Policy Fees definition
Examples of Policy Fees in a sentence
Life Allowances WP Allowances ADB Allowances Flat Extra Allowances Total Allowances Premium Taxes (if applicable) Total Amount Due = (Total Premium + Policy Fees) - (Total Allowances + Premium Taxes) The premium summary should balance to the Monthly Detail Report.
Policy Fees payable on each Fee Payment Date will be calculated based on a 365-or 366-day year for the actual number of days elapsed and any calendar month ending during a weekend will include the days during such weekend falling in the next calendar month (which days will not be included in the next calendar month).
Policy Fees payable on each Fee Payment Date shall be calculated based on a 365- or 366-day year and the actual number of days elapsed.
Such receipts may include but are not limited to: Profit Sharing Commissions, Net Premiums, advertising reimbursements, proceeds from sale of personal money orders, Gross Premiums for Direct Billed and Agency Billed Policies (e.g. on line payments), loan proceeds, Policy Fees (as defined in 1.2 even though included in the definition of Sales Commissions), Company refunds, supplier refunds, and vendor refunds.
Within sixty (60) days after the end of each Accounting Period, the Reinsurer shall submit to Ceding Company quarterly accounting reports, substantially in the form of Exhibit E - Form of Accounting and Settlement Reports, for each Accounting Period (such reports shall include, but are not limited to, the amounts determined in the manner described in Exhibit D for Reinsurance Premiums, Net Policy Fees and Charges, Reinsurance Claims, and Modified Coinsurance Reserves).