Life Insurance Companies definition

Life Insurance Companies means the nationally recognized and reputable life insurance companies, each with a credit rating of not less than “A” by AM Best & Co., as determined by Administrative Agent, and their respective successors and assigns, that are the issuers of the Life Insurance Policies.

Examples of Life Insurance Companies in a sentence

  • An organization meeting the following standards shall be eligible for a license to use the Licensed Marks within the service area of its sponsoring Licensed Plan to the extent and the manner authorized under the Controlled Affiliate License applicable to Life Insurance Companies and the principal license to the Plan.

  • The standards for licensing Life Insurance Companies (Life and Health Insurance companies, as defined by state statute) are established by BCBSA and are subject to change from time-to-time upon the affirmative vote of three-fourths (3/4) of the Plans and three-fourths (3/4) of the total weighted vote of all Plans.

  • All three arbitrators must be present or former officers of Life Insurance Companies or Life Reinsurance Companies, excluding however, officers of the two parties to this Agreement, their affiliates or subsidiaries or past employees of any of these entities.

  • Based on the Direction, Life Insurance Companies are allowed to transfer One-off surplus attributable to Policyholders' Non-Participating Fund to Shareholders' Fund.

  • There will be three arbitrators selected who will be officers of Life Insurance Companies or Life Reinsurance Companies excluding officers of the parties to this Agreement, their affiliates or subsidiaries or past employees of any of these entities.

  • As on till date there are total 24 Life Insurance Companies in India.

  • These arbitrators must be officers of Life Insurance Companies or Life Reinsurance Companies excluding officers of the parties to this Agreement, their affiliates or subsidiaries or past employees of any of these entities.

  • In providing financial advice and plans, we provide advice on products issued by Registered Life Insurance Companies, including investment life insurance products, life risk insurance products and products issued by Registered Life Insurance Companies and backed by statutory funds.

  • Life Insurance Companies (where the dividend is in respect of shares that are complying superannuation/ FHSA assets) and complying superannuation funds shareholders will be taxed on dividends at the prevailing tax rate which is currently 15%.

  • By: Date: By: Date: By: Date: CONTROLLED AFFILIATE LICENSE STANDARDS LIFE INSURANCE COMPANIES The standards for licensing Life Insurance Companies (Life and Health Insurance companies, as defined by state statute) are established by BCBSA and are subject to change from time-to-time upon the affirmative vote of three-fourths (3/4) of the Plans and three-fourths (3/4) of the total weighted vote of all Plans.


More Definitions of Life Insurance Companies

Life Insurance Companies means those certain life insurance companies that enter into the Reinsurance and Participation Agreement with NEWCO. A preliminary list of the Life Insurance Companies is set forth on Schedule 1.42 hereto, which shall be updated at Closing.
Life Insurance Companies means any and all life insurance companies issuing life insurance policies, annuities, segregated funds, disability insurance policies or related policies, solicited by the Agent and placed through the Company:

Related to Life Insurance Companies

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

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

  • 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.

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

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

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

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

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

  • 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.

  • 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.

  • 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.

  • Pure captive insurance company means a company that

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Insurance group means the persons that comprise an insurance holding company system.

  • 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.

  • Credit life insurance means insurance on the life of a debtor in connection with

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

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

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

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

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

  • Insurance Commissioner means the Insurance Commissioner

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the