Premium outlay definition

Premium outlay means the amount of premium assumed to be paid by the policy owner or other premium payer out-of-pocket.
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Premium outlay means the amount of premium assumed to be paid by the policy owner or other premium payer out‑of‑pocket.
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Premium outlay means the amount of premium assumed to be
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Examples of Premium outlay in a sentence

  • Not a Bank DepositNo Bank GuaranteeNot FDIC InsuredNot Insured By Any Federal Government Agency Premium outlay is the amount of money assumed to be paid out-of-pocket in addition to any amounts transferred from another insurance company.

  • Premium outlay means the amount of premium assumed to be paid by the policy owner or other premium payer out-of-pocket.

  • The 7-Pay limit shown above has been adjusted for any illustrated 1035 exchange amounts.Policy Issue Information The basic underwriting requirements based on this illustration are: Paramedical, ABC, HOS, ECG, MVR, PFS Premium Outlay Premium outlay is the sum of the periodic payments you plan to make each year.

  • The 7-Pay limit shown above has been adjusted for any illustrated 1035 exchange amounts.Policy Issue Information The basic underwriting requirements based on this illustration are: Paramedical, ABC, HOS, ECG, MVR, IR, PFS Premium Outlay Premium outlay is the sum of the periodic payments you plan to make each year.

Related to Premium outlay

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

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Premium Loading means the additional premium on top of the Standard Premium charged by the Company to the Policy Holder according to the additional risk assessed for the Insured Person.

  • Premium payment plan means a benefit plan whereby school em- ployees may pay their share of group health plan premiums with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 125 or other sections of the Internal Revenue Code.

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • 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.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Insurance premium finance company means a person engaged in the business of

  • Premium Rate has the meaning assigned to such term in the Premium Letter.

  • Reimbursement Amount As defined in Section 2.04.