Examples of Premium in a sentence
The mortgage rate (exclusive of any default interest, late charges, Yield Maintenance Charge or Prepayment Premium) of such Mortgage Loan complied as of the date of origination with, or was exempt from, applicable state or federal laws, regulations and other requirements pertaining to usury.
Premium overtime pay is defined as any rate of pay for hours worked in excess of normal working hours.
We will not refund any unutilised Premium when the policy is ended/terminated.
During the grace period, in the event you are receiving an Advance Premium Tax Credit, the Plan will: • Pay all appropriate claims for services rendered during the first month of the grace period and may pend claims for services rendered in the second and third months of the grace period; • Notify the Department of Health and Human Services of such non-payment; and • Notify Providers of the possibility of denied claims during the second and third months of your grace period.
If you are not receiving a Premium Tax Credit under the Affordable Care Act, you and your covered Dependents, if applicable, may apply for reinstatement of coverage by sending in the appropriate premium due no later than 60 days after termination for nonpayment of premium.