Net Premiums means the gross premiums (including policy fees) charged on all original and renewal Policies written on behalf of the Company, less return premiums.
Net Premiums means: Premiums received, less any refunds or credits due to the contract holder for cancellations, termination's, changes in coverage, or other issues that would cause CDN, in its sole opinion, to not have earned the premiums received. Premiums do not include administrative or other processing fees charged by CDN.
Net Premiums means Premiums after any adjustments or refunds.
Examples of Net Premiums in a sentence
It is further agreed that State Auto Mutual shall receive the Net Premiums for said contracts and policies.
Plus all Net Premiums received since the last Monthly Deduction Day; and 4.
If You do not tell Us, an amount equal to the loan repayment will be transferred from the General Account to the Divisions in the same ratio currently in effect for the allocation of Net Premiums.
Net Premiums are allocated, in accordance with Your instructions, to the General Account or allocated to the selected Divisions of the Separate Account and converted to Valuation Units.
Add all Net Premiums received since the last Monthly Deduction Day; 5.
More Definitions of Net Premiums
Net Premiums means Gross Premiums reduced by lines 2 through 5:
Net Premiums means all direct premiums plus reinsurance assumed minus reinsurance ceded, except as otherwise expressly excluded below.
Net Premiums means the balance of gross premium after deduction from the gross premium of any premium paid or payable by an insurer for reinsurance ceded;
Net Premiums means all direct premiums plus reinsurance assumed minus reinsurance ceded, except as otherwise expressly excluded below, provided that the parties hereto expressly understand and agree that Net Premiums excludes any and all premiums arising out of the State Auto Mutual Reinsurance Book. It is understood and agreed that Net Premiums includes any and all premiums arising out of State Auto Middle Market Insurance.
Net Premiums means in relation to any valuation, the premiums for which credit is taken in the valuation;
Net Premiums means premiums each of such an amount that, if all premiums payable under the life policy concerned had been net their value, capitalised on the on which the liability of the long-term insurer under such policy commenced, would have the capitalised the policy excluding any bonus,