Total Estimated Premium Amount definition
Examples of Total Estimated Premium Amount in a sentence
This Policy will be effective as of the date indicated after the Insurance Company accepts the Application and accepts the Total Estimated Premium Amount.
The Total Estimated Premium Amount is an estimate of that amount of money necessary to fund the required Premiums to cover the total number of Members whom the Group estimates will enroll for Insurance Company Coverage under the Policy.
To begin Coverage, the Group must pay the Total Estimated Premium Amount to the Insurance Company.
The Coverage will not begin until the Insurance Company receives the Total Estimated Premium Amount.
Payment of the Total Estimated Premium Amount and execution of the Application is acceptance of this Policy.
After payment of the Total Estimated Premium Amount, subsequent payments have a grace period of 31 days following the Premium due date (the “Grace Period”).
The Group’s execution of the Application and payment of the Total Estimated Premium Amount will be its acceptance of this Policy.
After payment of the Total Estimated Premium Amount, subsequent payments have a grace period of 30 days following the Premium due date (the “Grace Period”).
After payment of the Total Estimated Premium Amount, subsequent payments have a grace period of 31 GD\V IROORZLQJ WKH 3UHPLXP GXH GDWH The Aggregate Premium may be paid to the Insurance Company during that Grace Period without causing termination of the Policy.
To begin Coverage, the Group must pay the Total Estimated Premium Amount to the Plan.