Life insurance means contracts that incorporate mortality risk, including annuity and pure endowment contracts, and as may be specified in the valuation manual.
Life Insured means the person named in the Schedule, on whose life the Policy is effected;
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 Policy has the meaning given in Section 6.11.
Captive insurance company means any pure captive insurance company, association captive
Insurance Companies means the companies with whom the Insurance Policies are held.
Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.
life insurance business means the business of providing or undertaking to provide policy benefits under life policies;
Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).
School Corporation means the Western Xxxxx County Community School Corporation of the County of Xxxxx of the State of Indiana;
Health care corporation means a health care corporation incorporated under the nonprofit health care corporation reform act, 1980 PA 350, MCL 550.1101 to 550.1704.
Sponsored captive insurance company means a captive insurance company:
Service corporation means a corporation organized under ss. 180.1903 to 180.1921.
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.
Insurance Commissioner means the Insurance Commissioner
Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).
Insurance group means the persons that comprise an insurance holding company system.
Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.
Pure captive insurance company means a company that
Accidental death and dismemberment insurance or "AD&D" means basic accidental death and dismemberment (AD&D) insurance paid for by the employing agency, as well as supplemental accidental death and dismemberment insurance offered to and paid for by employees for them- selves and their dependents.
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.
Individual health insurance coverage means health insurance coverage offered to individuals in the
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;
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.
of a corporation means all classes of Capital Stock of such corporation then outstanding and normally entitled to vote in the election of directors.
group insurance means blanket insurance and franchise insurance and any other forms of group insurance.