SUBSTANDARD ANNUAL REINSURANCE PREMIUMS Sample Clauses

SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. Substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ============================ ================================== Rating Class Factor ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- A 1.40 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- B 1.65 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- C 1.90 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- D 2.25 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- E 2.75 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- F 3.25 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- G 3.75 ---------------------------- ---------------------------------- ---------------------------- ---------------------------------- H 4.50 ============================ ==================================
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SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. Substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ================================================ Rating Class Factor ------------------------------------------------ A 1.40 ------------------------------------------------ B 1.65 ------------------------------------------------ C 1.90 ------------------------------------------------ D 2.25 ------------------------------------------------ E 2.75 ------------------------------------------------ F 3.25 ------------------------------------------------ G 3.75 ------------------------------------------------ H 4.50 ================================================
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SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class.
Sample 1Sample 2Sample 3See All (5)
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. The factor is a product of the 90% substandard adjustment percentage and the substandard mortality multiple for the rating class. Note that this is the total premium per $1000, including both the base and substandard extra premium rates. The factors are as follows: Special Class Substandard Mortality Multiplier A 1.40 B 1.65 C 1.90 D 2.25 E 2.75 F 3.25 G 3.75 H 4.50
Sample 1
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard annual reinsurance premiums per $1,000 will be the product of the standard annual reinsurance premiums per $1,000 and the factor for the appropriate rating class as follows: Y-MPVUL-2003-TOLIC (PRUCO’S 50%) – PLAZ 3/21/2007 Special Class Factor A 1.40 B 1.65 C 1.90 D 2.25 E 2.75 F 3.25 G 3.75 H 4.50
Sample 1
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. Note that this is the total premium rate, including both the base and substandard extra premium rates. The factors are as follows: VUL 2004/ProFunds Rating Class Expected Mortality Factor A 130-150% 1.40 B 151-175% 1.65 C 176-200% 1.90 D 201-250% 2.25 E 251-300% 2.75 F 301-350% 3.25 G 351-400% 3.75 H 401-500% 4.50
Sample 1
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class. The factor is a product of the 90% substandard adjustment percentage and the substandard mortality multiple for the rating class. Note that this is the total premium per $1,000, including both the base and substandard extra premium rates. The factors are as follows: Special Class Substandard Mortality Multiplier A 1.40 B 1.65 C 1.90 D 2.25 E 2.75 F 3.25 G 3.75 H 4.50
Sample 1
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Related to SUBSTANDARD ANNUAL REINSURANCE PREMIUMS

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

  • 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.

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

  • 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:

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

  • Increase in Insurance Premiums If an increase in any insurance premiums paid by Landlord for the Building is caused by Tenant's use of the Premises or if Tenant vacates the Premises and causes an increase in such premiums, then Tenant shall pay as additional rent the amount of such increase to Landlord.

  • 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)

  • Insurance Reserves Lender may require Grantor to maintain with Lender reserves for payment of insurance premiums, which reserves shall be created by monthly payments from Grantor of a sum estimated by Lender to be sufficient to produce, at least fifteen (15) days before the premium due date, amounts at least equal to the insurance premiums to be paid. If fifteen (15) days before payment is due, the reserve funds are insufficient, Grantor shall upon demand pay any deficiency to Lender. The reserve funds shall be held by Lender as a general deposit and shall constitute a non-interest-bearing account which Lender may satisfy by payment of the insurance premiums required to be paid by Grantor as they become due. Lender does not hold the reserve funds in trust for Grantor, and Lender is not the agent of Grantor for payment of the insurance premiums required to be paid by Grantor. The responsibility for the payment of premiums shall remain Grantor's sole responsibility.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • Insurance Carrier Rating Coverages provided by Contractor must be underwritten by an insurance company deemed acceptable to the State of Washington’s Office of Risk Management. Insurance coverage shall be provided by companies authorized to do business within the State of Washington and rated A- Class VII or better in the most recently published edition of Best’s Insurance Rating. Enterprise Services reserves the right to reject all or any insurance carrier(s) with an unacceptable financial rating.

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