Policyholder Variables Sample Clauses

The 'Policyholder Variables' clause defines the specific personal or policy-related details that pertain to the individual or entity holding the insurance policy. These variables may include information such as the policyholder's name, address, date of birth, coverage limits, and any other relevant identifiers or attributes that affect the terms and administration of the policy. By clearly outlining these variables, the clause ensures that the policy is tailored to the correct party and that all coverage and obligations are accurately assigned, thereby reducing ambiguity and potential disputes regarding who is covered and under what conditions.
Policyholder Variables. The values of three variables describing the policyholder do not vary across the records of the persons covered by the plan, regardless of whether the covered person is the policyholder. The variable DECPHLDR indicates the policyholder is deceased. The variable OUTHLDR indicates the policyholder resides outside the RU. In each case, there are no person-level records on a person-level PUF, even though the PRPL file has a record for the policyholder as a covered- person (that is, a record where PHOLDER=1). The variable NOPUFLG indicates there is another reason the policyholder does not have a record on a person-level PUF. The purpose of these flags is to explain any difficulty users may have linking policyholder information onto the PRPL file. These variables do not, however, measure mortality or policyholders’ leaving household, which should instead be obtained from the PSTATS variables on the person-level files. (For example, policyholders who die between rounds 1 (Panel 10) or 3 (Panel 9) and the end of 2005 will have records on HC-084 and HC-090, and PUF84FLG and PUF90FLG will be set to 1.)
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Policyholder Variables. ‌ The values of three variables describing the policyholder do not vary across the records of the persons covered by the plan, regardless of whether the covered person is the policyholder. The variable DECPHLDR indicates the policyholder is deceased. The variable OUTPHLDR indicates the policyholder resides outside the RU. In each case, there are no person-level records for the policyholder on any of the person-level PUF files, even though the PRPL file has a record for the policyholder as a covered person (that is, a record where PHOLDER=1). Instead, the person identifier portion of the coverage record identifier is set to either ‘901’ indicating a deceased policyholder or ‘902’ indicating a policyholder residing outside the RU. Through Panel 23 Round 8, Panel 24 Round 6, Panel 25 Round 4, and Panel 26 Round 2, a member of the dwelling unit could be selected as the policyholder at OE10 after the policyholder left the RU. In these cases, the person identifier of the policyholder changed from ‘902’ to the person identifier of the selected dwelling unit member. Due to a CAPI change, this selection at OE10 is no longer possible. Previously, the variable PHLDRCHNG indicated whether there was a change between rounds in the policyholder’s status of residing within the RU. With the removal of OE10, PHLDRCHNG was dropped from this file. Some continuing coverage may exist where a policyholder was selected at OE10. OUTPHLDR continues to identify only those policies where the person identifier of the policyholder is set to “902”; OUTPHLDR will be set to 2 NO in cases where a member of the dwelling unit was selected as the policyholder at OE10 in a subsequent round. As noted above, InsurPrivIDEX does not change across rounds for the same policy and thus may be used to link coverage records across rounds. The variable NOPUFLG indicates there is another reason the policyholder does not have a record on a person-level PUF. The purpose of these flags is to explain any difficulty users may have linking policyholder information onto the PRPL file. These variables do not, however, measure mortality or policyholders’ leaving the household, which should instead be obtained from the PSTATS variables on the person-level file. For example, policyholders who die between Round 1 (Panel 26) or Round 3 (Panel 25) or Round 5 (Panel 24) or Round 7 (Panel 23) and the end of 2021 will have records on HC-233, and FYFLG will be set to 1 YES.
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Policyholder Variables. The values of two variables describing the policyholder do not vary across the records of the persons covered by the plan, regardless of whether the covered person is the policyholder. The variable DECPHLDR indicates the policyholder is deceased. The variable OUTHLDR indicates the policyholder resides outside the RU. In each case, there are no person-level records on the PUFs, even though the PRPL file has a record for the policyholder as a covered-person (that is, a record where PHOLDER=1). The purpose of these flags is to explain any difficulty users may have linking policyholder information onto the PRPL file. These variables do not, however, measure mortality or policyholders= leaving household, which should instead be obtained from the PSTATUS variables on the person-level files. (For example, policyholders who die between rounds 1 (Panel 2) or 3 (Panel 1) and the end of 1997 will have records on HC-005 and HC-020, and PUF5FLG and PUF20FLG will be set to 1.)
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Related to Policyholder Variables

  • Policyholder The (legal) person(s) who takes out the insurance or his legal successor(s). The intentional or unintentional ending of one's own life.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • FACULTATIVE REINSURANCE 3.1 The Ceding Company may submit any application on a plan or rider identified in Exhibit B − Plans Covered and Binding Limits, to the Reinsurer (or any other reinsurer) for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing information similar to the example outlined in Exhibit F – Application for Facultative Reinsurance. Accompanying this application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. After consideration of the application for facultative reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of one hundred twenty (120) days, unless otherwise specified by the Reinsurer in its offer. If the Ceding Company accepts the Reinsurer's offer, then the Ceding Company will note its acceptance in its underwriting file and include the policy on the next billing statement issued to the Reinsurer following policy activation. Reinsurer agrees the reinsurance offer will be deemed accepted by Ceding Company at the point in time Ceding Company makes such notation in its underwriting file in accordance with the Ceding Company's standard facultative placement procedures. Changes in plan, contract number, policyowner, or amount of coverage may be made subsequently by the Ceding Company without obtaining another offer from the Reinsurer provided such changes are within the amount approved by the Reinsurer and do not change the underlying risk. Coverage for any Automatic Increasing Benefit Rider shall be provided in accordance with this Agreement notwithstanding any notations on the offer that say "no benefits", "benefits excluded", or words of similar import. The relevant terms and conditions of the Agreement will apply to those facultative offers made by the Reinsurer which are accepted by the Ceding Company. Nothing herein prevents the Ceding Company from retaining the risk on a policy that was facultatively shopped or placing the policy with a different facultative reinsurer.

  • Reinsurance reinsurance with reinsurers acceptable to Lessor acting reasonably is required and such reinsurance will: (i) be on the same terms as the original insurances and will include the provisions of this Schedule; (ii) provide that notwithstanding any bankruptcy, insolvency, liquidation, dissolution or similar proceedings of or affecting the reinsured that the reinsurers’ liability will be to make such payments as would have fallen due under the relevant policy of reinsurance if the reinsured had (immediately before such bankruptcy, insolvency, liquidation, dissolution or similar proceedings) discharged its obligations in full under the original insurance policies in respect of which the then relevant policy of reinsurance has been effected; and (iii) contain a “cut-through” clause in the following form (or otherwise satisfactory to Lessor): “The Reinsurers and the Reinsured hereby mutually agree that, in the event of any claim arising under the reinsurances in respect of a total loss or other claim, as provided by the Aircraft Lease Agreement dated March 12, 2007 and made between Lessor and Lessee, such claim is to be paid to the Person named as sole loss payee under the primary insurances, the Reinsurers will in lieu of payment to the Reinsured, its successors in interest and assigns pay to the Person named as sole loss payee under the primary insurances effected by the Reinsured that portion of any loss due for which the Reinsurers would otherwise be liable to pay the Reinsured (subject to proof of loss), it being understood and agreed that any such payment by the Reinsurers will (to the extent of such payment) fully discharge and release the Reinsurers from any and all further liability in connection therewith; subject to such provisions not contravening any Law of the State of Incorporation;”

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.