Examples of Insurance Division in a sentence
Foreign insurance companies must register with DCCA, Insurance Division.
For these purposes, the net amount at risk is equal to the death benefit less the Policy Owner’s accumulated value.Any request for a change in face amount must be by written application to Pacific Life’s Life Insurance Division.
All net premiums are allocated to the Policy Owner’s instructions the later of 15 days after the Policy is issued or when all requirements for the Policy to be considered In Force are delivered to the Life Insurance Division (the Free-Look Transfer Date).Additional net premium payments will be allocated among the investment alternatives according to the Policy Owner’s instructions (after the Free-Look Transfer Date).
When a Policy is issued and all delivery requirements are received at Pacific Life’s Life Insurance Division, the Accumulated Value will be automatically allocated according to the Policy Owner’s instructions in the application or more recent instructions if any (except for amounts allocated to the Loan Account to secure any Debt).
Complaints that are not settled by the issuer may be sent to the Insurance Division.