Sentences with phrase «amount of premium under»

Not exact matches

Under the terms of the transaction, the Purchasers will subscribe for U.S. $ 1 billion aggregate principal amount of 6 % unsecured subordinated convertible debentures (the «Debentures») convertible into common shares of BlackBerry at a price of U.S. $ 10.00 per common share (the «Transaction»), a 28.7 % premium to the closing price of BlackBerry common shares on November 1, 2013.

With the cancellation of the health care levy (which it should be pointed out was graduated and not a flat amount like the old premium), and the NDP tax increases kicking in at 130K and not 100K like the Prentice budget, the NDP has made sure the upper middle class (and some of the upper class) are paying less taxes than under Prentice's budget.

Increased Retiree Health Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health insurance.

The premiums under Quebec's partially - subsidized public drug plan can amount to more than three per cent of a $ 40,000 household income, but only 1.6 per cent for households with an $ 80,000 income.

After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method

The amount of excess premiums that can be paid under option A is also more limited.

Under a typical scenario, an equity - indexed annuity will offer a minimum return that amounts to 90 % of the premium paid at a 3 % interest rate.

For conventional mortgages, lenders usually require you to pay a mortgage insurance premium if your down payment is under 20 % of the total mortgage amount.

The Mortgagee Letter release by HUD today, ML 2017 - 12 said nothing of condo project approvals or of non-borrowing spouses but rather declared that in a move necessary to enable FHA to continue to endorse the ongoing HECM loan program, changes were needed which would raise the initial mortgage insurance premiums for many, lower the annual renewal for all and lower the amounts borrowers would receive under the program starting with all new Case Numbers assigned on October 2, 2017 and after.

However, because you do not have to qualify, premiums are typically higher than what a healthy person would pay for the same amount of coverage under a policy that went through medical underwriting.

Another way to view the premium assistance tax credit is simply to recognize that the formulas effectively cap the maximum amount of premiums that anyone (under 400 % of FPL) will be required to pay out of pocket.

This annual premium (0.85 percent of the mortgage amount on a 30 - year loan with the minimum down payment) would amount to $ 850 per year for every $ 100,000 of the loan balance, adding just under $ 71 to each monthly payment.

Under the former, the employer is entitled to a return of the premiums paid and if the cash value exceeds the premium, this amount goes to the employee.

Shortly after we opened the position ACLS failed to make a payment required under its 4.25 % Convertible Senior Subordinated Notes, which meant that the company was required to repay the outstanding principal amount of the notes plus a maturity premium and accrued interest (a total payment of approximately $ 85 million) on January 15.

The amount of money paid or due to be paid when a person insured under a life insurance policy dies, after adjustments for any outstanding policy loans, dividends, paid - up additions or late premium payments (if applicable) are made.

If you borrow against an existing policy to pay premiums on a new policy, death benefits payable under your existing policy will be reduced by the amount of any unpaid loan, including unpaid interest.

When an insured defaults on his / her obligation to remit payment of a premium, and the policy lapses as a result, the policy may acquire a paid up value such that the face amount of coverage under the policy is reduced in proportion with the number and amount of premiums paid until the date of default.

(a) deduct the prescribed amount from the remuneration as or on account of the employee's premium payable by that insured person under section 67 for any period for which the remuneration is paid; and

With respect to effective dates other than regular effective dates, meaning retroactive or accelerated coverage effective dates resulting from enrollment under certain special enrollment periods (including birth and marriage), resulting from the resolution of appeals, or resulting from amounts newly due for prior coverage based on issuer corrections of under - billing, we considered a premium payment deadline of 10 - 15 business days from when the issuer receives the enrollment transaction.

Generally these can be taken under one of three possible non-forfeiture options: (1) surrender for full cash value; (2) use of the cash value to purchase reduced paid - up life insurance; and (3) use of the cash value to purchase extended term insurance in the full face amount of the original policy for as long as the cash value will pay net premiums.

Accordingly, a QLAC may provide for a single - sum death benefit paid to a beneficiary in an amount equal to the excess of the premium payments made with respect to the QLAC over the payments made to the employee under the QLAC.

Exchanges may, and the Federally - facilitated Exchange will, allow issuers to implement, a premium payment threshold policy under which issuers can consider enrollees to have paid all amounts due if the enrollees pay an amount sufficient to maintain a percentage of total premium paid out of the total premium owed equal to or greater than a level prescribed by the issuer, provided that the level is reasonable and that the level and the policy are applied in a uniform manner to all enrollees.

The amount of premiums paid and the amount of claim received under this LIC term plan are both exempted from tax under sections 80C and 10 (10D)

The top - up premiums paid are invested under the «Save for Tomorrow» feature wherein the amount can be increased by 5 % every year to a maximum of 150 % of the annual premium.

Section 80C and Section 10 (10D) of the Income Tax Act exempts the amount of premiums paid and the amount of claim received respectively under this LIC term plan from the scope of tax

There is a feature of Automatic Transfer Strategy under the Fixed Portfolio strategy under which the policyholder may choose to invest all or a part of his premium in the Money Market Fund and from there a chosen amount may be transferred automatically to the Blue Chip Fund or Multi Cap Growth Fund or Opportunities Fund as per the policyholder's choice.

The premiums paid under this LIC online term plan earn tax relief under Section 80C up to Rs. 1.5 lakhs and any amount of claim received also earns tax relief under Section 10 (10D) of the Income Tax Act

The bike insurance premium is a defined as an amount of money an insured requires to pay periodically to an insurer to avail the benefits under his bike insurance policy.

Protection cover for any loss to personal belongings on payment of additional premium of amount Rs. 400 or Rs. 650 / -, all included under the plan.

The High Deductible Health Plan is defined as «a health plan which has an annual deductible which is not less than $ 1,000 for self - only coverage, and twice the dollar amount ($ 2,000) for family coverage, and the sum of the annual deductible and the other annual out - of - pocket expenses required to be paid under the plan (other than for premiums) for covered benefits does not exceed $ 5,000 for self - only coverage, and twice the dollar amount ($ 10,000) for family coverage.»

Top - up premiums are invested under the «Save for Tomorrow» feature where the policyholder is allowed to increase the amount of top - ups by 5 % p.a. subject to a maximum of 150 % of the regular premium

The determination of the Sum Assured under ULIPs depends on the amount of premium paid by the policyholder.

The death benefit payable will be the amount higher of the Sum Assured or 10 times the annual premium or 105 % of total premiums paid till the date of death for regular premium payment option and higher of Sum Assured or 125 % of the Single Premium paid under the Single Premium payment option.

You are promising to pay a certain amount of premium, and they are promising to pay you under certain circumstances (a claim).

Income Tax Benefit - Although the pension amount is taxable, the premium paid and the 1 / 3rd of the maturity proceeds are exempt from tax deduction under section 80C and 10 (10A) of Income Tax Act.

All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year till the end of the term under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on death is paid

The amount of additional premium paid over and above the Regular / Limited Premium payable under this Policy

The maximum amount of premium deductible from your health insurance is Rs 15,000 if you are under 60 years old.

All varieties of policies are covered under MWP irrespective of time, age and premium amount.

However, the carrier did send a check to the insured woman's husband, who was the beneficiary under the policy, for the amount of premiums that had been paid.

Section 1302 (c)(4) of the Affordable Care Act directs the Secretary to determine an annual premium adjustment percentage, which is used to set the rate of increase for three parameters detailed in the Affordable Care Act: the maximum annual limitation on cost sharing (defined at § 156.130 (a)-RRB-, the required contribution percentage by individuals for minimum essential health coverage the Secretary may use to determine eligibility for hardship exemptions under section 5000A of the Code, and the assessable payment amounts under section 4980H (a) and (b) of the Code (finalized at 26 CFR 54.4980 H in the «Shared Responsibility for Employers Regarding Health Coverage,» published in the February 12, 2014 Federal Register (79 FR 8544)-RRB-.

With respect to effective dates other than regular effective dates, meaning retroactive or accelerated coverage effective dates resulting from enrollment under certain special enrollment periods (including birth and marriage), resulting from the resolution of appeals, or resulting from amounts newly due for prior coverage based on issuer corrections of under - billing, we are considering a premium payment deadline of 10 - 15 business days from when the issuer receives the enrollment transaction.

If your ability to pay life insurance premiums is such that you can afford the desired amount of life insurance under either type of policy, it is then appropriate to consider the second question — what type of policy to buy.

«(II) any deduction under section 832 (b)(4)(A) from the amount of gross premiums written on insurance contracts during the taxable year for premiums paid for reinsurance, and

If you're currently receiving a premium subsidy (premium tax credit) in the exchange and your employer begins reimbursing premiums under a QSEHRA, the exchange subsidy would be reduced by the amount of the employer reimbursement.

How it generally works is that you pay a few extra dollars on top of your life insurance policy's monthly premium and then each of your current children under the age of 18 and any future children you may have are covered with a small amount (typically anywhere between $ 1,000 — $ 25,000) of life insurance coverage.

In case of «Whole Life Plan'the policy holder is obliged to pay a fixed amount of premium on a regular basis till the term of the policy, failing which will cease the death benefit payable under the policy.

While group insurance plans include coverage for those employees with pre-existing conditions, the amount and types of claims submitted under your plan can affect your annual premium.

This is a fantastic rider combo as the waiver of premium will cover your premium on the original face amount, plus additional coverage you purchased under the GIO rider.

Here, however, the amount of the life insurance policy premiums can be considered compensation for the key executives under the rules of such plans.