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.
Sample 1Sample 2
Premium outlay means the amount of premium assumed to be
Sample 1

Examples of Premium outlay in a sentence

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

  • The Associate or Designated Agent shall, upon written request from a dependent contractor who is presently insured by the Associate or Designated Agent, provide details on the following: Premium outlay of the dependent contractor; Deductible amounts contained in the policy; Request insurer to provide accident records and claims history.

Related to Premium outlay

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

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

  • Premium Rate means the rate charged to an eligible group or eligible individual for a small group health plan.[PL 1991, c. 861, §2 (NEW).]

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.