Standard Premium definition

Standard Premium means experience modified workers' compensation premium that has not been discounted.
Standard Premium means the basic premium for the coverage under this

Examples of Standard Premium in a sentence

  • 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.

  • The no claim discount and extra no claim discount applicable to the premium payable shall include both Standard Premium and Premium Loading.

  • 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.

  • 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 basic premium for the coverage under this Certified
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 for the insurance subject to the Plan computed in accordance with the provisions of the policies, other than this endorsement and exclusive of the application of any premium discount endorsement.