Closed block of business means a block of business which a carrier ceases to actively offer or sell to new applicants.
Closed block of business means a block of business that a
Closed block of business means a block of business where an insurer ceases to market or sell in Wyoming any new individual, group or blanket disability insurance contracts under a particular policy form and no new contracts are being added to the block;
Examples of Closed block of business in a sentence
Closed block of business for participating life policies of a Class 1 mutual company.
More Definitions of Closed block of business
Closed block of business means a block of business for which an insurer ceases to actively market, sell, and issue new contracts under a particular policy form in this State.
Closed block of business means a block of business for which an
Closed block of business means a block of business which an insurer ceases
Closed block of business means a block of business which an insurer ceases to actively offer or sell to new applicants.