Existing Life Insurance definition

Existing Life Insurance means life insurance, as herein defined, that is in force, and includes life insurance under a binding or conditional receipt or a life insurance policy that is within an unconditional refund period.
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Existing Life Insurance means any life insurance in force including life insurance under a binding or conditional receipt or a life insurance policy that is within an unconditional refund period, but excluding life insurance obtained through the exercise of a dividend option.
Sample 1Sample 2Sample 3
Existing Life Insurance means any in-force life insurance, including life insurance under a binding or conditional receipt or within the unconditional refund period.
Sample 1Sample 2

Examples of Existing Life Insurance in a sentence

  • Existing Life Insurance or Annuity" means any life insurance or annuity in force, including life insurance under a binding or conditional receipt or a life insurance policy or annuity that is within an unconditional refund period.

  • In addition to any continuation of benefits provided for in this Section 4, the Company shall continue to maintain those life insurance policies, including the transferability provisions thereof, maintained by the Company for the benefit of Employee on the date hereof (the "Existing Life Insurance Policies") for a period of two years following the date of any such termination.

  • In addition, in the event Employee becomes permanently disabled, the Company shall continue to maintain the Existing Life Insurance Policies through the end of the term of this Agreement.

  • Pre-approval Criteria for Existing Life Insurance Policies Benefaction requires the following information prior to confirming acceptance of an insurance policy gift.

  • Risk Management PROPOSED POSITION‌LifeYour Existing Life Insurance is enough.

  • Effective Date: Taxable years beginning after December 31, 2017.K. Reporting Requirements for Existing Life Insurance Contracts and Transfers in Value.

  • In one case, it was shown that hydrophobic contaminants can irreversibly interact with fullerene aggregates in water, and these species showed a high capacity for concentrating a model aromatic hydrocarbon (Cheng et al., 2004).The mobility of eight particulate products of nanochemistry in a well-defined porous medium were evaluated by Lecoanet et al.

  • In addition, the Company shall continue to pay the premiums on the Existing Life Insurance Policies and make the other payments provided in Section 2(d) for such period.

  • In addition, in the event Employee becomes permanently disabled, the Company shall continue to pay the premiums on the Existing Life Insurance Policies and make the other payments provided in Section 2(d) to the Stated Termination Date.


More Definitions of Existing Life Insurance

Existing Life Insurance means any life insurance in force, including life insurance under a binding or conditional receipt or a life insurance policy that is within an unconditional refund period.
Sample 1
Existing Life Insurance means any life insurance or annuity in force, including life insurance or annuity under a binding or conditional receipt or a life insurance or annuity policy that is within an unconditional refund period.
Sample 1

Related to Existing Life Insurance

  • Life insurance means contracts that incorporate mortality risk, including annuity and pure endowment contracts, and as may be specified in the valuation manual.

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

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

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • 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.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Franchise insurance means an individual insurance policy provided through a

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • life policy means a contract in terms of which a person, in return for a premium, undertakes to -

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Reimbursement insurance policy means a policy of insurance

  • Title Insurance Company means the company that has or will issue the title policies with respect to a Leased Property, which company shall be reasonably acceptable to the Funding Parties.

  • Accidental death and dismemberment insurance or "AD&D" means basic accidental death and dismemberment (AD&D) insurance paid for by the employing agency, as well as supplemental accidental death and dismemberment insurance offered to and paid for by employees for them- selves and their dependents.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.