FLAT EXTRA PREMIUMS definition

FLAT EXTRA PREMIUMS. Refer to Schedule C of this Agreement. Waiver of Premium and Waiver of Monthly Deductions Riders: Refer to Schedule C of this Agreement. Accidental Death and Dismemberment Benefit: Refer to Schedule C of this Agreement. Term Renewals and Term Conversion Premiums: Refer to Schedule C of this Agreement. Interim Billing of Premiums for Additional Periods: If the original policy is issued with insurance for an additional period, the reinsurance premium for such an additional period shall be computed at the second policy year premium rate and the premium for the first full policy year shall be computed at the first year rate. A policy fee shall not be payable for additional term periods unless the policy terminates in the first policy year.

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FLAT EXTRA PREMIUMS. For life insurance issued with flat extra premiums, these reinsurance premiums will be determined by the following paragraphs based on the initial amount reinsured. If extra premiums are payable for periods of more than five years, the comparable reinsurance flat extra premium in the first year is zero, and in renewal years is 90% of the gross flat extra premium charged by the Ceding Company. When the flat extra premium is payable for five years or less, the reinsurance flat extra premium in all policy years is 90% of the gross flat extra premium charged by the Ceding Company.

FLAT EXTRA PREMIUMS. Flat extra will be the flat extra premium charged the insured times the per thousand amount ceded to Generali, less the allowances shown in Exhibit M.

Examples of FLAT EXTRA PREMIUMS in a sentence

ON FLAT EXTRA PREMIUMS When a flat extra premium is payable for 5 years or less, an allowance of 10% of the gross flat extra charged by the Company will be made each year.
ON BASIC PREMIUM(S) The Reinsurer will pay to the Company the following allowances on the premiums payable hereunder: Insert Allowances here ON FLAT EXTRA PREMIUMS When a flat extra premium is payable for 5 years or less, an allowance of 10% of the gross flat extra charged by the Company will be made each year.
FLAT EXTRA PREMIUMS .................................................8 g.
For substandard table ratings, premiums will be increased by the following percent per table: [REDACTED]% SCHEDULE IV - REINSURANCE PREMIUMS (CONTINUED) -------------------------------------------------------------------------------- SUBSTANDARD PREMIUMS (CONTINUED): -------------------------------------------------------------------------------- FLAT EXTRA PREMIUMS The premium will be increased by any Flat Extra Premium charged the insured on the face amount initially reinsured.
BMA REINSURANCE TREATY #: 199603 - 008 - AMENDMENT III EXHIBIT IIA FLAT EXTRA PREMIUMS: PERMANENT EXTRAS (for more than Five Years) Reinsurance premium in the first year is zero.
EXHIBIT C-1 ON FLAT EXTRA PREMIUMS When a flat extra premium is payable for 5 years or less, an allowance of 10% of the gross flat extra charged by the Company will be made each year.
FLAT EXTRA PREMIUMS The flat extra premium shall be the annual flat extra premium which the Ceding Company charges its insured on that amount of the insurance reinsured less the allowances stated in Exhibit II.
For substandard table ratings, premiums will be increased by the following percent per table: [REDACTED] SCHEDULE IV - REINSURANCE PREMIUMS (CONTINUED) -------------------------------------------------------------------------------- SUBSTANDARD PREMIUMS (CONTINUED): -------------------------------------------------------------------------------- FLAT EXTRA PREMIUMS The premium will be increased by any Flat Extra Premium charged the insured on the face amount initially reinsured.

More Definitions of FLAT EXTRA PREMIUMS

FLAT EXTRA PREMIUMS. Flat extra will be the flat extra premium charged the insured times the per thousand amount ceded to COMPANY B, less the allowances shown in Exhibit III. SUBSTANDARD PREMIUMS: Substandard premiums are standard premiums increased 25% per Table. COMPANY B REINSURANCE EXHIBIT IIB PERCENTAGES OF PREMIUM FARMERS NEW WORLD LIFE Treaty #: 200211-003 -------------------------------------------------------------------------------- SINGLE LIFE PLANS Policy Years Non Smoker Smoker ----- ---------- ------ 1 0% 0% 2+ 60% 121% COMPANY B REINSURANCE EXHIBIT III OTHER ALLOWANCES FARMERS NEW WORLD LIFE Treaty #: 200211-003 -------------------------------------------------------------------------------- WAIVER OF PREMIUM 1st Year 100% Renewal 10% WAIVER OF COST OF INSURANCE 1st Year 100% Renewal 10% TEMP FLAT EXTRA All Years 20% PERM FLAT EXTRA 1st Year 100% Renewal 20% AMENDMENT to the Risk Premium Reinsurance Agreement (the "Agreement") effective August 1, 1973, between FARMERS NEW WORLD LIFE INSURANCE COMPANY of Mercer Island, Washington, hereinafter referred to as the "REINSURED," and COMPANY C

FLAT EXTRA PREMIUMS. Refer to Schedule C, attached. TERM RENEWALS AND TERM CONVERSION PREMIUMS: Refer to Schedule C and Schedule D, attached.

FLAT EXTRA PREMIUMS. When a flat extra premium is payable for 5 years or less, an allowance of [*] of the gross flat extra charged by the Company will be made each year. When a flat extra premium is payable for more than 5 years, an allowance of [*] of the gross flat extra charged by the Company will be made in the first year and an allowance of [*] in each year thereafter.