Allianz Life definition

Allianz Life s net amount at risk for each of the ten policy years, during any ten policy year period after the first ten policy years, shall be the prior year's net amount at risk less an amount equal to one-tenth of the difference between (a) the cash value of the life insurance reinsured as of the end of the policy year immediately preceding the period involved, and (b) the cash value of the life insurance reinsured as of the end of the last policy year of the period involved.
Sample 1Sample 2
Allianz Life refers to Allianz Life Insurance Company of North America; (ii) “Allianz Life of NY” refers to Allianz Life Insurance Company of New York; (iii) “ALFS” refers to Allianz Life Financial Services, LLC; and “we” or “us” refers to the Allianz parties collectively. Allianz Life and Allianz Life of NY issue variable annuity and/or variable life insurance contracts (“Contracts”) through their separate accounts, which invest in Shares; ALFS is a registered broker-dealer and the principal underwriter of the Contracts. The terms and conditions of this Agreement are as follows:
Sample 1Sample 2
Allianz Life has the meaning specified in the introductory paragraph.
Sample 1

Examples of Allianz Life in a sentence

  • Any updates to the “Doing Business with Allianz Life Financial Services, LLC,” document transmitted by Allianz or Life Company to General Agent shall be incorporated into and become a part of this Agreement.

  • General Agent and its Associated Persons shall, in the solicitation and sale of the Contracts, comply with the Allianz or Life Company rules, policies, and procedures in the “Doing Business with Allianz Life Financial Services, LLC” document which is attached hereto as Exhibit A and incorporated herein by reference.

  • The separate accounts of Allianz Life and Allianz Life of NY that fund the Contracts, together with certain affiliates, are the owners of record of the Acquired Fund shares; however, the owners of the Contracts ("Contract Owners"), as beneficial owners of the Acquired Fund shares held by the separate accounts, will have the opportunity to instruct Allianz Life and Allianz Life of NY on how to vote the shares held by the separate accounts.

  • These Policy Terms and Conditions override and supersede all prior communications, arrangements, agreements and understandings between the Policyholder and Bajaj Allianz Life Insurance Company Limited.

  • Allianz Life of NY will use reasonable procedures to confirm that these electronic instructions are genuine.

  • The aggregate dues from the facilities, both fund and non-fund based, extended to, the companies in the same group or other entities or business ventures in which the Director/Company are holding substantial interest are `43.53 crore (Bajaj Allianzp.a. on per Deposit amount of up to `5 (five) crore;Dr. Omkar GoswamiE-121, Masjid Moth, First Floor, GreaterEconomistGeneral Insurance Company – `5.02 Cr, Bajaj Allianz Life Insurance Company Ltd.

  • The personnel responsible for providing compliance services under this agreement will be employees of AIM, or its parent, Allianz Life Insurance Company of North America (“Allianz Life”).

  • The parties to this Agreement acknowledge that the Trusts’ Chief Compliance Officer is an employee of Allianz Life and reports to the Chief Ethics and Compliance Officer of Allianz Life for AIM human resources purposes, including performance review and compensation, and that this relationship involves inherent conflicts of interest.

  • Electronic Authorization – Allianz Life of NY accepts allocation and transfer instructions by electronic notification.

  • The aggregate dues from the facilities, both fund and non-fund based, extended to, the companies in the same group or other entities or business ventures in which the Director/Company are holding substantial interest are ₹43.53 crore (Bajaj Allianzp.a. on per Deposit amount of up to ₹5 (five) crore;Dr. Omkar GoswamiE-121, Masjid Moth, First Floor, GreaterEconomistGeneral Insurance Company – ₹5.02 Cr, Bajaj Allianz Life Insurance Company Ltd.

Related to Allianz Life

  • Career teacher means a teacher who:

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Member of the University Community means any person who is a volunteer including high school students, an enrolled student, faculty or staff member, University official, any other person employed by the University or campus visitors.

  • PCC means the Particular Conditions of Contract;

  • Medical cannabis card means the same as that term is defined in Section 26-61a-102.

  • Life sciences means science for the examination or understanding of life or life processes, including, but not limited to, all of the following:

  • PCA means Parliamentary Commissioner Act 1971.

  • Headteacher means the most senior teacher in the Academy who is responsible for its management and administration. Such teacher may also be referred to as the Head of School or Principal.

  • Medical Foods means nutritional substances in any form that are:

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Alliance means the Public Service Alliance of Canada;

  • IMS means IMS Health Incorporated.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • AIG means American International Group, Inc.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Community Developmental Disability Program (CDDP means an entity that is responsible for planning and delivery of services for individuals with developmental disabilities in a specific geographic service area of the state operated by or under a contract with the Division or a local mental health authority.

  • Broadcaster means a person or a group of persons, or body corporate, or any organization or body who, after having obtained, in its name, downlinking permission for its channels, from the Central Government, is providing programming services;

  • EUMA means the “SAP Delivered Support Agreement” which sets out the terms and conditions under which SAP provides support to End Users and which will be provided by SAP on a deal by deal basis.

  • aepaccmeצc means the department of public health.

  • Nuclear pharmacy means a pharmacy providing radio-pharmaceutical service.

  • Medical management technique means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

Most Referenced Clauses

Most Referenced Definitions