Guaranteed gross premiums definition

Guaranteed gross premiums means the premiums under a policy of life insurance that are guaranteed and determined at issue.
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Guaranteed gross premiums means the premiums under a policy of life insurance that are guaran- teed and determined at issue.
Sample 1Sample 2
Guaranteed gross premiums means the premiums under a policy of life insurance that are guaranteed and deter- mined at issue.
Sample 1

Examples of Guaranteed gross premiums in a sentence

  • Guaranteed gross premiums-- The [the] premiums under a policy of life insurance that are guaranteed and determined at issue.


More Definitions of Guaranteed gross premiums

Guaranteed gross premiums means the premiums under I. "Tabular cost of insurance" means the net single premium a policy of life insurance that are guaranteed and determined at at the beginning of a policy year for one-year term insurance in the issue. amount of the guaranteed death benefit in that policy year.
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Related to Guaranteed gross premiums

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.