Policyholder. Any individual or entity which is the owner of a Policy or which has the right to terminate or lapse the Policy, effect changes of beneficiary, coverage limits, add or terminate persons covered under such Policy or direct any other policy changes in such Policy.
Appears in 4 contracts
Samples: Reinsurance and Asset Purchase Agreement (HealthMarkets, Inc.), Coinsurance Reinsurance Agreement (Citizens Inc), Coinsurance Reinsurance Agreement (Citizens Inc)
Policyholder. Any individual or entity which who is the owner of a Policy or which who has the right to terminate or lapse the Policy, effect changes of beneficiary, coverage limits, add or terminate persons covered under such Policy or direct any other policy changes in such Policy.
Appears in 4 contracts
Samples: Coinsurance Agreement (Security National Financial Corp), Coinsurance Agreement (Security National Financial Corp), Coinsurance Agreement (Security National Financial Corp)
Policyholder. Any individual or entity which (i) is the owner of a Policy or which has the right to terminate or lapse the Policy, effect changes of beneficiary, coverage limits, add or terminate persons covered under such Policy or direct any other policy changes in such PolicyPolicy or (ii) in the case of a Policy that is an assumed reinsurance contract, the ceding company thereunder.
Appears in 1 contract
Samples: Reinsurance and Asset Purchase Agreement (HealthMarkets, Inc.)
