Basic Premiums Sample Clauses

Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the set of rates labeled 2001 VBT S&U ANB included at the end of this Exhibit. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages will be applied to the reinsurance premiums payable hereunder: First Year: 0% Reinsurance Premium 2 + Years Risk Class Age<40 Age 40 -59 Age 60 -69 Age 70+ Standard NT Preferred NT Preferred Plus NT Standard TB Preferred TB The above rates include Table C to Standard Shaving Program. Table C to Standard Guidelines are attached at the end of this subsection. Extra Premiums: Any extra premiums payable due to additional mortality risk will be payable to the Reinsurer. Multiple extra premiums are equal to the sum of the standard premium and 25% of the standard premium for each assessed table of extra mortality Policy Fee: There is no policy fee applicable.
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Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the set of rates included at the end of this Exhibit, subject to the allowances shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The Reinsurer will pay the following allowances to the Company on the premiums payable hereunder: Simplified Issue Final Expense Whole Life to Age 121 (Level Death Benefit): Issue Age First Year Durations 2+ 50 – 85 140% 23% Guaranteed Issue Graded Benefit Whole Life to Age 121: Issue Age First Year Durations 2+ 50 – 79 110% 9% 80 – 85 110% 5% Table Extra Premiums/Multiple Extra Premiums: Not applicable. Supplementary Rider(s): The Terminal Illness Rider specified in Exhibit A will be reinsured at no additional cost to the Company. I486326US-14 (02-21-2014) (QT #06655US13)
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Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the 2008 VBT ALB S&U rates which have been included at the end of this Exhibit, subject to the percentages shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages will be applied to the reinsurance premiums payable hereunder: T10 - T12 First Year: 0% Year 2 - End of Level Premium Period: Issue Ages Male 18 - 29 30 - 39 40 - 49 50 - 59 60 - 64 Pref Elite 95% 82% 64% 61% 51% Pref NT 126% 103% 79% 69% 60% Std Select 140% 127% 98% 81% 72% Std NT 165% 159% 135% 101% 87% Pref Tob 125% 94% 72% 74% 65% Std Tob 158% 133% 100% 93% 78% Female 18 - 29 30 - 39 40 - 49 50 - 59 60 - 64 Pref Elite 88% 82% 69% 65% 58% Pref NT 111% 101% 80% 73% 67% Std Select 125% 122% 95% 81% 78% Std NT 162% 153% 120% 102% 94% Pref Tob 108% 78% 70% 74% 77% Std Tob 150% 113% 96% 90% 95% Exhibit C-1 T13 - T17 First Year: 0% Year 2 - End of Level Premium Period: Issue Ages Male 18 - 29 30 - 39 40 - 49 50 - 59 60 - 64 Pref Elite 88% 65% 52% 52% 49% Pref NT 109% 83% 65% 60% 57% Std Select 122% 103% 82% 70% 69% Std NT 151% 135% 112% 87% 85% Pref Tob 105% 80% 68% 70% 72% Std Tob 132% 112% 93% 87% 86% Female 18 - 29 30 - 39 40 - 49 50 - 59 60 - 64 Pref Elite 84% 67% 57% 59% 54% Pref NT 104% 85% 68% 65% 62% Std Select 119% 102% 80% 75% 74% Std NT 152% 133% 102% 92% 89% Pref Tob 100% 70% 63% 65% 79% Std Tob 138% 102% 87% 85% 95% T18 - T22 First Year: 0% Year 2 - End of Level Premium Period: Issue Ages Male 18 - 29 30 - 39 40 - 49 50 - 62 Pref Elite 82% 57% 48% 49% Pref NT 100% 71% 60% 56% Std Select 111% 89% 75% 64% Std NT 133% 115% 99% 78% Pref Tob 96% 74% 68% 68% Std Tob 116% 99% 92% 83% Female 18 - 29 30 - 39 40 - 49 50 - 62 Pref Elite 83% 61% 52% 54% Pref NT 101% 77% 62% 62% Std Select 116% 93% 73% 69% Std NT 144% 115% 93% 84% Pref Tob 94% 65% 63% 65% Std Tob 128% 95% 87% 85% Exhibit C-1 T23 - T27 First Year: 0% Year 2 - End of Level Premium Period: Issue Ages Male 18 - 29 30 - 39 40 - 49 50 - 57 Pref Elite 81% 54% 47% 48% Pref NT 99% 68% 58% 54% Std Select 109% 85% 72% 61% Std NT 131% 109% 95% 74% Pref Tob 97% 70% 67% 64% Std Tob 115% 96% 90% 78% Female 18 - 29 30 - 39 40 - 49 50 - 57 Pref Elite 82% 56% 50% 50% Pref NT 99% 70% 59% 55% Std Select 114% 85% 69% 60% Std NT 139% 10...
Sample 1
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the 2008 VBT ALB S&U rates which have been included at the end of this Exhibit, subject to the percentages shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages will be applied to the reinsurance premiums payable hereunder: First Year: 0% Renewals: Risk Class Duration 2-20 Duration 21+ Gender** Tobacco 0-39 40-59* 00-00 00-00 0-00 00-00* 00-00 00-00 Female NT Residual 115% 102% 88% 90% 92% 80% 67% 59% NT Preferred 97% 83% 72% 70% 78% 65% 55% 46% NT Pref Elite 71% 69% N/A N/A 57% 54% N/A N/A TB Residual 122% 106% 89% 84% 98% 83% 68% 55% TB Preferred 103% 88% 75% 73% 82% 69% 57% 48% Male NT Residual 112% 102% 86% 88% 90% 80% 65% 58% NT Preferred 94% 81% 68% 68% 75% 63% 52% 45% NT Pref Elite 71% 70% N/A N/A 57% 55% N/A N/A TB Residual 120% 103% 86% 81% 96% 80% 65% 53% TB Preferred 99% 86% 71% 71% 79% 67% 54% 47% * For Preferred Elite, issue age 60 (the maximum issue age for that risk class), please use the age 40-59 rate. ** For policies issued on a unisex basis, please use a weighted average of 80% of the applicable male rate and 20% of the applicable female rate, as specified in the 2008 VBT Unisex rates which have been included at the end of this Exhibit. Table Extra Premiums/Multiple Extra Premiums: The Reinsurer shall receive its proportionate share of any extra premiums payable due to additional mortality risk. Table extra premiums are equal to 22.5% of the Standard Non-Nicotine or Standard Nicotine premiums for each assessed table of extra mortality. Where a fractional rating is determined, the multiple extra rating is rounded down to the next lowest whole number for the purposes of calculating the reinsurance premium.
Sample 1
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy by the appropriate set of rates previously attached to this Agreement. Premiums will be payable on a policy year basis, regardless of the premium payment mode under the original insurance, and the Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. Substandard Premiums: Premiums on substandard business will be based on the standard rate increased by an extra 25% per table of assessed rating. Any extra premiums payable on account of additional mortality risk will be payable to the Reinsurer.
Sample 1
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the set of rates included at the end of this Exhibit, subject to the percentages shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages of the 2001 VBT ALB Sex- and Smoker- Distinct Select & Ultimate Rate Tables will be applied to the reinsurance premiums in all years: Issue Ages <70 70-79 >79 Pref Plus NS 41 % 50 % 55 % Pref NS 45 % 55 % 65 % Std NS 57 % 67 % 77 % Smoker 65 % 75 % 91 % Extra Premiums: Any extra premiums payable due to additional mortality risk will be payable to the Reinsurer. Multiple extra premiums are equal to the sum of the standard premium and 25% of the standard premium for each assessed table of extra mortality. The maximum annual reinsurance premium rate per dollar of Net Amount at Risk will be subject to a maximum of 1. Policy Fee: There is no policy fee applicable
Sample 1

Related to Basic Premiums

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Increase in Insurance Premiums If an increase in any insurance premiums paid by Landlord for the Building is caused by Tenant's use of the Premises or if Tenant vacates the Premises and causes an increase in such premiums, then Tenant shall pay as additional rent the amount of such increase to Landlord.

  • Common Area Charges In addition to the rental and other charges herein provided to be paid by Lessee to Lessor, Lessee shall pay to Lessor, as additional rent and as Lessee’s share of the cost of maintaining, operating, repairing and managing the Project, Lessee’s proportionate share (as defined in Section 12) of the Total Common Area Charges (as hereinafter defined) for any calendar year during the Term (the “CAM Amount”). Lessee shall pay Lessor in advance its monthly estimated proportionate share (as described in Section 12) of the CAM Amount, together with all applicable rental taxes due thereon, within ten (10) days after receipt of an invoice from Lessor setting forth Lessor’s estimate of such amount. Within ninety (90) days following the end of each calendar year during the Term or as soon thereafter as is Please Initial: Lessor ¨ Lessee ¨ reasonably possible, Lessor shall furnish Lessee with a statement of all Total Common Area Charges for the Project for the previous calendar year indicating the computation of Lessee’s proportionate share of the CAM Amount for such calendar year and the payments made by Lessee during such calendar year. If Lessee’s aggregate estimated monthly payments actually paid to Lessor for the calendar year are greater than Lessee’s proportionate share of the CAM Amount for such calendar year, Lessor shall promptly pay the excess to Lessee or shall apply the excess to any past due amounts owing from Lessee to Lessor; if the payments made are less than Lessee’s proportionate share, Lessee shall pay the difference to Lessor within ten (10) days of its receipt of such statement. Total Common Area Charges shall consist of all costs and expenses of every type associated with the management, repair, maintenance, and insuring of the Common Areas including, without limitation, costs and expenses for the following: gardening and landscaping; utilities, water and sewer charges; premiums for liability, property damage and casualty insurance and xxxxxxx’x compensation insurance; all personal property taxes levied on or attributable to personal property used in connection with the Common Areas; straight line depreciation on personal property owned by Lessor which is consumed in the operation or maintenance of the Common Areas; rental or lease payments paid by Lessor for rented or leased personal property used in the operation or maintenance of Common Areas; fees for required licenses and permits; refuse disposal charges; repairing, resurfacing, repaving, maintaining, painting, lighting, cleaning, refuse removal, security and similar items; repair and maintenance of exterior roofs and reserves for roof replacement and exterior painting of the Project and other appropriate reserves; and fees paid to property managers. Said Total Common Area Charges shall further include all charges for semi-annual preventive maintenance service of mechanical equipment including, without limitation, heating, ventilating and air conditioning equipment, which is attributable to the Project, and the cost of lighting, maintenance and repair of the Project identification signs.

  • Insurance Costs Any and all insurance charges of or relating to all insurance policies and endorsements deemed by Landlord to be reasonably necessary or desirable and relating in any manner to the protection, preservation, or operation of the Building or any part thereof.

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Premiums The premiums for insurance policies required pursuant to this Article must be paid as a common expense by the Owners' Association.

  • Tenant’s Reimbursement Except as may be specifically provided to the contrary in this Lease, Tenant shall pay to Landlord, upon delivery by Landlord to Tenant of statements therefor: (i) sums equal to expenditures reasonably made and obligations incurred by Landlord in connection with the remedying by Landlord of Tenant’s defaults pursuant to the provisions of Section 26.1; (ii) sums equal to all losses, costs, liabilities, damages and expenses referred to in Article 10 of this Lease; and (iii) sums equal to all expenditures made and obligations incurred by Landlord in collecting or attempting to collect the Rent or in enforcing or attempting to enforce any rights of Landlord under this Lease or pursuant to law, including, without limitation, all reasonable legal fees and other amounts so expended. Tenant’s obligations under this Section 26.2 shall survive the expiration or sooner termination of the Lease Term.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

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