Basic Premium definition

Basic Premium means the Premium payable periodically under the policy as shown in the Schedule.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Basic Premium means the premium, including a premium paid by virtue of a premium- waiver benefit, less charges (if any) deductible from the premium for rider-benefits;

Basic Premium means the premium for the basic plan and is shown in the Policy Schedule.

Examples of Basic Premium in a sentence

• Beginning on January 1, 2010, the District shall contribute an amount up to the applicable level of plan participation (i.e. one party, two party, or family) and the same Medicare status as elected by the eligible employee or retiree equal to the Bay Area Basic Premium Rates for the PERS HMO Blue Shield Access + or PERS HMO Kaiser Plan, whichever is greater, less the employee and retiree contributions provided for in 5.2B above.

• The District shall contribute an amount up to the applicable level of plan participation (i.e., one party, two party, or family) and the same Medicare status as elected by the eligible employee or retiree, equal to the Bay Area Basic Premium Rates for the PERS HMO Blue Shield Access + or PERS HMO Kaiser Plan, whichever is greater, less the employee and retiree contributions provided for in 5.4B above.

• The District shall contribute an amount up to the applicable level of plan participation (i.e., one party, two party, or family) and the same Medicare status as elected by the eligible employee or retiree, equal to the Bay Area Basic Premium Rates, and effective January 1, 2020, the Region 1 Basic Premium Rates, for the PERS HMO Blue Shield Access + or PERS HMO Kaiser Plan, whichever is greater, less the employee and retiree contributions provided for in 34(B) above.

• This includes the right to promote and sell the work on behalf of the author through channels such as Amazon, Google, or others currently described in the Basic, Premium, Best-Seller or Elite publishing packages.

• The District shall contribute an amount up to the applicable level of plan participation (i.e., one party, two party, or family) and the same Medicare status as elected by the eligible employee or retiree equal to the Bay Area Basic Premium Rates for the PERS HMO Blue Shield Access + or PERS HMO Kaiser Plan, whichever is greater, less the employee and retiree contributions provided for in 10.11(B) above.

More Definitions of Basic Premium

Basic Premium means the Premium payable periodically under the policy.

Basic Premium means the Premium payable periodically under the policy as shown in the Schedule and does not include any extra.

Basic Premium means aggregated amount of advanced deposit premium payable in one or several installments as stipulated in the Policy which is to be paid by the Insured in any case for the period of cover even if the amount of Premium calculated in accordance with Item 5.1, 5.7 is less than the amount of Basic Premium.

Basic Premium means the premium of the Basic Policy you pay regularly while the Policy is in force, which generally depends on the Face Amount selected, the insured’s Issue Age, gender and class of risk, which is subject to premium charge and other applicable fees and charges. However, starting from the 8th Policy Year, if you have ever reduced the Face Amount of the Basic Policy, the Basic Premium is no longer directly dependent on the reduced current Face Amount, and where you choose a new preferred Basic Premium based on a Face Amount in an amount ranging from the reduced current Face Amount up to the Face Amount at inception of the Basic Policy, the Basic Premium will refer to this new preferred Basic Premium.

Basic Premium means that portion of the premium that is based

Basic Premium means a basic premium payable under a plan of universal compulsory automobile insurance established by the corporation under the Act. (« prime de base »)

Basic Premium means the annual premium for the basic plan and is shown in the Policy Schedule. Basic Sum Insured means the sum insured for the basic plan and is shown in the Policy Schedule of this Policy or any subsequent endorsement issued by Us. Business Day means a day on which the Company’s Office is open for normal business in Malaysia. Cancer means Early Stage Cancer or Advanced Stage Cancer as defined under the Benefit Provision. Company’s Office means the Company’s Service Department located in its main office, or as determined by the Company from time to time.