Premium Collection definition

Premium Collection means the physical collection of the Premium from a Policyholder.
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Examples of Premium Collection in a sentence

  • The parties hereto agree to negotiate, in good faith, an amendment to the First Agreement, only with regard to Part 5, Premium Collection and Commission Reports, and adjustments that may be necessary to compensate HPS in connection therewith.

  • Not later than 12 business days after the last day of the preceding month NationsHealth shall furnish to CIGNA, the NationsHealth Enrollment Billing, Premium Collection, Eligibility, and Inquiry/Grievance Handling Expenses, the NationsHealth Marketing and Beneficiary Communication Expenses, and the NationsHealth Developmental Costs for the preceding month.

  • Classification Premium Not Applied Dedicated Instructor OJI Premium Trainer premium Collection Tech III Double Red Premium Collection Tech III/MUA Charge Charge Premium Charge/MUA October 1, 2018 2021 through September 30, 2021 2024 The parties reserve the right to correct inadvertent errors and omissions.

  • The Early Termination Notice will be sent as soon as possible but no later than a reasonable amount of time after COBRA coverage has ended if Infinisource performs Premium Collection services.

  • Enrollees may turn over their premium notices to their employer, union, lodge, or other organization and that organiza- tion may send a single payment (with the premium notices attached so that the payments can readily be identified with the appropriate enrollees) to the CMS Premium Collection Center.

  • GA-2 Agreement Revised 1/10 ** ** Equitable Life & Casualty General Agent 2 Contract Agreement Vesting of Compensation Compensation to Surviving Spouse Compensation Among Agents Compensation for Conversion Policies Premium Collection and Remittance Assignment of Compensation Offsets or Debits Conditions for Nonpayment of Compensation The General Agent has an immediate vested interest in renewal commission compensation payable under this Agreement.

  • To select Vendor Interface Services, Employer must also have Premium Collection Services with Infinisource.

  • Any premium payments collected by Infinisource from the Employer or a Covered Individual under the Premium Collection Services component of the Federal COBRA, USERRA, and State Continuation Coverage Administration Service will be handled as set out in the Federal COBRA, USERRA, and State Continuation Coverage Administration Service Appendix.

  • Notwithstanding anything herein to the contrary, no reduction in Investment shall be considered effected, and no amount of Purchase Discount, Purchase Premium, Collection Agent Fee or other amount due hereunder shall be considered paid by any distribution to the extent that at any time all or a portion of such distribution is rescinded or must otherwise be returned for any reason.

  • Where Employer and Infinisource have confirmed the Vendor’s approval and to the extent legally permissible, Infinisource will forward all COBRA premiums related to coverage to such Vendor no later than the date that Infinisource would have sent such premiums to Employer for the Premium Collection Services described in B.1 above.

Related to Premium Collection

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Collection Account means a segregated, non-interest bearing securities account (within the meaning of Section 8-501 of the UCC) number 172148-202, which is created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties, which is established and maintained pursuant to Section 8.1(a).

  • Principal Collections means Collections of Principal Receivables.