AMOUNT OF PREMIUM. In connection with the stop-loss coverage provided hereunder, Plan Sponsor shall pay Company a monthly premium in an amount equal to the monthly premium rate in Section 5. B. of the Schedule of Coverage (i.e. $87.95), multiplied by the number of participants enrolled in the Plan on the first day of each month for which payment is being made.
Appears in 2 contracts
Samples: Excess Health and Accident Coverage Agreement, Excess Health and Accident Coverage Agreement
AMOUNT OF PREMIUM. In connection with the stop-loss coverage provided hereunder, Plan Sponsor shall pay Company a monthly premium in an amount equal to the monthly premium rate in Section 5. B. C. of the Schedule of Coverage (i.e. $87.9583.76), multiplied by the number of participants enrolled in the Plan on the first day of each month for which payment is being made.
Appears in 1 contract
AMOUNT OF PREMIUM. In connection with the stop-loss coverage provided hereunder, Plan Sponsor shall pay Company a monthly premium in an amount equal to the monthly premium rate in Section 5. B. C. of the Schedule of Coverage (i.e. $87.95), multiplied by the number of participants enrolled in the Plan on the first day of each month for which payment is being made.
Appears in 1 contract
