Insurance Company General Account definition

Insurance Company General Account has the meaning set forth in Section V(e) of Prohibited Transaction Class Exemption 95-60
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Insurance Company General Account. The percentage of assets in such account used to purchase Units that represents the assets of "employee benefit plans" does not exceed _______%.
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Insurance Company General Account. (as such term is defined in PTCE 95-60) and the conditions set forth in Sections I and III of PTCE 95-60 have been satisfied.
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Examples of Insurance Company General Account in a sentence

  • All principal and interest shall be paid in lawful money of the United States of America, by wire transfer of immediately available funds to the registered owner hereof at Norwest Bank, Iowa, N.A., 7th and Walnut Streets, Des Moines, Iowa 50304, for credit to Principal Mutual Life Insurance Company, General Account No. 014752, RE: D-751849 with reference to the undersigned.

  • Insurance Company General Account and Plan Asset Entity Purchasers.

  • Any amounts credited to a Participant’s Account with respect to which a Participant does not provide investment direction shall be credited with earnings equal to the General American Life Insurance Company General Account rate.

  • Accordingly, if you have any question regarding whether you may be an entity described in this Section 2, you should consult with your counsel.3. ☐ Insurance Company General Account.

  • Insurance Company General Account Contracts – Initially, the Fund will also invest in one or more general account contracts issued by insurance companies (each, a “General Account”).

  • For the year ended December 31, 2017, the Plan invested in investment contracts with Minnesota Life through the Minnesota Life Insurance Company General Account ("General Account").

  • GENERAL SELECTIONS REQUIREMENT FOR ALL INVESTMENT OPTIONS: All Investment options should maintain the following characteristics: • Diversification by Holdings: Except for Insurance Company General Account products, all investment options shall maintain a sufficient number and breadth of holdings to provide an adequate representation of the primary characteristics of the benchmark index.

  • Tenant covenants to pay the Basic Rent by wire transfer of immediately available funds to Permitted Beneficiary at Norwest Bank Iowa, N.A., Seventh and Xxxxxx Xxxxxxx, Xxx Xxxxxx, Xxxx 00000, for credit to Principal Mutual Life Insurance Company, General Account No. 014752 Re: D-399815 and/or to such other person or such other place or account as Landlord and Permitted Beneficiary, if any, from time to time may designate to Tenant in writing.

  • Insurance Company General Account: The percentage of assets in such account used to purchase Units that represents the assets of "employee benefit plans" does not exceed _____%.

  • Except for the portion of any Heat-N-Glo Account invested in the Mutual Benefit Life Insurance Company General Account Fund prior to December 31, 1999, the Heat- N-Glo Accounts shall be invested in the Funds pursuant to Section 7.1. A-1.5 Distributions.


More Definitions of Insurance Company General Account

Insurance Company General Account. WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 ("PTCE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995), AND THE CONDITIONS SET FORTH IN Section I AND Section III OF PTCE 95-60 ARE SATISFIED WITH RESPECT TO THE PURCHASE AND HOLDING OF THE CERTIFICATES, OR (ii) IF THIS CERTIFICATE IS PRESENTED FOR REGISTRATION IN THE NAME OF A PLAN SUBJECT TO TITLE I OF ERISA, OR Section 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING THE ASSETS OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, AN OPINION OF COUNSEL TO THE EFFECT THAT THE PURCHASE OR HOLDING OF THIS CERTIFICATE WILL NOT RESULT IN THE ASSETS OF THE TRUST FUND BEING DEEMED TO BE "PLAN ASSETS" PURSUANT TO THE DEPARTMENT OF LABOR PLAN ASSET REGULATIONS SET FORTH IN 29 C.F.R. ss.2510.3-101 AND TO BE SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF ERISA OR THE PROHIBITED TRANSACTION PROVISIONS OF THE CODE, WILL NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF Section 406 OR Section 407 OF ERISA OR Section 4975 OF THE CODE, AND WILL NOT SUBJECT THE TRUSTEE, THE SERVICER, THE COMPANY OR ANY OF THEIR AFFILIATES TO ANY OBLIGATION OR LIABILITY (INCLUDING OBLIGATIONS OR LIABILITIES UNDER ERISA OR Section 4975 OF THE CODE) RELATING TO THE CERTIFICATES.
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Related to Insurance Company General Account

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

  • 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.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • 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.

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • Sponsored captive insurance company means a captive insurance company:

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Captive insurance company means any pure captive insurance company, association captive

  • Insurance Account shall have the meaning set forth in Section 8.6 hereof.

  • Insurance Fund means the pest control insurance fund established pursuant to this compact.

  • 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.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

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

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

  • Insurance Commissioner means the Insurance Commissioner

  • Pure captive insurance company means a company that

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

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

  • Umbrella Cash Account means (a) a cash account designated in a particular currency opened

  • Insurance Affordability Program means a program that is one of the following:

  • Company Insurance Policies has the meaning set forth in Section 4.15.

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

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Credit unemployment insurance means insurance:

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).