Common use of Coverage C Clause in Contracts

Coverage C. A cession rate calculated from the Company’s rates indicated on Schedule One attached to and made part of this Contract shall apply. Within forty five (45) days after the end of each quarter during the Contract Period, the Company shall calculate, report and pay the Reinsurer the reinsurance premium for the Policies covered for this Coverage C. Coverage C shall be disregarded when calculating premium for Coverages A and B.

Appears in 2 contracts

Sources: Reinsurance Contract (Positive Physicians Holdings,inc.), Reinsurance Contract (Positive Physicians Holdings,inc.)