POLICY ISSUANCE. The policy is deemed issued or delivered upon its receipt by the policyholder in his/her country of residence.
POLICY ISSUANCE. The insurer shall issue an insurance policy or other insurance certificates to the policyholder in time after the insurance contract is established.
POLICY ISSUANCE. To timely and properly issue, deliver and execute or countersign Policies, certificates, endorsements, binders and related documents on forms approved by Company and appropriate regulatory authorities, and as required by law, for the Business described in this Agreement. Manager shall ensure Policies will bear any notice requirements of any applicable law.
POLICY ISSUANCE. 1. The policy will be issued within the current operational guidelines and will contain the agreed upon forms and endorsements per the binder. It is important that we only bind what was quoted, and that the policy issued also reflects that. Any deviations are to be agreed by Divisional Leadership
2. No policy should be issued without receipt, review and acceptance of all required subjectivities of quoting and binding. Policies may be issued with secondary, non-critical subjectivities still pending at underwriter discretion if willing to waive receipt of the non-important information. Applications may be waived when an Underwriting Submission has been provided. Warranties should be considered critical information, and receipt may not be waived without Division Head or CUO approval.
3. No excess policy should be issued without receipt of the Controlling Underlying Insurance information (carrier names, dates, limits and policy numbers. As a rule, excess policies should not be issued until receipt of all underlying binders and at minimum the Controlling Policy (though exceptions may be made provided Controlling Policy’s binder with specimen forms has been received and reviewed, and with the approval of the Excess Casualty Manager).
4. Under no circumstances should an excess policy be issued prior to receipt and review of the Underlying policy(ies)er(s) without Division Head or CUO approval and Controlling Underlyer(s) Binder and applicable specimen forms and endorsements received.
POLICY ISSUANCE. General Agent shall not delegate its authority to issue Policies to any Agent or Broker or other third party, unless otherwise approved in writing by Company in advance of the delegation of authority by General Agent. General Agent’s request to Company for approval to delegate such authority shall include a copy of the agreement between General Agent and Agent or Broker which includes Agent’s or Broker’s authorities to be delegated by General Agent.
POLICY ISSUANCE. With respect to applications for coverage submitted to and accept by Company, Agent will timely and properly deliver and execute or countersign, if necessary, contracts of insurance, policies, certificate, endorsements, memoranda and binders (collectively, "Policies") as directed by Company. Such Policies shall not, however, be delivered by Agent unless Agent has collected the initial premium as required by Company.
POLICY ISSUANCE. This policy revises Administrative Policy No. 08-03R, Family/Medical Leave. Revisions are found in section 2. Policy, under Military Family Leave – Qualifying Reasons; Section 4.
POLICY ISSUANCE. ADMINISTRATOR will use CLIENT’s provided Rates, Forms and Rules to perform in accordance with Department of Insurance Regulations, applicable policy rating and issuance functions for all new, renewal, endorsement, cancellation, and non-renewal transactions.
POLICY ISSUANCE. 1) The policy will be issued within the current operational guidelines and will contain the agreed upon forms and endorsements per the binder.
2) No policy should be issued without receipt, review and acceptance of all required subjectivities of quoting and conditional binding. Issuance with secondary, non-critical subjectivities still pending at underwriter discretion if willing to waive receipt of the non-important information. Applications, warranties, financials and ownership if applicable should be considered critical information and receipt not waived without Division Head or CUO approval.
3) Excess Policies must have the underlying schedule of carriers, limits and policy numbers. As a rule, excess policies should not be issued until receipt of all underlying binders and at minimum Followed Policy though exceptions may be made provided Followed Policy’s binder with specimen forms has been received and reviewed and with the approval of the Financial Lines Manager.
4) Under no circumstances should an excess policy be issued prior to receipt and review of the Followed Policy without Division Head and CUO approval and Followed Policy Binder and applicable specimen forms and endorsements received.
POLICY ISSUANCE. This policy cannot be issued or delivered outside the country of residence Suriname or Guyana, except as may be specifically approved by Assuria Suriname and permitted under the laws . The policy is deemed issued or delivered upon receipt of the policy by the Policyholder in his/her country of residence.
