MANUAL PREMIUM definition

MANUAL PREMIUM means the premium computed according to the Experience Rating Plan provided for in the New Jersey Worker’s Compensation and Employer’s Liability Insurance Manual on file with the Commissioner and similar insurance industry rating plans for other lines of coverage.
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MANUAL PREMIUM means the total premium that would be paid in each Fund Year by each Member to the Group pursuant to the rates established by the Massachusetts Rating Bureau if there were no adjustments for the experience or the Discount Amount.
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MANUAL PREMIUM means the actual premium, prior to any experience rating, for the premium year immediately preceding the premium year being rated for claims experience.
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Examples of MANUAL PREMIUM in a sentence

  • MANUAL PREMIUM REVISIONA manual premium revision shall be made in accordance with the following procedures:A.

  • MANUAL PREMIUM REVISIONA manual premium revision shall be made in accordance with the following procedures.A. The effective date of such revision shall be as announced.B. The revision shall apply to any policy or endorsement in the manner outlined in the announcement of the revision.

  • MANUAL PREMIUM REVISIONA manual premium revision will be made in accordance with the following procedures.A. The effective date of such revision will be as announced.B. The revision will apply to any policy or endorsement in the manner described in the announcement of the revision.C. Unless otherwise provided at the time of the announcement of the premium revision, the revision will not affect in-force policy forms, endorsements or premiums, until the policy is renewed.

  • MANUAL PREMIUM REVISIONA manual premium revision, meaning any revision of premium applicable to the Homeowners Program, including changes due to reclassification of a community or district, is made in accordance with the following procedures:A.

  • SPECIFIED PERILS (EXCLUDING COLLISIONOR UPSET)DAMAGE TO PROPERTY REGARDLESS OF THE NUMBER OF CLAIMS ARISINGFROM ANY ONE ACCIDENT.1AMOUNT DEDUCTIBLE ON EACH SEPARATE CLAIM EXCEPT FOR LOSS OR DAMAGE BY FIRE OR LIGHTNING OR THEFT OF THE ENTIRE AUTOMOBILELIMITS 2ANDAMOUNTS 3IN DOLLARS41PREMIUM 2IN3DOLLARS4AS STATED IN SECTION B OF THE POLICYS.E.F. PREMIUMVEHICLE PREMIUMODODMINIMUM RETAINED PREMIUM $THE TOTAL ESTIMATED POLICY PREMIUM IS SUBJECT TO ADJUSTMENT TO THE INSURER’S MANUAL PREMIUM FOR THE RISK.

  • During the Fourth Municipal General Elections, 2010, 1,899 candidates contested elections for 12 municipal councils, out of whom 1,190 candidates were male and 709 female.

  • MANUAL PREMIUM REVISIONA manual premium revision, meaning any revision of premium applicable to the High Value Homeowners Program, including changes due to reclassification of a community or district, is made in accordance with the following procedures:A.

  • MANUAL PREMIUM REVISION A manual premium revision shall be made in accordance with the following procedures:A.

  • The Court of Special Appeals, in Rouse-Fairwood, explained this concept: “Generally, by means of Euclidean zoning, a municipality divides an area geographically into particular use districts, specifying certain uses for each district.

  • For all Title Insurance Filings, insurers must confirm that it offers a reduced mortgage refinance rate based upon actuarially supported rates, filed and approved for use in RI.N/A NARRAGANSETT BAY INSURANCE COMPANY HOMEOWNERS POLICY PROGRAM MANUAL PREMIUM SECTION - BASE PREMIUM COMPUTATION COMPUTATION INSTRUCTIONSThe factors shown in the following examples are for illustration only and are not necessarily the factors shown in the Key Premium/Key Factor pages of this manual.


More Definitions of MANUAL PREMIUM

MANUAL PREMIUM means the premium computed by the Excess Insurance Carrier, by line of coverage as modified by the Trustees to reflect the experience or other applicable item of consideration for the FUND as a whole or any individual member or members.
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MANUAL PREMIUM means the premium computed according to the mandatory merit rating plan for workers' compensation and similar insurance industry rating plans for other lines of coverage.
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MANUAL PREMIUM means the Workers’ Compensation premium computed by applying the manual rates established for appropriate classifications to the appropriate payrolls by classification in accordance with the “Manual” of the ‘Bureau”.
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MANUAL PREMIUM means the aggregate payroll by individual Payroll Classification Code multiplied by the Payroll Classifica- tion Rate.
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MANUAL PREMIUM means a premium determined by multiplying the rates from the manual which are currently applicable to the employer by the total amount of the payroll he reported for the prior fiscal year.
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MANUAL PREMIUM means the premium computed by the Excess Insurance Carrier or Reinsurance Carrier, by line of coverage as modified by the board of trustees to reflect the experience or other applicable item of consideration for the SPELL as a whole or any individual owner group or owner groups.
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Related to MANUAL PREMIUM

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Applicable Premium means, with respect to any Note on any Redemption Date, the greater of:

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Eleventh District Cost of Funds Rate means: (1) the rate equal to the monthly weighted average cost of funds for the calendar month immediately preceding the month in which the particular Interest Determination Date falls as set forth under the caption “11th District” on the display on Moneyline Telerate (or any successor service) on page 7058 (or any other page as may replace the specified page on that service) (“Moneyline Telerate Page 7058”) as of 11:00 A.M., San Francisco time, on that Interest Determination Date; or (2) if the rate referred to in clause (1) does not so appear on Moneyline Telerate Page 7058, the monthly weighted average cost of funds paid by member institutions of the Eleventh Federal Home Loan Bank District that was most recently announced (the “Eleventh District Index”) by the Federal Home Loan Bank of San Francisco as the cost of funds for the calendar month immediately preceding that Interest Determination Date; or (3) if the Federal Home Loan Bank of San Francisco fails to announce the Eleventh District Index on or prior to the particular Interest Determination Date for the calendar month immediately preceding that Interest Determination Date, the Eleventh District Cost of Funds Rate in effect on the particular Interest Determination Date.

  • Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.