Net Premium definition

Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.
Sample 1Sample 2Sample 3
Net Premium means the level por- tion of the gross premium used in cal- culating the additional reserve. On the day the policy is issued, the present value of the series of those portions equals the present value of the ex- pected incurred claims over the period that the gross premiums are computed to provide coverage.
Sample 1Sample 2Sample 3
Net Premium means premium derived from standard premium adjusted by any advance premium discounts.
Sample 1Sample 2Sample 3

Examples of Net Premium in a sentence

  • No provision for uncollectible accounts has been made as all loans are current and the lending institution is responsible for repayment of the loan in the case the individual defaults.Bond Issuance Costs, Net Premium and Amortization of Loss on Defeasance of Refunded BondsBond issuance costs and net premiums are deferred and amortized as an adjustment to interest expense over the life of the related bond issues, using the bonds outstanding method.

  • Expenses/ Net Premium Income (%); Economic Capital/ Operating Capital (%); Median days from early project screening to guarantee signing (days).

  • Options available in this Add-On:(to be opted along with Out-patient Treatment Expenses (OPD) Section from My Health Care Plan) BenefitsSum Insured Option 1Sum Insured Option 2a) Dental wellness - Consultation,Investigation & Procedures Cover0.5 times of the Base PolicyNet Premium1 time of the Base PolicyNet Premiumb) Diet & Nutrition Consultations Cover &c) Emotional Wellness Cover0.5 times of the Base Policy Net Premium1 time of the Base Policy Net Premium A.


More Definitions of Net Premium

Net Premium. The Net Premium is equal to the actual premium minus the percent of premium charge. The percent of premium charge is shown on the Policy Data Page. The Company may at its sole discretion apply a lower percent of premium charge.
Sample 1Sample 2Sample 3
Net Premium shall have the meaning specified in Section 4.1(b).
Sample 1Sample 2Sample 3
Net Premium means the amount of premium charged to a Settlement Class Member for an LPI Policy during the Settlement Class Period less any refund paid or credited to the Settlement Class Member.
Sample 1Sample 2Sample 3
Net Premium means the balance of the gross premium after deduction therefrom of any premium paid or payable by the insurer for reinsurance ceded;
Sample 1Sample 2Sample 3
Net Premium means the Gross Premium after deduction of Commission.
Sample 1Sample 2
Net Premium means, with respect to any Series of Bonds, that portion of original issue premium, if any, that is in excess of the sum of (i) original issue discount, if any, and (ii) the underwriter’s discount.
Sample 1Sample 2Sample 3
Net Premium means the premium paid less the percent of premium charge.
Sample 1Sample 2Sample 3