Delayed Payment. Premium balances that remain unpaid for more than 30 days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -
Appears in 7 contracts
Samples: Yrt Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -β Interest Rate.
Appears in 7 contracts
Samples: Automatic Yrt (Riversource of New York Account 8), Reinsurance Agreement (Riversource Variable Life Separate Account), Automatic Yrt (Riversource Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -12.5.
Appears in 5 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Benefit Payments Procedure (First Trinity Financial CORP), Benefit Payments Procedure (First Trinity Financial CORP)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -- Interest Rate. IDSL VUL4/LP Select Treaty 6
Appears in 4 contracts
Samples: Automatic Yrt (Ids Life Variable Life Separate Account), Automatic Yrt (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -as
Appears in 4 contracts
Samples: Reinsurance Agreement (Riversource Variable Life Separate Account), Automatic Yrt (Ids Life Variable Life Separate Account), Automatic Yrt (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -13.5
Appears in 3 contracts
Samples: Reinsurance Agreement (Riversource Variable Life Separate Account), Automatic Yrt (Riversource of New York Account 8), Automatic Yrt (Riversource Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 - Interest Rate. IDSL-NY VUL4/LP Select Treaty 6
Appears in 3 contracts
Samples: Automatic Yrt (Ids Life of New York Account 8), Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt (Ids Life of New York Account 8)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will may incur interest from the end of the reporting periodReporting Period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting periodReporting Period. Interest will be calculated using The Ceding Company or Munich Re, U.S. (Life) has the index specified right to exercise the interest penalty which shall equal the annual effective interest rate based on the 180 day Treasury rate as reported in Article 13.5 -the Wall Street Journal on the date the payment becomes due plus 100 basis points (1%).
Appears in 2 contracts
Samples: Automatic Yrt (Nationwide Vli Separate Account 4), Nationwide VL Separate Account-G
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -Section 14.6.
Appears in 2 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Automatic and Facultative Yrt (Penn Mutual Variable Life Account I)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -- Interest Rate.
Appears in 2 contracts
Samples: Automatic Yrt (Ids Life of New York Account 8), Automatic Yrt (Ids Life of New York Account 8)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -13.7.
Appears in 2 contracts
Samples: Tiaa-Cref Life Separate Account Vli-1, Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 IDSL - [redacted] 7 VUL IV Plus/VUL IV Plus-ES Doc# 2081398
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in In Article 13.5 -12,5.
Appears in 1 contract
Samples: Nationwide VL Separate Account-G
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
Delayed Payment. Premium Undisputed premium balances that remain unpaid for more than 30 60 days after from the Remittance Date remit date will incur interest from the end of the reporting period. The Remittance Date remit date is defined as 30 20 days after the end of the reporting period. Interest will be calculated using the index specified 13-week Treasury Bill rate reported in Article 13.5 -the "Money Rates" section of the Wall Street Journal for the last business day of the month of that reporting period.
Appears in 1 contract
Samples: Ge Life & Annuity Assurance Co Ii
Delayed Payment. Premium balances that remain unpaid for more than 30 thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as 30 thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 -- Interest Rate. IDSL VUL4 / LP Select Treaty 6
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
