Block of business means all the individuals insured under the same individual health benefit plan.
Block of business means a separate risk pool grouping of covered individuals, enrollees, and dependents as defined by rules of the commissioner.
Block of business means business that increases the receiving licensee’s, or reduces the transferring licensee’s, fee income by 15% or more; such figure being calculated using the last audited accounts of that licensee;
More Definitions of Block of business
Block of business means a particular individual policy form or contract providing hospital, medical or surgical expense, long-term care or medicare supplement coverage issued by a carrier to one or more individuals which includes distinct benefits, services and terms.
Block of business means a particular policy form or
Block of business means all those individual, group or blanket disability insurance contracts issued by an insurance company under a particular policy form approved by the Wyoming insurance department;
Block of business means a particular policy form or contract of individual accident and health insurance issued by an insurer.
Block of business means (a) all private passenger automobile business as included in the NAIC Annual Statement private passenger automobile liability and physical damage lines issued by PIC on or after the Closing Date which was produced by OCNJ Agents who are not appointed by PIC as of the Closing Date, (b) all Business which is renewed with PIC after the Closing Date which was produced by OCNJ Agents who were appointed by PIC prior to the Closing Date, and (c) all Business which is renewed with PIC after the Closing Date which was produced by Active Cancelled Agents or nonresident OCNJ agents who are appointed by PIC, regardless of when appointed by PIC.
Block of business means a particular policy form or contract of