Rider Premium Total Premium Service Tax on Total Premium Education Cess Secondary &Higher Education Cess TOTAL Premium including Service Tax The stamp duty of Rs. paid by pay order, no dated Government Notification Revenue and Forest Department No. Mudrank .

• We will only refund the Rider Premium (incluvise of extra Rider Premiums and excluding taxes, if any) received by Us, after deducting the proportionate risk Rider Premium for the period of insurance coverage, charges of stamp duty paid and the expenses incurred on medical examination of the Members, if any.

• Upon termination of this Rider, We will refund the Rider Premium received by Us for the unexpired Rider Period of Coverage.

• We will allow a grace period of 15 (Fifteen) days if You have chosen monthly mode for payment of the Rider Premium and 30 (Thirty) days, if You have chosen any other mode, from the due date of the unpaid Rider Premium, for paying the overdue Rider Premium to Us. During the grace period, We will accept the overdue Rider Premium without any interest and the insurance coverage under this Rider will continue.

More Definitions of Rider Premium

Rider Premium means an amount specified in the Schedule, payable by You, by the due dates to secure the benefits under the Rider, excluding service tax or any other taxes, cesses or levies, if any;

Rider Premium means a single premium amount specified in the Schedule, payable by You to Us in a single instalment to secure the benefits under the Rider, excluding applicable taxes, cesses and levies, if any;

Rider Premium means a premium payable under the provisions of a rider attached to this contract. The annual charge for any such rider is shown in the Contract Data.

Rider Premium means the amount payable to Us by You and/or the Member, as the case may be, on the due dates, and in the manner, specified in the Schedule and recorded in the Register of Members by You to secure the benefits payable under this Rider. This amount excludes any amounts payable as service tax or any other taxes, cesses or levies;

Rider Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount (along with and as part of the Regular Premium) and at the Premium Payment Frequency. For more details, refer to Section 3 below.

Rider Premium means the amount payable to Us by You on the due dates and in the manner, as specified in the Schedule/ endorsement to secure the benefits payable under this Rider;

Rider Premium means the amount payable to Us by You and/or the Member, as the case may be to secure the benefits payable under this Rider and excludes any amounts payable as service tax or any other taxes, cesses or levies;