Premium Charge definition
Examples of Premium Charge in a sentence
The portion of the Maximum Premium Charge not paid by the Company, if any, shall be paid by the Executive.
If the amount of the premium charged for the Individual Policy shall exceed the Maximum Premium Charge, the amount of the premium charged for the Individual Policy in excess of the Maximum Premium Charge shall be paid by the Company.
In addition, regardless of the Executive’s years of service with the Company as of the Termination Date, the Company shall pay all or any portion of the Maximum Premium Charge with respect to coverage of the Executive and his spouse to the extent of the highest premium paid by the Company for other retired executives of the Company.
Separate Premium Charge Yes Expiration Date Anniversary date nearest insured’s age 40.
Limitation on credit card forgery Basis of Premium Charge Premium is based on census and precious metals exposure.