Sentences with phrase «contribution under clause»
Any distribution allocated to a qualified rollover contribution under clause (ii)(II) shall be allocated first to the portion of such contribution required to be included in gross income.
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The mandatory declaration of holding the other policy / policies is also essential due to the existence of a contribution clause - This clause states that if a person holds more than one health insurance policy, when a claim is made, all insurers share the claim in an equal ratio according to the sums assured under their corresponding policies.