Total Premium definition
Examples of Total Premium in a sentence
The Total Premium shown on the schedule includes Insurance Premium Tax (IPT) and administration charges which are negotiated under a separate contract.
Total Premium paid into the Contract reduced by withdrawals of Premium before the withdrawal is adjusted for any MVA.
Individual Exchange Medical Policy ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Policy Number - [▇▇▇-▇▇▇-▇▇▇] Total Premium - [$XXXX.XX] Policyholder - [▇▇▇▇ ▇▇▇] Premium Mode - [Monthly] [Quarterly] Effective Date - [Month Day, Year] Your Schedule of Benefits and Policy are provided in the pages that follow.
Total Premium paid into the Contract reduced by withdrawals of Premium before the withdrawal is adjusted for any charges, including Withdrawal Charges.
Life Allowances WP Allowances ADB Allowances Flat Extra Allowances Total Allowances Premium Taxes (if applicable) Total Amount Due = (Total Premium + Policy Fees) - (Total Allowances + Premium Taxes) The premium summary should balance to the Monthly Detail Report.