Standard Premium means the basic premium for the coverage under this Certified

Standard Premium means experience modified workers' compensation premium that has not been discounted.

Examples of Standard Premium in a sentence

Irrespective of whether the Company revises these Terms and Benefits upon Renewal, the Company shall have the right to adjust the Standard Premium according to the prevailing Standard Premium schedule adopted by the Company on an overall Portfolio basis.
During each Policy Year and upon Renewal, the Company shall not impose any additional rate of Premium Loading (or any additional amount of Premium Loading if the Premium Loading is set in monetary terms rather than as a percentage of the Standard Premium) or Case-based Exclusion(s) on the Insured Person by reason of any change in the Insured Person's health conditions.
For the avoidance of doubt, if the Premium Loading is set as a percentage of the Standard Premium (i.e. rate of Premium Loading), the amount of Premium Loading payable shall be automatically adjusted according to the change in Standard Premium.
Part 3 Premium ProvisionsPremium payable1.The premium payable for these Terms and Benefits shall only include –(a) the Standard Premium according to the prevailing Standard Premium schedule adopted by the Company; and (b) the Premium Loading, if applicable.
We are offering several types of Standard Premium – good value stands of original design, with a choice of decorative elements.To ensure your stand is unique and fully consistent with the image of your company, we also offer custom build stands.

More Definitions of Standard Premium

Standard Premium means the premium derived from the manual rates adjusted by experience modification factors but before advance premium discounts.

Standard Premium means the total premium paid by or on behalf of an employer for a given policy year including any premium size factor adjustment, excluding the assessments for the disabled workers' relief fund and the administrative cost fund. In determining standard premium, total premium paid will not be reduced by any rebates or dividends issued pursuant to rule 4123-17-10 of the Administrative Code.

Standard Premium means the basic premium for the coverage under this Certified Plan, as charged by the Company to the Policy Holder on an overall Portfolio basis, which may be adjusted in accordance with the Age, gender and/or lifestyle factors of the Insured Person. “Supplement(s)” shall mean any document which may add, delete, amend or replace the terms and benefits of this Policy. Supplement(s) shall include but is not limited to endorsement, rider, annex, schedule or table attached and issued with this Policy. "Terms and Benefits" shall mean the Terms and Conditions together with the Benefit Schedule (including the Schedule of Surgical Procedures) and any related Supplement(s) as certified by the Government under this Certified Plan. "Terms and Conditions" shall mean Part 1 to Part 8 of this Certified Plan. "USD" shall mean United States dollars

Standard Premium means a premium charged under a standard health insurance contract for any person other than a high risk insurance person;

Standard Premium means the premium derived from the manual

Standard Premium means the premium as calculated according to the terms of each applicable policy, without application of this Endorsement, subject to the following:

Standard Premium means the premium earned after application of any experience modification and prior to the application of the expense constant, premium discounts, retrospective rating plans or premium reductions for deductible coverages.