Risk Premium Rates definition

Risk Premium Rates means those rates established by the Administrator pursuant to individual community studies and investigations which are undertaken to provide flood insurance in accordance with Section 1307 of the National Flood Disaster Protection Act of 1973 and the accepted actuarial principles. "Risk premium rates" include provisions for operating costs and allowances.
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Risk Premium Rates means those rates established by the Administrator pursuant to individual community studies and investigations, which are undertaken to provide flood insurance in accordance with Section 1307 of the National Flood Disaster Protection Act
Sample 1

Examples of Risk Premium Rates in a sentence

  • Unless specifically defined below, words or phrases used in this Chapter shall be interpreted so as to give them the same meaning they have in common usage and to give this Chapter its most reasonable application.ACCESSORY STRUCTURE — The same as "Appurtenant Structure." ACTUARIAL RATES — See "Risk Premium Rates." ADMINISTRATOR — The Federal Insurance Administrator.AGENCY — The Federal Emergency Management Agency (FEMA).

Related to Risk Premium Rates

  • Contract Month means the expiry month January, February, March, April, May, June, July, August, September, October, November, .

  • Maximum Rate shall have the meaning assigned to such term in Section 9.09.

  • Reference Interest Rate Replacement Adjustment means the first alternative set forth in the order below that can be determined by the Issuer or its designee as of the Reference Interest Rate Replacement Date: