Insurance Cost definition

Insurance Cost means, with respect to a Participant, the annual cost for the Participant's Coverage Amount determined pursuant to the Insurance Cost schedule maintained by the Plan Administrator. The Insurance Cost for a Participant shall be determined at the time of the Participant's enrollment in the Plan, based on the Participant's Coverage Amount and Enrollment Age, and shall not change thereafter. A smoker rate shall be used to determine the Insurance Cost for any Participant who is deemed a smoker by the Insurer; a nonsmoker rate shall be used for all other Participants. A change in the Insurance Cost schedule will be effective only as to Plan enrollments occurring after the effective date of the change; it shall not affect the Insurance Cost for a Participant with respect to any Coverage Amount in effect for the Participant prior to the effective date of the change. If a Participant's coverage is in effect for a period of less than twelve (12) months during any Policy Year, the Participant's Insurance Cost for that year shall be determined by multiplying the annual cost as determined from the Insurance Cost schedule by a fraction, the numerator of which is the number of full months that the coverage is in effect and the denominator of which is twelve (12).

Insurance Cost means the cost to the Supplier

Insurance Cost means the cost of insuring a motor vehicle per year divided by the number of miles an average motor vehicle is driven per year.

Examples of Insurance Cost in a sentence

• The term "Insurance Cost Increase" shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building.

• AWARD OF DISPUTE RESOLUTION PROFESSIONAL I, THE UNDERSIGNED DISPUTE RESOLUTION PROFESSIONAL (DRP),designated by the American Arbitration Association under the Rules for the Arbitration of No-Fault Disputes in the State of New Jersey, adopted pursuant to the 1998 New Jersey “Automobile Insurance Cost Reduction Act” as governed by N.J.S.A. 39:6A-5, et.

• Third Party Health Insurance Cost Avoidance Claims Amount by Carrier b.

• Insurance Cost Increase shall include, but not be limited to, requirements of the holder of a mortgage or deed of trust covering the Premises, Building and/or Project, increased valuation of the Premises, Building and/or Project, and/or a general premium rate increase.

• The term Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other tenant of the Building.

More Definitions of Insurance Cost

Insurance Cost means the amount paid by STI during the specified period as product liability insurance premiums relating to the Products, expressed in dollars per unit of Regular Products to be delivered during such period as forecast by Center pursuant to Section 3.2; provided, however, that in the event the amount so calculated is less than $.24 per unit, the Insurance Cost shall be the amount so calculated plus one-half the amount by which $.24 exceeds such amount.

Insurance Cost means such costs as may be incurred by the Company on behalf of the Client in assisting with the arrangement of insurance cover for the Client in respect of the Property, its contents or otherwise;

Insurance Cost means in respect of any period for which the same is required to be calculated the aggregate of the amount which the Landlord shall have reasonably and properly expended:

Insurance Cost means the cost paid, to be paid or that otherwise would be payable by TCG or any of its Subsidiaries to secure the Insurance Policy.

Insurance Cost. Means in respect of any period for which the same is required by the Landlord to be calculated the aggregate of the amount which the Landlord may expend:

Insurance Cost means all the money which the Landlord properly spends on:

Insurance Cost means, for any fiscal period, the total cost to the Landlord calculated in accordance with generally accepted accounting principles, for insuring the Complex.