Premium Mode definition
Examples of Premium Mode in a sentence
Reinsurance premiums are payable as specified in the Premium Mode provision of Exhibit C-1.
Individual Exchange Medical Policy ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Policy Number - [▇▇▇-▇▇▇-▇▇▇] Total Premium - [$XXXX.XX] Policyholder - [▇▇▇▇ ▇▇▇] Premium Mode - [Monthly] [Quarterly] Effective Date - [Month Day, Year] Your Schedule of Benefits and Policy are provided in the pages that follow.
Premium Mode: Annually in Advance, with refund or unearned premium on lapse or death.
Premium Mode: |_| Annual |_| Semi-Annual |_| Quarterly |_| System-Matic (Complete S-M form) G.
Contract Number: [123456] Contract Date: [January 1, 2010] Owner: [▇▇▇▇ ▇▇▇] Annuitant: [▇▇▇▇ ▇▇▇] Annuitant’s Issue Age: [35] Annuitant’s Sex: [M] Maturity Date: [January 1, 2089] Initial Premium: [$20,000] Planned Premium Mode: [Annual] Planned Premium Amount: [$4,000] Minimum Contract Value Allowed: $2,000 Minimum Guaranteed Interest Rate (MGIR): [1.5%]* Index used in MVA calculation: [The BofA ▇▇▇▇▇▇▇ ▇▇▇▇▇ 5-7 Year US Corporate Index (C3A0)] *Applies to Minimum Guaranteed Surrender Value only.
The amount and Premium Mode of the Planned Premium on the Issue Date are shown on the Policy Data Page.
You may request a change in the amount and Premium Mode of the Planned Premium, by Proper Notice, at a maximum of once per year.
Individual Exchange Medical Policy ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Policy Number - [▇▇▇-▇▇▇-▇▇▇] Total Premium - [$XXXX.XX] Policyholder - [▇▇▇▇ ▇▇▇] Premium Mode - [Monthly] [Quarterly] Effective Date - [Month Day, Year] SAMPLE Your Schedule of Benefits and Policy are provided in the pages that follow.
Reinsurance premiums are payable as specified in the Premium Mode provision of Exhibit C-1 and Exhibit C-2.
The Initial Premium Mode shown in Section 1 will apply for all premiums unless you make a written request to change to a different Premium Mode also shown in Section 1.