Sentences with phrase «subsequent premium less»

For owners aged 70 — 75 at issue, EarningsMax is calculated at 25 % of contract earnings (earnings not to exceed a maximum of 100 % of premium payments, excluding subsequent premium less than 12 months old, and adjusted for withdrawals).

For owners aged 70 - 75 at issue, EarningsMax is calculated at 25 % of contract earnings (earnings not to exceed a maximum of 100 % of premium payments, excluding subsequent premium less than 12 months old and adjusted for withdrawals).

Not exact matches

Typically the first Passive House projects by architects, builders and consultants may have a higher cost premium due to the learning curve and lack of optimization, but with subsequent projects and better optimization, the cost premium can progressively shrink to 5 % or less and even go negative.

Reduction in premiums for motor vehicle liability, first - party medical, and collision coverages for certain named drivers (a) For each personal or family - type policy of private passenger motor vehicle insurance issued or issued for delivery in this state, there shall be offered by the insurer a reduction of not less than 10 percent in premiums for motor vehicle liability, first - party medical, and collision coverages to the policyholder if all named drivers, as listed or who should be listed on the policy application or provided in information subsequent to such application, of each motor vehicle covered by such policy satisfy the requirements of subsection (b) or subsection (c), as applicable, of this Code section.

If 3 policy year premiums have been paid (but less than 5 full years premium paid) and any subsequent premium is not paid then «Auto Cover period» of six months from the due date of the first unpaid premium will be available to the policyholder.