Coinsured Policies definition

Coinsured Policies means the Existing GBO Policies and the Transition GBO Policies.
Sample 1Sample 2Sample 3
Coinsured Policies has the meaning set forth in the Recitals. “Company” means Xxxxxxx’s Life Insurance Company.
Sample 1
Coinsured Policies means the Closed Block Policies and Non-Closed Block Policies.
Sample 1

Examples of Coinsured Policies in a sentence

  • The services to be provided in connection with the Coinsured Policies under the Services Agreement.

  • The Coinsured Policies are not eligible for recapture by the Company.

  • This Coinsurance Agreement shall apply to Coinsured Policies covering lives and risks wherever resident or situated.

  • The Company shall promptly pay the Reinsurer all amounts owing from Third Party Reinsurance with respect to the Coinsured Policies irrespective of the Company's ability to collect such amounts from any other party to such Third Party Reinsurance.

  • The review, payment, settlement or compromise of all claims and losses relating to the Coinsured Policies shall be handled by the Reinsurer, in its capacity as service provider, in accordance with the terms and conditions of the Administration Agreement.

  • The Reinsurer shall pay all premiums, Commissions or other amounts due for Third Party Reinsurance to the extent attributable to reinsurance of Coinsured Policies.

  • In the event that the foregoing terms and conditions or assumptions, as the case may be, are required to be changed by any regulatory authority having jurisdiction over the Coinsured Policies, or as otherwise required by law, the Company shall immediately notify the Reinsurer of such required changes.

  • Each party and its designated representatives shall have the right to inspect, review and copy the papers and any and all other books or documents relating to the Coinsured Policies maintained by the other party under this Coinsurance Agreement or the Administration Agreement.

  • All other books, records, papers and documents relating to the Coinsured Policies shall be maintained by the Reinsurer, as service provider, pursuant to the terms and conditions of the Administration Agreement.

  • The Company shall not change (a) the terms and conditions of any Coinsured Policies, or (b) the assumptions, including the statutory Reserve rate assumptions, used by the Company to establish the Reserves and Liabilities with respect to such Coinsured Policies without the prior written approval of the Reinsurer as to such change, except for changes required by any regulatory authority having jurisdiction over the Coinsured Policies or as otherwise required by law.


More Definitions of Coinsured Policies

Coinsured Policies has the meaning set forth in the Coinsurance Agreement.
Sample 1
Coinsured Policies. Existing GBO Policies," and "Transition GBO Policies" having the meanings set forth in the Purchase Agreement, or, if not defined in the Purchase Agreement, the Coinsurance Agreement);
Sample 1

Related to Coinsured Policies

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Shared Policies has the meaning set forth in Section 8.1(b).

  • Coinsurance means that you pay a percent of the total cost of the drug each time you fill a prescription.

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • D&O Policies has the meaning set forth in Section 8.06.

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Indian Resident /s and for whom the insurance is also proposed and appropriate premium paid.

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • Lapsed Policy means a Policy which has not acquired the Surrender Value and where the due Premium has not been received till the expiry of the Grace Period.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Insurance Contracts means all contracts and policies of insurance and re-insurance maintained or required to be maintained by or on behalf of any Grantor under the Loan Documents.

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Reinsurers shall be understood to mean “Reinsurers”, “Underwriters” or whatever other term is used in the attached reinsurance document to designate the reinsurer or reinsurers.

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • Surplus lines insurer means a non-admitted insurer with which insurance coverage may be placed under this chapter.

  • Self-insured retention means the individual own risk employer's or group self-insurance association's retained amount of risk under a specific excess insurance policy, before the liability is transferred to an insurance carrier.

  • Self-insured employer means an employer or group of employers certified under ORS

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Claims Made Policies has the meaning set forth in Section 5.01(b).

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Insured contract means any written: a. leases of premises; b. easement agreements, except those concerning construction or demolition operations abutting railroad property; c. obligation to insure a municipality as required by law or ordinance, except in connection with work for the municipality; d. sidetrack agreements; or e. elevator maintenance agreements.

  • Self-insurance means the licence holder's financial capacity to meet any liability to a third party in respect of which the licence holder does not otherwise have insurance.

  • Policy means Related Party Transaction Policy.

  • Insured Property means the vessel, including the power units, accessories and equipment. “Parasailing” means using your vessel to tow a person in a device designed for flight. “Waterskiing” means using your vessel to tow a person on water skis or flotation devices.