Policy Premiums Sample Clauses

Policy Premiums. BCBSMo and Healthy Alliance mutually agree that, as of the Closing Time, Healthy Alliance shall receive and retain one hundred percent (100%) of the premiums paid by the Policyholders of the Assumed Policies, in consideration of Healthy Alliance's assumption of all of BCBSMo's contractual rights, obligations, liabilities and risks under such Assumed Policies after the Closing Time. All premiums and other receipts on the Assumed Policies (whether in the form of checks, drafts, money orders, postal notes or otherwise) received by any Person allocable to periods after the Closing Time shall be the sole property of Healthy Alliance. BCBSMo shall promptly deliver to Healthy Alliance all premiums and other receipts received by BCBSMo on the Assumed Policies allocable to periods after the Closing Time. All premiums and other receipts delivered shall bear all necessary endorsements required to effect transfer to Healthy Alliance.
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Policy Premiums. The BROKER will be responsible to the GENERAL AGENT and to its companies for all premiums due. Premiums due include the policy premium, state taxes, all tax filing fees, policy and inspection fees and earned premium on any and all binders issued at the request of the broker. Premiums due also include any unearned commissions due the GENERAL AGENT on policies that have been cancelled.
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Policy Premiums. In addition to the Initial Reinsurance Premium, the Reinsurer shall be entitled to all Net Premiums paid after the Effective Date. Each Cedent hereby agrees to promptly credit to each Funds Withheld Account all such Net Premiums in accordance with Article VIII. In order to secure its liabilities to the Reinsurer, each Cedent shall deposit to its respective Funds Withheld Trust Account, promptly following receipt, an amount equal to premiums (and amounts collected on reinstatement) collected on Reinsured Policies and amounts received under the Ceded Reinsurance Agreements and the Other Ceded Reinsurance less any estimated Expense Allowances related to such premiums.
Sample 1
Policy Premiums. The Reinsurer shall be entitled to 75% of all Net Premiums paid after the Effective Date. Each Cedent hereby agrees to promptly credit to each Funds Withheld Account all such Net Premiums in accordance with Article VIII. In order to secure its liabilities to the Reinsurer, each Cedent shall deposit to its respective Funds Withheld Trust Account, promptly following receipt, an amount equal to 75% of premiums (and amounts collected on reinstatement) collected on Reinsured Policies less any estimated Expense Allowances related to such premiums. In respect of policies reinsured under this Agreement with an inception date before the Execution Date, the Cedents agree to deposit 75% of the Net Premiums received before the Execution Date on those policies in the applicable Funds Withheld Trust Account immediately upon the execution of this Agreement.
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Policy Premiums. In addition to the Initial Reinsurance Premium, the Company shall pay to the Reinsurer an amount equal to the Net Premiums recorded by the Company on its books and records in accordance with SAP in connection with the Reinsured Policies from and after the Inception Date (the "Policy Premiums"). "Net Premiums" shall mean (i) gross premiums with respect to the Reinsured Policies less (ii) return premiums with respect to cancellations of Reinsured Policies. Net Premiums may, in any Accounting Period, be a positive or a negative amount.
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Related to Policy Premiums

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Premiums The premiums for insurance policies required pursuant to this Article must be paid as a common expense by the Owners' Association.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Shift Premiums (a) Evening/Night Premium Employees working an evening or night shift where the major portion of hours worked fall within the hours of 1500 and 0800 hours, shall be paid at their regular hourly rate plus a shift premium of $2.10 ($2.75 effective July 1, 2015) per hour for all hours worked.

  • Insurance Reimbursement If you have health insurance, your behavioral health treatments may be covered in whole or in part. The BHCTC will assist you in determining your insurance coverage and will help you fill out any forms needed. Many managed care plans often require an authorization before treatment can begin. You may be required to contact your insurance company to obtain this authorization and/or receive it from your primary care physician. Many managed care plans limit counseling and therapy services to short-term treatment designed to work out specific problems that prevent people from living and working as they normally do. As this is the BHCTC’s model of treatment, this often works out well. Where necessary, we may request more sessions from the managed care plan. In order to do so, we are typically required to complete the insurance company’s forms which may include providing your diagnosis, the reasons you have sought treatment from the BHCTC, the symptoms you are suffering, and how long we believe treatment will or should continue. The information provided will become part of the insurance company’s files. Insurance companies are obligated to keep this information confidential; however, please note that the BHCTC has no control over the handling of this information by the insurance company. If you receive treatment from one of our NJ Licensed Psychologists, your insurance company may request that you authorize the psychologist to disclose certain confidential information in order to obtain insurance coverage benefits for these services. This disclosure can occur only if it is pursuant to a valid authorization and the information is limited to: 1) administrative information (name, age, sex, fees, dates, nature of sessions, etc.); 2) diagnostic information; 3) the status of the patient (voluntary/involuntary; inpatient/outpatient); 4) the reason for continuing psychological services (limited to an assessment of the current level of functioning and the level of distress both rated as mild, moderate, severe or extreme); and 5) a prognosis, limited to the estimated minimal length of treatment. If the Insurance Company has reasonable cause to believe that the psychological treatment in question may not be usual, customary or is unreasonable, it may request an independent review of such treatment by an independent review committee. While a lot can be accomplished in short-term therapy, some people feel they need more services after their insurance benefits end. If this is the case with you, we will discuss what our fees are and the best way for you to arrange payment in order to receive continued treatment. If your insurance company does not allow us to see you after your benefits end, we will be happy to assist you in finding another therapist who will work well with you. It is also important to remember that you always have the right to pay for your treatment yourself to avoid any insurance issues discussed above.

  • Payment of Reinsurance Premiums For automatic and facultative reinsurance, following the close of each calendar month, the Ceding Company will send the Reinsurer a statement and a listing of new business, changes and terminations. If a net reinsurance premium balance is payable to the Reinsurer, the Ceding Company will forward this balance within (60) sixty days after the close of each month. If a net reinsurance premium balance is payable to the Ceding Company, the balance due will be subtracted from the reinsurance premium payable by Ceding Company for the current month. The Reinsurer shall pay any remaining balance due the Ceding Company sixty days after the Ceding Company submits the statement.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax. 6)

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Standard Hazard Insurance and Flood Insurance Policies (a) For each Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers under the related Servicing Agreements to maintain or cause to be maintained standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of the related Servicing Agreements. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance.

  • Insurance Costs (08/19) Contractor shall be financially responsible for all premiums, deductibles, self-insured retentions, and self-insurance.

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