premium provision

См. также в других словарях:

• premium pay — premium pay, wages at more than the basic rate for overtime work or for work on holidays or weekends: »The union retains six paid holidays, with provision for premium pay if a worker was required to work on those days (New York Times) …   Useful english dictionary

• premium loan provision — The provision frequently found in life insurance contracts that upon the failure of the insured to pay a premium within a time stipulated for payment, the insurer, without more, will pay the premium in insured s behalf and charge it as a loan… …   Ballentine's law dictionary

• Adjusted Premium — An adjusted premium is the premium of a life insurance policy that is adjusted by amortizing the costs associated with acquiring the insurance policy. The adjusted premium is equal to the net level premium plus an adjustment, to reflect the cost… …   Investment dictionary

• share premium account — The account to which the premium must be credited for shares issued at a premium. The balance on the share premium account may be used for specified purposes: • the issue of bonus shares; • the writing off of preliminary expenses; • the writing… …   Accounting dictionary

• share premium account — The account to which any share premium must be credited. The balance on the share premium account may be used for specified purposes: • the issue of bonus shares; • the writing off of preliminary expenses; • the writing off of underwriting… …   Big dictionary of business and management

• Cancellation Provision Clause — It is a provision in an insurance policy that permits an insurer or an insurance company to cancel a property and casualty or a health insurance policy at any time before its expiration date. Life insurance policies do not contain cancellation… …   Investment dictionary

• Adjustment Provision — A provision in a life insurance policy that allows the policy to be changed in one or more ways. This may involve increases or decreases to either the policy s premium or face amount, changes to the length of protection or period of premium… …   Investment dictionary

• Waiver Of Premium For Disability — A provision in an insurance policy that states that the insurance company will not require the insured to pay the usual recurring fee to maintain the health insurance policy if the person responsible for paying the premiums is seriously injured.… …   Investment dictionary

• Anti-Greenmail Provision — A special clause located within a firm s corporate charter that acts as a deterrence against the board of directors passing a share buyback. This provision acts as a preventative measure, restraining managers from buying back company stock at… …   Investment dictionary

• Medicare Hold Harmless Provision — A legal statement prohibiting an increase to Medicare B premiums for the vast majority of American citizens. The Medicare hold harmless provision ensures that Medicare B premiums can not rise more than the previous year s cost of living increase… …   Investment dictionary

• Soft Call Provision — A feature added to convertible fixed income and debt securities. The provision dictates that a premium will be paid by the issuer if early redemption occurs. A sweetener added to increase securities attractiveness, a soft call provision acts as… …   Investment dictionary