Group policyholder definition
Group policyholder means an employer, labor union, association, trust fund or other entity responsible for making group policy premium payments to an insurer.
Group policyholder means the organization named in the certificate declarations and who holds the group policy.
Group policyholder means the group entity to which a group Medicare supplement policy is issued.
Examples of Group policyholder in a sentence
There are two options available under this Group Policy: This is a group regular premium, one year renewal term insurance cover given to eligible credit card holders of the Group policyholder with the following benefits: (i) Option (A) – Level benefit: Where the face amount is equal to the credit limit on the credit card of the insured member, at the beginning of the month in which the insured event has occurred, subject to maximum of 10 lakh rupees.
Under option (A) Level benefit on occurrence of the insured event the Group policyholder will pay the beneficiary / legal heirs the amount in excess of the outstanding on the credit card of the insured member.
More Definitions of Group policyholder
Group policyholder. (“Policyholder”) means Spectrum Mobile, LLC, the organization that holds the Group Policy.
Group policyholder means a person which both contracts with an insurance company for accident or health insurance policies and provides group accident or health insurance to individuals by virtue of their membership in an organization. An organization shall not be deemed to be a “group policyholder” to the extent that its members are “employers” and those “employers” in turn provide benefits to their employees and their dependents under the “employer’s” benefit plan. Hence, if an individual has group accident or health insurance by virtue of employment, all obligations fall on the “employer” even if that insurance is provided by virtue of the “employer’s” membership in an organization which is deemed to be a “group policyholder.”
Group policyholder. (“Policyholder”) means Comcast OTR1, LLC, the organization that holds the Group Policy.
Group policyholder means a policy owner under a group poli- cy which provides coverage to an entire group of fifty-one or more in- dividuals.
Group policyholder. The Employer or the Trustees of the Trust set up the Employer to administer its Fund, as specified in the Schedule.
Group policyholder means a policyholder for a health 16
Group policyholder means an administrator.