Life Insurance Products definition

Life Insurance Products shall have the same meaning as is customary for life insurance products or life insurance policies that are the same or substantially similar to those life insurance products or life insurance policies sold, marketed, promoted or transacted by AGI Financial during Independent Contractor's relationship with AGI Financial; provided, however, that the term 'Life Insurance Products' shall also include annuities and annuity contracts and provided further that the term 'Life Insurance Products' shall not include Final Expense Insurance and Group Life Insurance.
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Life Insurance Products means life insurance products that are savings life
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Life Insurance Products means life insurance products that are savings life insurance, unit-linked life insurance, or universal life insurance, issued and distributed abroad or domestically.
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Examples of Life Insurance Products in a sentence

  • Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors.

  • Please refer to the product brochure for detailed terms and condition before conducting a sale.I/We understand that ULIP products are different from traditional Life Insurance products and are subject to risk factors.

  • Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the following risk factors.

  • ULIP products are different from traditional Life Insurance products and are subject to risk factors.

  • Company also distributes Life Insurance products and Mutual fund schemes for which it receives commission income.

  • For Certain Annuities or Single Premium Life Insurance products other than equity-indexed products, whether written directly or assumed through reinsurance, that the company tests for asset adequacy analysis using cash flow testing, an actuary should calculate the C-3 requirement based on the same cash flow models and assumptions used and same “as- of” date as for asset adequacy, but with a different set of interest scenarios and a different measurement of results.

  • Under the agreement, the AA introduces its customers to Legal & General’s Life Insurance products.

  • Unit Linked Life Insurance products are different from the Traditional Life Insurance products and are subject to the risk factors.

  • It includes Life Insurance products of SBI Life Insurance Company Ltd., General Insurance products of SBI General Insurance Company Ltd.

  • Proposals for interest sensitive Life Insurance products (i.e. Whole, Variable, Universal, etc.) will NOT be considered and will be prohibited from being solicited during open enrollment.


More Definitions of Life Insurance Products

Life Insurance Products shall have the same meaning as is customary for life insurance products or life insurance policies that are the same or substantially similar to those life insurance products or life insurance policies sold, marketed, promoted or transacted by NAA® during the Independent Contractor’s relationship with NAA®; provided, however, that the term “Life Insurance Products” shall also include annuities and annuity contracts;
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Related to Life Insurance Products

  • 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 producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

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

  • Medical flexible spending arrangement means a benefit plan

  • 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;

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • 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.

  • Major medical equipment means medical equipment which is used for the provision of medical and other health services and which costs in excess of the capital expenditure minimum, except that such term does not include medical equipment acquired by or on behalf of a clinical laboratory to provide clinical laboratory services if the clinical laboratory is independent of a physician's office and a hospital and it has been determined under Title XVIII of the Social Security Act to meet the requirements of paragraphs (10) and (11) of Section 1861(s) of such Act. In determining whether medical equipment has a value in excess of the capital expenditure minimum, the value of studies, surveys, designs, plans, working drawings, specifications, and other activities essential to the acquisition of such equipment shall be included.

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Special group license plate means a type of license plate designed for a

  • Ocean marine insurance means insurance against loss of or damage to:

  • veterinary surgeon means a veterinary surgeon within the meaning of the Veterinary Surgeons Act 1936.