Premium Mode definition

Premium Mode means the frequency of Premium payment as agreed with us from time to time.
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Premium Mode means features covered by a Subscription.
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Premium Mode means the frequency of Premium payment as specified on the Policy Schedule, which cannot be changed within the Policy Term.
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Examples of Premium Mode in a sentence

  • Reinsurance premiums are payable as specified in the Premium Mode provision of Exhibit C-1.

  • Individual Exchange Medical Policy ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Policy Number - [▇▇▇-▇▇▇-▇▇▇] Total Premium - [$XXXX.XX] Policyholder - [▇▇▇▇ ▇▇▇] Premium Mode - [Monthly] [Quarterly] Effective Date - [Month Day, Year] Your Schedule of Benefits and Policy are provided in the pages that follow.

  • Premium Mode: Annually in Advance, with refund or unearned premium on lapse or death.

  • Premium Mode: |_| Annual |_| Semi-Annual |_| Quarterly |_| System-Matic (Complete S-M form) G.

  • Contract Number: [123456] Contract Date: [January 1, 2010] Owner: [▇▇▇▇ ▇▇▇] Annuitant: [▇▇▇▇ ▇▇▇] Annuitant’s Issue Age: [35] Annuitant’s Sex: [M] Maturity Date: [January 1, 2089] Initial Premium: [$20,000] Planned Premium Mode: [Annual] Planned Premium Amount: [$4,000] Minimum Contract Value Allowed: $2,000 Minimum Guaranteed Interest Rate (MGIR): [1.5%]* Index used in MVA calculation: [The BofA ▇▇▇▇▇▇▇ ▇▇▇▇▇ 5-7 Year US Corporate Index (C3A0)] *Applies to Minimum Guaranteed Surrender Value only.

  • The amount and Premium Mode of the Planned Premium on the Issue Date are shown on the Policy Data Page.

  • You may request a change in the amount and Premium Mode of the Planned Premium, by Proper Notice, at a maximum of once per year.

  • Individual Exchange Medical Policy ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Policy Number - [▇▇▇-▇▇▇-▇▇▇] Total Premium - [$XXXX.XX] Policyholder - [▇▇▇▇ ▇▇▇] Premium Mode - [Monthly] [Quarterly] Effective Date - [Month Day, Year] SAMPLE Your Schedule of Benefits and Policy are provided in the pages that follow.

  • Reinsurance premiums are payable as specified in the Premium Mode provision of Exhibit C-1 and Exhibit C-2.

  • The Initial Premium Mode shown in Section 1 will apply for all premiums unless you make a written request to change to a different Premium Mode also shown in Section 1.


More Definitions of Premium Mode

Premium Mode. Annual in Advance
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Premium Mode means the frequency with which premiums are paid. The total modal premium amounts are shown in Section 1.
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Related to Premium Mode

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Premium service means programming choices (such as movie Channels, pay-per-view programs, or video on demand) offered to Subscribers on a per-Channel, per-program or per- event basis.