Policy Fees. The Company shall retain all policy fees in their entirety.
Policy Fees. No policy fees shall be paid under this Agreement. [page break] Male Nonsmoker 2001 Valuation Basic Table Issue Age 0-51, Policy Years 1-14 [table deleted] [page break] Male Nonsmoker 2001 Valuation Basic Table Issue Age 0-51, Policy Years 15-25 [table deleted] [page break] Male Nonsmoker 2001 Valuation Basic Table Issue Age 52-99, Policy Years 1-14 [table deleted] [page break] Male Nonsmoker 2001 Valuation Basic Table Issue Age 52-99, Policy Years 15-25 [table deleted] [page break] Male Smoker 2001 Valuation Basic Table Issue Age 0-51, Policy Years 1-14 [table deleted] [page break] Male Smoker 2001 Valuation Basic Table Issue Age 0-51, Policy Years 15-25 [table deleted] [page break] Male Smoker 2001 Valuation Basic Table Issue Age 52-99, Policy Years 1-14 [table deleted] [page break] Male Smoker 2001 Valuation Basic Table Issue Age 52-99, Policy Years 15-25 [table deleted] [page break] Female Non Smoker 2001 VBT Basic Table Issue Age 0-51, Policy Years 1-14 [table deleted] [page break] Female Non Smoker 2001 VBT Basic Table Issue Age 0-51, Policy Years 15-25 [table deleted] [page break] Female Non Smoker 2001 VBT Basic Table Issue Age 52-99, Policy Years 1-14 [table deleted] [page break] Female Non Smoker 2001 VBT Basic Table Issue Age 52-99, Policy Years 15-25 [table deleted] [page break] Female Smoker 2001 VBT Basic Table Issue Age 0-51, Policy Years 1-14 [table deleted] [page break] Female Smoker 2001 VBT Basic Table Issue Age 0-51, Policy Years 15-25 [table deleted] [page break] Female Smoker 2001 VBT Basic Table Issue Age 52-99, Policy Years 1-14 [table deleted] [page break] Female Smoker 2001 VBT Basic Table Issue Age 52-99, Policy Years 15-25 [table deleted] AMENDMENT to ALL REINSURANCE AGREEMENTS between MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, and/or MML BAY STATE LIFE INSURANCE COMPANY, and/or C.M. LIFE INSURANCE COMPANY (hereinafter the “Ceding Company”, sometimes known as the “Reinsured”) and SWISS RE LIFE & HEALTH AMERICA INC. Or its current subsidiaries/affiliates (hereinafter the “Reinsurer”) Effective August 1, 2011, the Amendment effective date, the corporate retention of the Ceding Company will be revised per the attached retention schedule. All terms and conditions of the Agreements not in conflict with the terms and conditions of this Amendment shall continue unchanged.
Policy Fees. The Administrator will be credited with 100% of all Policy fees which form part of collected Premium until the loss carryforward as calculated pursuant to Schedule C hereto is repaid in full by the Company to the Reinsurer. Upon such repayment in full, the Administrator shall pay to the Company an amount equal to (i) 66.67% of the Policy fees collected during calendar year 1999, plus (ii) 33.33% of Policy fees collected during calendar year 2000; provided, however, that such Policy fees shall be paid to the extent positive after-tax earnings from the Policies exist after the date of such repayment. SCHEDULE C RECAPTURE; EXPERIENCE REFUND At the end of each quarter, an experience refund will be calculated on the Policies reinsured. If positive, this experience refund will be payable to the Company by the Reinsurer. Should the Company be required to recapture the Policies pursuant to Article XVI due to any termination, recapture of the business under, or otherwise modification, amendment or alteration of the terms of the Initial Treaty, the Company shall be liable for repayment of the then outstanding LBF as defined below, in addition to an amount sufficient to assure the Reinsurer of a 12% return on its investment from the Effective Date. Such calculation shall include the provision for target surplus in the amount of 200% of the Authorized Control Level RBC using the factor agreed to by the Company and the Reinsurer as appropriate for the Policies reinsured. The formula for the calculation of the recapture amount will be agreed to by the parties to this Agreement. In addition, the recapture shall call for a net cash settlement, with interest at the rate of "I" as defined below, of all outstanding reserve amounts as of the recapture date. Define the following for the Policies reinsured: P = Premiums incurred during the quarter, and experience refunds under other reinsurance treaties, net of any reinsurance premiums for the Reinsurer's Share of the Policies reinsured.
Examples of Policy Fees in a sentence
Applicants are entitled to cancel their registration and claim a refund subject to the eta Policy Fees and Payments.
Refunds and Cancellation Policy Fees are payable subsequent to our Professional Advice Services being provided, and therefore refunds are not available in normal circumstances.
The fees payable to eta in respect of the programmes comprise the following:The fees payable to eta and the refund of any monies paid in terms of this agreement are contained in the Policy Fees and Payments read with the Programme Fees Schedule of eta, which forms an integral part of this agreement.
Life Allowances WP Allowances ADB Allowances Flat Extra Allowances Total Allowances Premium Taxes (if applicable) Total Amount Due = (Total Premium + Policy Fees) - (Total Allowances + Premium Taxes) The premium summary should balance to the Monthly Detail Report.
Policy Fees payable on each Fee Payment Date will be calculated based on a 365-or 366-day year for the actual number of days elapsed and any calendar month ending during a weekend will include the days during such weekend falling in the next calendar month (which days will not be included in the next calendar month).
More Definitions of Policy Fees
Policy Fees means (a) if the calculation is made as at the last day of the first three fiscal quarters of a RIC, the amount of policy fees for the four fiscal quarters of such RIC ended as at such last day, computed using the same information and in the same manner (except that such computation shall be for the preceding four fiscal quarters) as was utilized in preparing page 4, line 13 of the regulatory financial statement of such RIC, utilizing the format promulgated by NAIC and filed with the applicable Insurance Regulator, or if such format is changed after the Agreement Date, the same type of information, computed in the same manner (except that such computation shall be for the preceding four fiscal quarters), as contained on page 4, line 13 of such regulatory financial statement of such RIC dated September 30, 2004, or (b) if the calculation is made as at the last day of the fiscal year of a RIC, policy fees as shown on page 4, line 13 of the regulatory financial statement of such RIC as would be prepared for such period utilizing the identical format promulgated by NAIC and utilized by such RIC in preparing the December 31, 2004, annual statement filed with the applicable Insurance Regulator, or if such format is changed after the Agreement Date, the same type of information, computed in the same manner, as contained on page 4, line 13 of such regulatory financial statement of such RIC dated as of December 31, 2004.
Policy Fees. No policy fees shall be paid under this Agreement. Base Rate Table by . For % / % for % / % for .
Policy Fees. No policy fees shall be paid under this Agreement. Base Rate Table: Revised February 1, 2008 (Note: The Base Rate Table remains unchanged) Base Rate Table: the following table will rates. For for . Base Rate Table Monthly Rate Per $ of Amount at Risk Male Female Age Smoker Smoker Smoker Smoker Calculation of New Rates to become effective on February 1, 2008 New rates are calculated as follows.
Policy Fees. No policy fees shall be paid under this Agreement. Aggregate; Mandatory; Age Nearest; Unisex BOLI LCM07 Issue 24 Aggregate; Mandatory; Age Nearest; Unisex BOLI LCM07 Issue 1000 Aggregate; Mandatory; Age Nearest; Unisex BOLI LCM07 Issue 26 Aggregate; Mandatory; Age Nearest; Unisex BOLI LCM07 Issue 27 Aggregate; Mandatory; Age Nearest; Unisex BOLI LCM07 Issue 28 Aggregate; Mandatory; Age Nearest; Unisex BOLI LCM07 Issue SCHEDULE E: REINSURANCE REPORTS Reinsurance shall be self-administered by the Ceding Company. The Ceding Company shall maintain up-to-date records on business under the Agreement for reporting new issues, renewals, deaths, lapses and other adjustments on each reinsured policy or rider and shall provide reports to the Reinsurer subsequent to the close of each reporting period. The reporting period shall be monthly. The reports shall consist of sufficient detail for the Reinsurer to determine its amount of risk on reinsured policies and riders and to verify reinsurance premiums. Reports provided shall be the following:
Policy Fees mean the sum of amounts charged to policyholders on behalf of Company, which [**].