Continuation premium definition

Continuation premium means the premium that is periodically paid to maintain in-force a policy that is written on a continuous basis.
Continuation premium means the premium that shall be periodically paid to maintain in-force a policy that is written on a continuous basis.

Examples of Continuation premium in a sentence

  • The Strike Continuation premium percentage is 120% of the Premium Rate.

  • The Strike Continuation premium percentage is 100% of the Premium Rate.Annual Earnings based on: Earnings in effect on your last full day of Active Work.

  • The Strike Continuation premium percentage is 120% of the Premium Rate.Insurance Eligible For Portability: For you:Life Insurance: YesMinimum combined amount: $10,000 Maximum combined amount: $500,000AD&D Insurance: Yes Minimum combined amount: $10,000 Maximum combined amount: $500,000Annual Earnings based on: Earnings in effect on your last full day of Active Work.

  • The Strike Continuation premium percentage is 120% of the Premium Rate.Insurance Eligible For Portability: For you:Life Insurance: YesMinimum combined amount: $10,000 Maximum combined amount: $500,000For you:AD&D Insurance: Yes Minimum combined amount: $10,000 Maximum combined amount: $500,000Annual Earnings based on: Earnings in effect on your last full day of Active Work.

  • Significant Accounting Policies (Continuation) premium income, allowing for lapses, terminations and anticipated investment income.

  • The Company will pay for Employee’s Health Care Benefits Continuation premium pursuant to section 4980B of the Internal Revenue Code of 1986, as amended (“COBRA”) for a period of six (6) months (through September 30, 2013) at the rate required to continue his current health care coverage.

  • The Strike Continuation premium percentage is 100% of the Premium Rate.

  • The Strike Continuation premium percentage is 100% of the Premium Rate.Annual Earnings based on: Earnings in effect on your last full day of Active Work.LIFE INSURANCEA.

  • The Strike Continuation premium percentage is 100% of the Premium Rate.Insurance Eligible For Portability: For you:Life Insurance YesMinimum amount: $10,000Maximum amount: $500,000 AD&D Insurance YesMinimum amount: $10,000Maximum amount: $500,000Annual Earnings based on: Earnings in effect on your last full day of Active Work.

Related to Continuation premium

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;

  • Continuation Period shall have the meaning set forth in Section 6.9(a).

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • COBRA continuation provision means any of the following:

  • 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;

  • Continuation Notice as defined in Section 2.17(a).

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.

  • Continuation and “Continued” each refers to the continuation of a LIBOR Loan from one Interest Period to another Interest Period pursuant to Section 2.9.

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • COBRA Continuation Period means the continuation period for medical and dental insurance to be provided under the terms of this Agreement which shall commence on the first day of the calendar month following the month in which the date of termination falls and generally shall continue for an 18 month period.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • Severance Amount means:

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)