SUBSTANDARD ANNUAL REINSURANCE PREMIUMS Sample Clauses

SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. Substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ============================ ================================== Rating Class Factor ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- A 1.40 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- B 1.65 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- C 1.90 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- D 2.25 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- E 2.75 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- F 3.25 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- G 3.75 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- H 4.50 ============================ ==================================
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SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class.
Sample 1Sample 2Sample 3See All (5)
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. Substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ================================================ Rating Class Factor ------------------------------------------------ A 1.40 ------------------------------------------------ B 1.65 ------------------------------------------------ C 1.90 ------------------------------------------------ D 2.25 ------------------------------------------------ E 2.75 ------------------------------------------------ F 3.25 ------------------------------------------------ G 3.75 ------------------------------------------------ H 4.50 ================================================
Sample 1Sample 2See All (5)
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. Note that this is the total premium rate, including both the base and substandard extra premium rates. The factors are as follows: VUL 2004/ProFunds Rating Class Expected Mortality Factor A 130-150% 1.40 B 151-175% 1.65 C 176-200% 1.90 D 201-250% 2.25 E 251-300% 2.75 F 301-350% 3.25 G 351-400% 3.75 H 401-500% 4.50
Sample 1See All (5)
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard annual reinsurance premiums per $1,000 will be the product of the standard annual reinsurance premiums per $1,000 and the factor for the appropriate rating class as follows: Y-MPVUL-2003-TOLIC (PRUCO’S 50%) – PLAZ 3/21/2007 Special Class Factor A 1.40 B 1.65 C 1.90 D 2.25 E 2.75 F 3.25 G 3.75 H 4.50
Sample 1

Related to SUBSTANDARD ANNUAL REINSURANCE PREMIUMS

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

  • Payment of Reinsurance Premiums For automatic and facultative reinsurance, following the close of each calendar month, the Ceding Company will send the Reinsurer a statement and a listing of new business, changes and terminations. If a net reinsurance premium balance is payable to the Reinsurer, the Ceding Company will forward this balance within (60) sixty days after the close of each month. If a net reinsurance premium balance is payable to the Ceding Company, the balance due will be subtracted from the reinsurance premium payable by Ceding Company for the current month. The Reinsurer shall pay any remaining balance due the Ceding Company sixty days after the Ceding Company submits the statement.

  • 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 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:

  • 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.

  • Forced-Placed Insurance Premiums No contract relating to any Receivable has had forced-placed insurance premiums added to the amount financed.

  • 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.

  • Insurance Reserves Lender may require Grantor to maintain with Lender reserves for payment of insurance premiums, which reserves shall be created by monthly payments from Grantor of a sum estimated by Lender to be sufficient to produce, at least fifteen (15) days before the premium due date, amounts at least equal to the insurance premiums to be paid. If fifteen (15) days before payment is due, the reserve funds are insufficient, Grantor shall upon demand pay any deficiency to Lender. The reserve funds shall be held by Lender as a general deposit and shall constitute a non-interest-bearing account which Lender may satisfy by payment of the insurance premiums required to be paid by Grantor as they become due. Lender does not hold the reserve funds in trust for Grantor, and Lender is not the agent of Grantor for payment of the insurance premiums required to be paid by Grantor. The responsibility for the payment of premiums shall remain Grantor's sole responsibility.

  • REINSURANCE COVERAGE Reinsurance under this Agreement will apply to insurance issued by the Ceding Company on the Plans of Insurance shown in Schedule A. Such Plans of Insurance shall be reinsured with the Reinsurer on an automatic basis, subject to the requirements set forth in Section A below, or on a facultative basis, subject to the requirements set forth in Section B below, or on a facultative obligatory basis, subject to the requirements set forth in Section C below. The specifications for all reinsurance under this Agreement are provided in Schedule B.

  • Hazard Insurance Deductible Except as a greater amount may be required by an applicable law, each Hazard Insurance deductible may not exceed FNMA or FHLMC's required deductible.

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