BUSINESS COVERED definition

BUSINESS COVERED means the business described in Article I.
BUSINESS COVERED shall have the meaning ascribed to such term in the LPT Reinsurance Agreement.
BUSINESS COVERED means the in-force block of Reinsured Contracts reinsured under this Agreement.

Examples of BUSINESS COVERED in a sentence

  • This Contract, as incorporated into the I&L Agreement as set forth in Article 1 - BUSINESS COVERED & QUOTA SHARE CESSION; CONTRACTUAL FRAMEWORK, is solely between the Company and the Reinsurer.

  • Medical Inter-Insurance Exchange of New Jersey Of: Two Princess Road Lawrenceville New Jersey TYPE: (1) Excess Cession Contract and (2) Excess Event Protection arising out Medical and Dental Practitioner Liability and Hospital and other Health Care Institution Professional Liability PERIOD: Effective January 1, 1999 covering on a risks attaching basis for BUSINESS COVERED, and continuous thereafter unless terminated.

  • BUSINESS COVERED: Workers Compensation/Employers Liability Insurance on business produced by Stirling ▇▇▇▇▇ Insurance Services, Inc.

  • ARTICLE 1 BUSINESS COVERED This Contract is to indemnify the Company in respect of the liability that may accrue to the Company as a result of loss or losses under all Policies written or renewed by the Company during the term of this Contract and classified by the Company as personal property insurance, personal liability insurance, including but not limited to private passenger auto insurance, and pet insurance, subject to the terms and conditions herein contained.

  • EXHIBIT B - BUSINESS COVERED The business reinsured under this Agreement is defined as follows: Policies issued on the business identified below may qualify for reinsurance if the issue date for the policy is on or after the Effective Date of this Agreement.


More Definitions of BUSINESS COVERED

BUSINESS COVERED. All business underwriters by New Jersey State Medical Underwriters, Inc. ("Underwriters") and classified by the COMPANY as Medical and Dental Practitioner Professional Liability, Umbrella Liability, Hospital and Other Health Care Institution Professional Liability, and Commercial General Liability Business, Directors and Officers Liability, Fiduciary Liability, Managed Care Errors and Omissions Liability, Employment Practice Liability, Miscellaneous Professional Indemnity (including but not limited to, Lawyers Professional, Notary Public and Electronic Data Processors). This Agreement applies to losses first occurring under occurrence policies and claims made under claim made policies both in respect of risks attaching during the TERM. REINSURERS shall be subject to all of the 2 conditions of the Permanent Protection Policies (PPP) or any other underlying.
BUSINESS COVERED means the in-force block of Retroceded Contracts retroceded under this Agreement.
BUSINESS COVERED. The following types of policy forms as written by the Company:
BUSINESS COVERED. To cover all business written and/or assumed by RISCORP NATIONAL INSURANCE COMPANY, as underwritten and managed by RISCORP (and its subsidiaries and/or branch offices) and classified as: Workers Compensation and Employers Liability business domiciled in states other than Florida.
BUSINESS COVERED shall have the meaning set out in the Reinsurance Agreement;
BUSINESS COVERED. Part A Business Covered: Amounts paid or to be paid by the Company as life insurance benefits, cash values or otherwise (but excluding all benefits that are included in Part C Business Covered) to its life insurance policyholders and annuity contract holders, or beneficiaries or proper assignees thereof, where such amounts arise out of policies or contracts issued by the Company but are in addition to the amounts anticipated at the time the policies or contracts were issued; and, where such amounts are payable pursuant to judgments in, or settlements of, lawsuits or other proceedings (including without limitation administrative proceedings) alleging that the Company or its agents engaged in improper sales practices. Part B Business Covered:
BUSINESS COVERED. The policies on the plans shown below with policy issue dates falling in the period that begins with the Commencement Date and ends with the Termination Date are covered subject to any limitations shown below or elsewhere in this Agreement. Riders and supplementary benefits shall also be covered in accordance with the Limitations, Commencement Date and Termination Date of the base policy to which they are attached unless stated otherwise. These policies, riders and supplementary benefits are on lives resident in the United States or territories of the United States. CURRENCY: US$ LIMITATIONS: 1. A seventy percent (70%) first dollar quota share of each policy, up to the limits specified in Exhibit E, is eligible for automatic coverage on all policies on lives with surnames commencing with the letters A to Z inclusive. (Any application may be offered on a facultative basis.) PLANS, RIDERS AND BENEFITS: PLAN(S) AND EXHIBIT COMMENCEMENT TERMINATION Form No(s). Reference Limitations` Date Date Critical Choice, S/NS C, C- I 1. June 1, 1997 Policy Form: CIS197A RIDERS N/A SUPPLEMENTARY BENEFITS N/A Z H:\USID_TOR\MWSE\TTY\STDLFIND\TTY20697.DOC EXHIBIT A-II COMPANY'S UNDERWRITING FORMS AND EVIDENCE AND ISSUE RULES The following information and items are to be provided to the Reinsurer: