FHCF reimbursement premium definition

FHCF reimbursement premium means the premium paid by

FHCF reimbursement premium means the premium paid by 918 an insurer for its coverage as a mandatory participant in the 919 FHCF, but does not include additional premiums for optional

FHCF reimbursement premium means the premium paid by an in- surer for its coverage as a mandatory participant in the FHCF, but does not include additional premiums for optional coverages.

Examples of FHCF reimbursement premium in a sentence

• The Company’s increased coverage shall be the FHCF reimbursement premium multiplied by the TICL multiple.

• The denominator of the retention multiple is the projected total FHCF reimbursement premium assuming all participating insurers have selected the 90% coverage option.

• The Company's increased coverage shall be the FHCF reimbursement premium multiplied by the TICL multiple.

• A small on balance factor is applied so that the final rates will produce the indicated FHCF reimbursement premium levels by type of business.

• Actual factor = Preliminary Factor A small on balance factor is applied so that the final rates will produce the indicated FHCF reimbursement premium levels by type of business.

• By selecting an option below (initial the applicable box), the Company is selecting its proportionate share based on its mandatory FHCF reimbursement premium to the total mandatory FHCF reimbursement premiums paid by all Companies of the layer of optional coverage.

• The total of these two multiples shall represent a number that, when multiplied by an insurer’s mandatory FHCF reimbursement premium under the Reimbursement Contract, defines the Company’s total limit of FHCF reimbursement coverage for the Contract Year under the Reimbursement Contract and Addendum No. 2.

• The Company’s TEACO premium shall be calculated based on its share of the mandatory FHCF reimbursement premium.

• The TEACO retention multiple for each TEACO coverage option shall be calculated by dividing $3 billion, $4 billion, or $5 billion by the total estimated mandatory FHCF reimbursement premium assuming all insurers selected the 90% coverage option.

• The total of these two multiples shall represent a number that, when multiplied by an Company's mandatory FHCF reimbursement premium under the Reimbursement Contract, defines the Company's total limit of FHCF reimbursement coverage for the Contract Year under the Reimbursement Contract and Addendum No. 1.