Insured Individual definition

Insured Individual means an insured, an enrollee, a subscriber, a policy holder, a participant, or a beneficiary.

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Insured Individual means any natural person who is:

Insured Individual means an individual who belongs to a Class of specified eligible individuals provided such individual’s name is on file with OTIP or the Plan Sponsor as being insured under this Policy.

Examples of Insured Individual in a sentence

• Maximum liability of the Company under all such Claims during the Policy Period shall be the Sum Insured (Individual or Floater) opted and specified in the Schedule.

• The Reinsurer's liability to the Company for the reinsurance due shall be based on the net amount at risk at the time of the Insured Individual death.

• ON BASIC PREMIUM(S) Reinsurance premiums will be based on the following percentages of the Society of Actuaries 1990-1995 ANB table, attached to this Exhibit C-1: ON LAST SURVIVOR POLICIES To calculate premium rates for last survivor policies, first determine the appropriate single life rate for each Insured Individual.

• This right to elect any Extended Reporting Period shall lapse unless written notice that it is being elected, together with payment of the additional premium due, is given by the Policyholder or Insured Individual and is received by the Insurer within sixty (60) days following the effective date of cancellation or nonrenewal, as appropriate.

• Such Loss shall be covered under this Policy only if and to the extent that such Loss would be covered under this Policy if incurred by the Insured Individual.

More Definitions of Insured Individual

Insured Individual means a covered individual under the policy and legally capable

Insured Individual. A person eligible for benefits under the Policy forms reinsured pursuant to this Agreement and included on SCHEDULE A.

Insured Individual means, individually and collectively: 1. any Named Insured that is a natural person; 2. any director, officer, trustee or employee of the Named Insured; and 3. any individual contracted to perform work for the Named Insured or who is an independent contractor for the Named Insured, but only while such individual performs work or services solely for or on behalf of the Named Insured;

Insured Individual means the individual persons qualifying as Insureds under Section II this Policy by virtue of their affiliation with a Named Insured.

Insured Individual means: (1) any past, present or future natural person, director, officer, partner or employee of the INSURED ORGANIZATION or of a plan, in his or her capacity as a fiduciary or administrator of a plan; and (2) any other natural person who is included in the definition of "INSURED " by specific written endorsement attached to this policy, but only in his or her capacity as a FIDUCIARY or ADMINISTRATOR OF A PLAN

Insured Individual means an Eligible Student of the Policyholder and any of the student's Eligible Dependents, as described in the Eligibility Section of the Policy, for whom premium is paid and who is enrolled for coverage in accordance with Policy requirements.

Insured Individual means any one or more natural persons who are past, present or future: