Basic Premium definition

Basic Premium means the Premium payable periodically under the policy as shown in the Schedule.

Basic Premium means the premium, including a premium paid by virtue of a premium- waiver benefit, less charges (if any) deductible from the premium for rider-benefits;

Basic Premium means the Premium payable periodically under the policy.

Examples of Basic Premium in a sentence

• Beneficiaries with ESRD who are enrolled in an MA Plan where an MA Rebate for Part B Premium Reduction or MA Rebate for Part D Basic Premium Reduction is applicable receive these rebate benefits through their enrollment in the Plan, despite the fact that the Part C risk- adjusted payment is not based upon the Plan’s bid.

• Premium Details Basic Premium (Rs.) Extension Premium (Rs.) Total Premium (Rs.) Less: Discount if any (Rs.) Net Premium (Rs.) (Rs. Add: Service Tax* and Education CESS (as applicable) Total Amount (Rs) * Service Tax is subject to change as per change in Tax Laws Note: In the event of dishonour of cheque, this Policy document automatically stands cancelled from inception, irrespective of whether a separate communication is sent or not.

• The Part D Basic Premium Amount reported on the MMR, and included in the formula below, is not necessarily the same as the premium paid by the beneficiary but an amount specifically calculated for use in this payment formula.

• Fractions of miles will be considered as a whole mile.BellSouth Metro Ethernet Service Additional Mileage Charges apply to Basic, Premium and Virtual BellSouth Metro Ethernet Service based on the service’s speed and the total distance associated with the data channel.

• The amount of Basic Premium payable, the frequency at which it must be paid and the due dates for each installment of Basic Premium are stated in the Schedule.

More Definitions of Basic Premium

Basic Premium means the premium for the basic plan and is shown in the Policy Schedule.

Basic Premium means the Premium payable periodically under the policy as shown in the Schedule and does not include any extra.

Basic Premium means that portion of the premium that is based

Basic Premium means aggregated amount of advanced deposit premium payable in one or several installments as stipulated in the Policy which is to be paid by the Insured in any case for the period of cover even if the amount of Premium calculated in accordance with Item 5.1, 5.7 is less than the amount of Basic Premium.

Basic Premium means the appropriate basic premium established pursuant to subsection 5(2);

Basic Premium means the cost for fixed expenses under the retrospective noted Policies (“Basic Premium,” “Company Expense,” or “Company Expense Factor”) shall be calculated as follows:

Basic Premium means a percentage of the "standard premium" and is determined by multiplying the "standard premium" by the "basic premium" factor.