Also, the insurance period has been shortened to two years.

Share accounts claimed within the 18-month insurance period are paid at their full insured amount.

These findings only affect 2010 and the premium increase/review/litigation process will have to begin again for the insurance period beginning January 1, 2011.

The result (e.g. insurance period, newly awarded pension) is achieved by averaging across all life paths.

With proper availability of data, it is possible to use the whole structure for selected parameters (primarily insurance period), but it is both calculation- and memory-consuming.

At the expiration of the 18-month insurance period, shares that are not claimed are considered uninsured and written down to share in the loss to the NCUSIF.

The amount of premium depends on the showroom price of the vehicle at the commencement of the insurance period, make of the vehicle and the place of registration of the vehicle.

Insurance premiums are usually paid at or before the start of the insurance period, the period of cover, but the premium may at times be payable in instalments during the insurance period.

As a result, the insurance period and other variables occurring in the pension formula are known exactly at the point of retirement, which makes it possible to perform exact modelling of pension formula non-linearities in extreme lines, see e.g. ("Pojistné rozpravy 28/2011")

We support a social security system which satisfies the needs of the people, with national insurance and a free national health service for everyone, lower retirement ages of 60 for men and 55 for women and 50-55 in professions with serious health risks, shorter insurance periods and full, stable employment.