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Individual insurance definition

Individual insurance means health or medical insurance coverage other than a group health benefit plan or public assistance that is or may be provided individually for a child.
Individual insurance means health or medical insurance coverage other than a group health benefit
Individual insurance means non-group insurance coverage sold directly to person or persons covered.

Examples of Individual insurance in a sentence

  • Individual insurance in the name of the parties to the Joint venture will not be accepted.

  • Individual insurance carriers and corresponding policy numbers are as follows: (i) Beazley Lloyd’s Syndicate 2623/623, W233C1190201; (ii) Arch Specialty Insurance Co., ESP7303053-03; (iii) Lexington Ins.

  • Individual insurance policies shall be issued upon filling in the relevant insurance application specifying the risks Insured desires to be covered against.

  • Individual insurance products include universal life and other long-term life and health insurance products.

  • Individual insurance policies may be necessary for liability and repatriation.

  • Individual insurance contracts are usually annual contracts with tacit renewal.

  • Premium income received in advance is included in insurance and other payables.Premium income originates from various sources, and is recognised as follows:• Individual insurance contracts - recurring: when due;• Individual insurance contracts - single: when received; and• Group schemes: when received.

  • Individual insurance premiums lower than otherwise due to spreading risk over more drivers, and potential increased incentive for newly insured drivers to drive safely.

  • Individual insurance coverage for any laid-off bargaining unit member shall continue for thirty (30) days from the beginning of said layoff.

  • Only the Individual insurance segment conducts business in both Canada and Bermuda, the other segments only conduct business in Canada.

Related to Individual insurance

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Property Insurance is defined in Section 6.10(a).

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