Takaful Coverage definition

Takaful Coverage means this half-yearly renewable group term Takaful coverage.
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Takaful Coverage means this yearly renewable group term Takaful coverage and such other Takaful coverage as may be extended to a Person Covered.
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Takaful Coverage means this HospeeFamily and such other Takaful coverage as may be extended to a Person Covered.
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Examples of Takaful Coverage in a sentence

  • In addition, in the event of default and the financing turns to Impaired Financing (Non-Performing Financing) status, the Bank may at its sole and absolute discretion (but not obliged to) without notice to you, exercise its option of cancelling the Takaful Coverage and recover the policy cash / surrender value to reduce the outstanding balance of the said financing.

  • In addition, in the event of default and the financing turns to Impaired Financing (Non-Performing Financing) status, the Bank may at its discretion (but not obliged to) without notice to you, exercise its option of cancelling the Takaful Coverage and recover the policy cash / surrender value to reduce the outstanding balance of the said financing.

  • Contribution Amount(s) will be calculated and charged at a monthly unit rate of 0.00417per 100 per month in each calendar month on the Investment Amount as calculated by the Takaful Provider based on the Scheme Members’ Investment Amount information at the beginning of the calendar month that follows the calendar month that is relevant to such Investment Amount, on which the Takaful Coverage is calculated.

  • The Takaful Coverage of the Individuals Covered shall terminate under the provisions of Clause 14 of the PMD and Clause 7 of this document.

  • Contribution Amount(s) will be calculated and charged at a monthly unit rate of 0.01666 per 100 per month in each calendar month on the Investment Amount as calculated by the Takaful Provider based on the Scheme Members’ Investment Amount information at the beginning of the calendar month that follows the calendar month that is relevant to such Investment Amount, on which the Takaful Coverage is calculated.

Related to Takaful Coverage

  • Lot coverage means the percentage of lot area covered by all buildings on the lot;

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

  • Long-term disability insurance or "LTD insurance" means employ- er-paid long-term disability insurance and employee-paid long-term disability insurance offered by the PEBB program.