Examples of Reinstatement Premium in a sentence
The Reinsurer shall be liable to pay the Reinstatement Premium obligations under the Original Contract.
Reinstatement Premium, if applicable, shall have as a due date the date when the Company receives payment for the claim giving rise to such Reinstatement Premium, and payment shall be overdue 30 days thereafter.
Thomas Jefferson School of Law (2011), (No. 37-2011- 00091898-CU-FR-CTL), 2011 WL 2109327.
This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of Reinstatement Premium the Company may become liable to pay under the reinstatement provisions of the Property Catastrophe Excess of Loss Reinsurance Contract, effective at 12:01 a.m., Standard Time, June 1, 2020 and expiring 12:01 a.m., Standard Time, June 1, 2021, Document Number: U8GR0001 (the “Original Contract”), subject to the terms and conditions herein contained.
This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of Reinstatement Premium the Company may become liable to pay under the reinstatement provisions of the Property Catastrophe Excess of Loss Reinsurance Contract, effective at 12:01 a.m., Standard Time, June 1, 2021 and expiring 12:01 a.m., Standard Time, June 1, 2022, Document Number: UBWP0001 (the “Original Contract”), subject to the terms and conditions herein contained.
This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of Reinstatement Premium the Company may become liable to pay under the reinstatement provisions of the Property Catastrophe First Excess of Loss Reinsurance Contract, effective at 12:01 a.m., Standard Time, June 1, 2020 and expiring 12:01 a.m., Standard Time, June 1, 2021 (the “Original Contract”), subject to the terms and conditions herein contained.
This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of Reinstatement Premium the Company may become liable to pay under the reinstatement provisions of the Property Catastrophe Excess of Loss Reinsurance Contract, effective at 12:01 a.m., Standard Time, June 1, 2021 and expiring 12:01 a.m., Standard Time, June 1, 2022, Document Number: U8GR0001 (the “Original Contract”), subject to the terms and conditions herein contained.
Properties insured are covered under Surplus Reinsurance Treaties and Catastrophe Excess of Loss Treaties with provision being made for reinstatement of premiums to be paid to Excess of Loss Reinsurers, should the need arise, through a Reinstatement Premium Protection Cover.
Reinstatement The Reinstatement Premium is the minimum premium for which we would then issue this policy based on the policy year and underwriting classes of both insureds as of the effective date of the reinstated policy.
Prior to effectuating an assumption of policies from CITIZENS, APPLICANT shall provide to the OFFICE fully executed reinsurance agreements or confirmation acceptable to the OFFICE at the OFFICE’S sole discretion, that all reinsurance agreements have been placed, including any Reinstatement Premium Protection Agreement(s), to the OFFICE for its review, and said agreements have been determined to meet all statutory and rule requirements.