Excess Premiums definition

Excess Premiums means any Premiums paid beyond the date of cancellation or termination of the Policy.
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Excess Premiums means any Premiums paid beyond the date of cancellation or termination of the Policy and referred to in Rule LV2.8 (Termination of OVHC Policy)
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Examples of Excess Premiums in a sentence

  • First Policy Year Qualifying First Year Premiums up to Target 58.7 % Excess Premiums 8.5 % Renewals Policy Years 2-5, up to Target 15.0 % Policy Years 2-5, Excess Premiums 7.0 % Policy Years 6-7, up to Target 13.0 % Policy Years 6-7, Excess Premiums 5.0 % Policy Years 8-10 2.0 % Policy Years 11 et seq.

  • BrightLife® Protect and IUL Protect 1.0 % BrightLife® Grow 2.0 % Compensation on Incentive Life Optimizer® III, VUL Optimizer® Series 160 and VUL Optimizer® Series 166: Type of Premium Percentage First Policy Year Qualifying First Year Premiums up to Target 99.0 % Excess Premiums 8.5 % Renewals Policy Years 2-5 5.8 % Policy Years 6-10 3.8 % Policy Years 11 et seq.

  • Exhibit A Amended and Restated Schedule 1 Effective as of January 1, 2020 First Policy Year Qualifying First Year Premiums up to Target 58.7 % Excess Premiums 8.5 % Renewals Policy Years 2-5, up to Target 15.0 % Policy Years 2-5, Excess Premiums 7.0 % Policy Years 6-7, up to Target 13.0 % Policy Years 6-7, Excess Premiums 5.0 % Policy Years 8-10 2.0 % Policy Years 11 et seq.

  • BrightLife® Protect and IUL Protect 1.0 % BrightLife® Grow 2.0 % Compensation on Incentive Life Optimizer® III and VUL OptimizerSM Series 160: Type of Premium Percentage First Policy Year Qualifying First Year Premiums up to Target 99.0 % Excess Premiums 8.5 % Renewals Policy Years 2-5 5.8 % Policy Years 6-10 3.8 % Policy Years 11 et seq.

  • The FMHG Board, will decide upon a total amount to be allocated as Return of Excess Premiums.

  • BrightLife® Protect 1.0 % BrightLife® Grow 2.0 % Compensation on Incentive Life Optimizer® III Type of Premium Percentage First Policy Year Qualifying First Year Premiums up to Target 99.0 % Excess Premiums 8.5 % Renewals Policy Years 2-5 5.8 % Policy Years 6-10 3.8 % Policy Years 11 et seq.

  • First Policy Year Qualifying First Year Premiums up to Target 36.7 % Excess Premiums 8.5 % Renewals Policy Years 2-5, up to Target 8.0 % Policy Years 2-5, Excess Premiums 7.0 % Policy Years 6-7, up to Target 6.0 % Policy Years 6-7, Excess Premiums 5.0 % Policy Years 8-10 2.0 % Policy Years 11 et seq.

  • BrightLife® Protect and IUL Protect 1.0 % BrightLife® Grow 2.0 % Compensation on Incentive Life Optimizer® III and VUL OptimizerSM Series 160: Tvne of Premium Percentage First Policy Year Qualifying First Year Premiums up to Target 99.0 % Excess Premiums 8.5 % Renewals Policy Years 2-5 5.8 % Policy Years 6-10 3.8 % Policy Years 11 et seq.

  • This amount is based on amount of Excess Premiums over claims and costs in the period since the last distribution of Excess Premiums and the FMHG’s overall surplus position.

  • FMHG will allocate 50% of the Return of Excess Premiums amount declared based on a member’s loss experience (that is, its contribution to surplus) since the last distribution and 50% based on the total of a member’s premium contributions to the FMHG since the last distribution.

Related to Excess Premiums

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Allocable Excess Proceeds will mean the product of:

  • New business premium rate means, for each class of business as to a rating period, the lowest premium rate charged or offered, or which could have been charged or offered, by the small employer carrier to small employers with similar case characteristics for newly issued health benefit plans with the same or similar coverage;

  • Excess Proceeds With respect to any Liquidated Mortgage Loan, the amount, if any, by which the sum of any Liquidation Proceeds of such Mortgage Loan received in the calendar month in which such Mortgage Loan became a Liquidated Mortgage Loan, net of any amounts previously reimbursed to the Servicer as Nonrecoverable Advance(s) with respect to such Mortgage Loan pursuant to Section 3.11(a)(iii), exceeds (i) the unpaid principal balance of such Liquidated Mortgage Loan as of the Due Date in the month in which such Mortgage Loan became a Liquidated Mortgage Loan plus (ii) accrued interest at the Mortgage Interest Rate from the Due Date as to which interest was last paid or for which a Periodic Advance was made (and not reimbursed) up to the Due Date applicable to the Distribution Date immediately following the calendar month during which such liquidation occurred.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).