Policy Fee definition

Policy Fee shall have the meaning set forth in Section 2.4.
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Policy Fee. Not shared with reinsurer .. Rate applies on facultative cases up to: Ages Std-Table 8 Tables 9-12 Tables 13-16 ----- ------------ ----------- ------------ 0-65 $17,000,000 $13,000,000 $10,000,000 66-75 17,000,000 6,000,000 3,000,000 76-80 8,000,000 0 0 81+ 0 0 0 .. Inforce and applied for limit on facultative cases: $30,000,000 REVISED AUTOMATIC AND FACULTATIVE REINSURANCE PROPOSAL Presented to: GE Life and Annuity Assurance Company Plans Covered: Commonwealth SL Joint Survivor Variable UL Type of Reinsurance: Yearly Renewable Term Date: June 16, 1999
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Policy Fee means the amount deducted monthly by Dai-ichi Life Vietnam in order to cover the costs of policy administration and maintenance as well as providing policy related information to the Policy Owner.
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Examples of Policy Fee in a sentence

  • Other FeesTrading Fees apply to all guarantee options and sales charge options and are paid to Manulife.Fee What you payFrequent Trading Fee 2% of the value of units you trade for switches exceeding 5 per year.Early Withdrawal Fee 2% of the value of units you sell or transfer within 90 days of buying them.Small Policy Fee $100 annual fee is applied to IncomePlus with a GWB Benefit Base that is below the initial deposit minimum.

  • Policy Fee Allowance This field contains the reinsurance policy fee allowance.

  • Modal Factors: Annual = 1.00000 Add a One-Time Policy Fee of $25Semi-annual = 0.50000Quarterly = 0.25000Monthly = 0.08333A household resident premium discount factor of .93 will be given if another person 18 years or older resides with the applicant (where applicable).

  • In this event the TENANT will be charged a Landlord Required Insurance Policy Fee of $12.00 per month and this shall be deemed to be additional RENT under the Lease and immediately due and payable by TENANT to LANDLORD.

  • NFIP premiums also include other charges, such as a Federal Policy Fee, a Reserve Fund assessment, and a surcharge to help fund the NFIP.

  • Covered costs include premiums, surcharges (including the surcharge for ICC coverage and the HFIAA surcharge), and the Federal Policy Fee.

  • The Federal Policy Fee (FPF) was authorized by Congress in 1990 and helps pay for the administrative expenses of the program, including floodplain mapping and some of the insurance operations.

  • The Federal Policy Fee and Probation Surcharge (if applicable) are not subject to calculation of return premiums.

  • The Federal Policy Fee in effect at the time the MPPP policy is written must be used.

  • First, the Federal Policy Fee (FPF) was authorized by Congress in 1990 and helps pay for the administrative expenses of the program, including floodplain mapping and some of the insurance operations.30 The amount of the Federal Policy Fee is set by FEMA and can increase or decrease year to year.


More Definitions of Policy Fee

Policy Fee has the meaning given to it in clause 6 and Schedule 2;
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Policy Fee means a charge by an insurer to recognize the nonrecurring expenses associated with the issuance of a new policy of insurance.
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Policy Fee. There is no policy fee applicable.
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Related to Policy Fee

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Agency Fee means the fee payable by the Partner to Bolt per every event of sale of the Partner’s Goods through the Bolt Food Platform for the provision of agency services to the Partner. Agreed Percentage is the percentage agreed in the Special Terms that serves as the basis for the calculation of the Agency Fee.

  • Policy summary means a synopsis describing the elements of a life insurance policy.

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a, Impact Fees Act.

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Reimbursement insurance policy means a policy of insurance

  • Contingent fee as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Hire Fee the hire fee specified in Item 13.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Agency Fees On each order accepted by us for a Fund with a sales charge, we understand that you will charge your customer an agency commission or agency transaction fee ("agency fee") as set forth in the schedule of sales concessions and agency fees set forth in that Fund's Prospectus, as it may be amended from time to time. This fee shall be subject to the provisions of all terms set forth in the Prospectus for volume purchases and special plans and accounts (e.g. retirement plans, letter of intent, etc.). You will not receive from us a dealer's concession or similar allowance out of the sales charge. The agency fee will not exceed the maximum limits on sales charges specified in Rule 2830 of the Conduct Rules of the National Association of Securities Dealers, Inc. (the "NASD") regardless of whether you are a member of the NASD or not. You will not accept or withhold any fee otherwise allowed under the terms of this Agreement, for any shares purchased under this Agreement, if prohibited by the Employee Retirement Income Security Act or trust or similar laws to which you are subject, in the case of purchases or redemptions of Fund shares involving retirement plans, trusts or similar accounts. You may elect to make payments for Fund shares in either of two ways: (a) you may send us the public offering price for the Fund shares purchased less the amount of the agency fee due you, or (b) you or your customer may send us the entire public offering price for the Fund shares and we will, on a periodic basis, remit to you the agency fee due. You will specify in writing the method of payment you elect (See NOTICES AND COMMUNICATIONS Section below). If any shares sold to your customer under the terms of this Agreement are repurchased by the Fund or by us, or are tendered to a Fund for redemption or repurchase, within seven (7) business days after the date of the confirmation of the original purchase order, you will promptly refund to us the full agency fee paid or allowed to you on such shares. This Section shall not apply to the extent that you or your customer is qualified to buy, and is buying, shares at net asset value.

  • contingency fee means any payment or other compensation that is contingent upon or is calculated upon the basis of a degree of success in soliciting or obtaining a Government contract or negotiating the whole or any part of its terms;

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Policy Matrix means the policy matrix as agreed between the Borrower and ADB which sets forth the actions to be taken by the Borrower under the Program;

  • Policy Date means the date on which the Search Report was prepared.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;