Retail Premium definition

Retail Premium means the premium paid or payable by the Policyholder including IPT.
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Retail Premium means the excess (if any) of the Clearing Price over the Offer Price;
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Examples of Retail Premium in a sentence

  • Where We charge a fee in connection with policy placement, We will confirm this to You at the point of quotation and this will form part of the overall Retail Premium settlement.

  • Where We charge a fee in connection with policy placement We will confirm this to You at the point of quotation and this will form part of the overall Retail Premium settlement.

  • You shall pay Us the full amount of Retail Premium in respect of General Insurance policies sold pursuant to this Agreement, and settlements shall be made as outlined in Appendices B and C.

  • You shall pay Us the full amount of Retail Premium in respect of General Insurance policies sold pursuant to this Agreement, and settlements shall be made within 30 days from inception / renewal.

  • PREMIUM – MISCELLANEOUS Where it is not possible for a final Retail Premium to be calculated the Insurer shall notify the Broker of a provisional Retail Premium which it shall collect from the Policyholder.

  • The entities supported by the service will appear in the [ Services ] window upon success.

  • Any other arrangement made by the Broker to collect Retail Premium payable by instalments shall be at the Broker’s own risk and the Broker shall be responsible for the payment of all sums due to the Insurer.

  • The Insurer does not grant risk transfer in respect of Retail Premium, Retail Premium refunds or claims monies.

  • When applicable, Retail Premium also includes any service fees, whether billed per unit of coverage, per covered individual, per type of coverage, or otherwise.

  • The provisional Retail Premium will appear on the Broker’s statement of account.