Back Premium definition
Back Premium means the total amount of premiums due on a Converted Policy (or the scheduled premium amounts for Converted Policies with flexible premium payments) that was not billed, collected, or applied to a Converted Policy while the Converted Policy was in Conversion-Related Restricted Status.
Examples of Back Premium in a sentence
Standby., Call Back Premium Weekend Premium Meal Allowance Transportation Allowance Responsibility Pay..
Pregnancy Leave Parental Leave Full-time Union Office Other Union Leaves Personal Leave Leave ARTICLE OF WORK Time Off Between Shifts Weekends Off ARTICLE PAYMENTS Definition of Regular Straight Time Rate of Pay Overtime Call Back Premium Responsibility Outside the Bar Unit Pay During Temporary Transfer Time.