Premium and method of premium payment

Third party liability insurance premium.

failing to file the insurance clauses and premium rates for its proposed insurance products as required.

indemnity or payment of the insurance benefits

The actual insurance premium was lower than estimated, resulting in unutilized resources of 10,600.

The insurance clauses and premium rates for other types of insurance formulated by an insurance company shall be filed with the financial supervision and regulation department .

The Office of Internal Oversight Services believes that the annual insurance premium could be inflated, since the premium is calculated as a percentage of the overall valuation.

Method of payment of indemnity or the insurance benefits

Article 106 The basic insurance clauses and premium rates for major types of commercial insurance shall be formulated by the financial supervision and regulation department.

The State applied a voluntary insurance policy to farmers with the premium decided by Provincial People's Committee.

Indeed, there is no market for other kinds of recession related insurance provided by the government, such as unemployment insurance, old age insurance, or disability insurance. Instead, the government merely sets an insurance premium and forces everyone to pay it.

The payment of pensions is financed by social insurance contribution payments (the state social insurance special budget).

The reduction with respect to general property insurance results from more favourable premium rates negotiated with the provider.

Clearly, these observations adversely affect the Organization s insurance risk profile and ultimately impact unfavourably on the premium level.

Provision is made for liability and war risk insurance coverage at an annual premium of 2,000 per helicopter.

Therefore, compulsory contributions to a social insurance scheme must not necessarily result in the payment of insurance benefits.

The payment of disability pensions is financed from the social insurance contribution payments (the state social insurance special budget.

The payment of survivor's pensions is financed from the social insurance contribution payments (the state social insurance special budget).

The Department of Management stated that the remedial work was unlikely to have an appreciable impact on the insurance premium.

37. Vehicle insurance. While provision for vehicle insurance was made at an annual rate of 250 per vehicle, the actual premium was 525 per vehicle per annum. Additional requirements of 181,000 resulted, therefore, from the higher actual insurance rate.

The payment of contributions is different depending on regions and the health insurance payer.

Further provision is made for positioning and depositioning costs ( 17,000), painting ( 3,000), third party liability insurance premium ( 6,000) and aircrew subsistence allowance ( 5,500)

Premium

The insured or the beneficiary of the direct insurance shall not claim for the indemnity or payment of the insurance benefits from the reinsurer.

promising the applicant, the insured or the beneficiary to give them premium rebates or other interests which are not specified in the insurance contract.

During its 2003 session, the Standing Committee reviewed a note on the after service health insurance premium deduction programme undertaken by the Pension Fund.

The provision of 31,500 for worldwide vehicle third party insurance of the transport fleet is based on a yearly premium of 625 per vehicle.

The provision of 20,300 for worldwide vehicle third party insurance of the transport fleet is based on an annual premium of 625 per vehicle.

Article 59 The insurer shall not resort to legal proceeding to demand the payment of the insurance premiums of insurance of persons from the applicant.

undertaking to provide life insurance where death is the prerequisite for the payment of the insurance benefits, for those who have no civil legal capacity.

Article 29 The reinsurer shall not demand payment of premiums from the applicant of the direct insurance.

An insurance policy stipulating death as the prerequisite for the payment of the insurance benefits shall not be transferred or mortgaged without the written consent of the insured.

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Lower premium rate.

Plans Monthly premium

According to the principal insurance broker for the Organization, the United Nations package of commercial insurance policies and premium levels rank it as a medium to large sized client, equivalent to that of a small Fortune 500 multinational corporation.

c The premium rates for the New York plans include the GHI dental premium.

Article 13 Once an insurance contract is formed, the applicant shall pay the premium in accordance with the terms and conditions of the contract and the insurer will be at risk effective from the date as specified in the insurance contract.

The average premium costs per participant vary among different insurance plans and between the costs experienced at New York, Geneva and Vienna, but a tendency towards an increase in average costs is clearly demonstrated with respect to all insurance plans.

Given that the property valuations directly determine the level of the premium, the broker s commission, and the limitation of the underwriter s liability, the establishment of an appropriate valuation methodology for insurance purposes should be of fundamental concern to the Insurance Section

Then, the process of determining acceptable coverage, selecting the underwriter and quantifying the additional premium for the excess coverage should have been properly monitored by the Insurance Section.

Social insurance costs were introduced as a compulsory payment to the social insurance budget at the same time a definite category of the population was offered the option of making contribution payments for pension insurance on voluntary basis.

At the end of December 1994 9,740,000 women were in employment liable to the payment of social insurance contributions.

Taxes on high premium insurance policies would lead many employees and employers to shift their sources of tax free income from these health insurance benefits to other forms of untaxed compensation. If they do this, the government would not collect the additional revenue from the insurance companies, employers, or employees.