Net book premium definition

Net book premium means the premium amount established by FCIC for eligible crop insurance contracts in accordance with section 508(d)(2) of the Act (7 U.S.C. § 1508(d)(2)), less any amount for A&O subsidy.
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Net book premium means the premium amount established by FCIC for eligible livestock price insurance contracts in accordance with section 508(d)(2) of the Act (7
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Net book premium means the total premium as determined in section IV.B.7. calculated for all eligible livestock price insurance contracts, less A&O subsidy, cancellations, adjustments and administrative fees.
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More Definitions of Net book premium

Net book premium means the premium calculated in accordance with
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Net book premium means the total premium calculated for all eligible crop insurance contracts, less A&O subsidy, cancellations, and adjustments.
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Net book premium means total premium payable by the policyholder plus the FCIC premium subsidy, less cancellations and adjustments.
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Net book premium means the premium calculated in accordance with section IV.(b)(8) totaled for all eligible crop insurance contracts, less A&O subsidy, CAT LAE, cancellations, adjustments, and administrative fees.
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Related to Net book premium

  • Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Net earned premium as used herein is defined as the Company's gross earned premium collected on the classes of business subject to this Contract, less only the earned portion of premiums, if any, ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends incurred.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile