Premiums definition

Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.
Premiums means an amount stated in the Policy Schedule, payable by You to Us for every Policy Year by the due dates, and in the manner stated in the Policy Schedule, to secure the benefits under this Policy, excluding applicable taxes and levies;
Premiums when expressed in relation to a wage rate refers to the straight-time wage rate, and (for greater clarity) wage-related premiums do not "pyramid" on other forms of wage-related premiums.

Examples of Premiums in a sentence

  • Insurance Company Expenses include: (1) the total outstanding Aggregate Premium; (2) the finance charge set forth below; and (3) a fee for any checks for payment of Premiums that are returned to Insurance Company for insufficient funds, closed accounts, or any other reason; and (4) any expenses reasonably incurred in recovering the amount owed to the Insurance Company including attorney’s fees.

  • They may be reinstated if they subsequently enroll and pay the applicable Premiums within the enrollment period for Continuation Coverage specified by law.

  • This applies to the amount of any Aggregate Premiums not remitted to the Insurance Company on or before the first day of any billing period after the expiration of the Grace Period.

  • The Insurance Company may also change the Premiums on a quarterly basis, based on scheduled trend increases or additional rate changes allowed by the state regulatory authority.

  • In the event of termination or addition of a subsidiary, operation or class of Subscribers Covered by the Insurance Company, the Insurance Company may change the Premium amounts as noted above The Group may reject any revised Premium by terminating this Policy as of the date that the revised Premiums would become effective.


More Definitions of Premiums

Premiums means amounts or considerations (by whatever name called) received
Premiums means premiums, considerations, loan repayments, deposits, policy fees, payments and similar amounts collected by or on behalf of the Ceding Company in respect of the Reinsured Policies.
Premiums means premiums, rates, dues, or other required contributions by whatever name known, which are payable under the certificate.
Premiums means premiums, considerations, deposits, and all charges, fees and similar receipts, including management fees, marketing and distribution fees, cost of insurance charges, premium loads, record-keeping fees, policy loan fees, mortality and expense risk charges, administrative expense charges, rider charges, contract maintenance charges, back-end sales loads and other considerations billed separately and any revenue-sharing or other payments paid or payable to the Ceding Company or any of its Affiliates by any mutual fund organization attributable to the use of such organization’s mutual funds as funding vehicles to the extent attributable to the Business Reinsured. Premiums shall exclude fees paid to the Ceding Company as part of a request to assign a Structured Settlement Business contract.
Premiums means premiums, rates, dues or other required contributions by whatever name known, which are payable under the certificate.
Premiums means an amount stated in the Policy Schedule, payable by you to us for every Policy Year by the due dates, and in the manner stated in the Policy Schedule, to secure the benefits under this Policy, excluding service tax or any other taxes, cesses or levies;
Premiums is defined in Section 3.1.