Annual Premium definition

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;
Annual Premium means the premium set by Us and payable for cover under this policy for a full academic year.
Annual Premium means an amount specified in the Schedule, which is payable under annual Premium payment mode, excluding Extra Premium, if any and excluding applicable taxes, cesses and levies, if any;

Examples of Annual Premium in a sentence

  • The Annual Premium Payable for Eligible Products with three (3) years premium term will be computed based on 30% of the first year premium.

  • Riders and loadings are taken into account during computation of the Annual Premium Payable.

  • The premium specified in the Declarations as Minimum Annual Premium is the minimum premium due on this policy for coverage for the full "policy period" specified in the Declarations.

  • For insurance, sector Annual Premium Equivalent (APE) has been used for revenue and Value of New Business (VNB) has been used for PAT Likely to be another strong quarter Antique Sales EBITDA Adj.

  • The named Insured shall pay to the Company in advance annual premium for this professional liability insurance in the amount stated in the Declarations as Annual Premium.


More Definitions of Annual Premium

Annual Premium means the amount of Regular Premium payable by the Policyholder in a Policy Year.
Annual Premium means the premium amount which is specified as "Annual
Annual Premium means one full year’s Premium (including loadings and excluding taxes)
Annual Premium means an amount payable annually in respect of the Members to secure the benefits under the Policy;
Annual Premium means the Premium amount specified in the Schedule, excluding Extra Premium, if any and excluding applicable taxes cesses and levies, if any;
Annual Premium means the amount of Regular Premium payable by the Policyholder in a Policy Year. The Annual Premium will be based on the prevailing Regular Premium under the Policy.
Annual Premium means for any Underwriting Year as respects any calendar period Net Earned Premium during such calendar period in respect of Covered Business written during such Underwriting Period or, at AUL’s option as respects any underwriting transaction that does not generate Earned Premium or for which Earned Premium over a period of twelve months is not a reasonable proxy for cash collected (such as, without limitation, a loss portfolio transfer or an adverse development cover), cash collected on such transaction net of cash retroceded under the ARL Retrocession.