Line of insurance definition

Line of insurance means coverage afforded under the particular policy that is being placed.
Line of insurance means universal compulsory automobile insurance, extension insurance or special risk extension insurance.
Line of insurance means the subclassifications of kinds of insurance which are required to be annually reported on the standardized Annual Statement adopted by the Office.

Examples of Line of insurance in a sentence

  • Line of insurance" means coverage afforded under the particular policy that is being placed.

  • Assist the Judicial Council in the analysis and evaluation of the Policy Proposals received for each Line of insurance, including comprehensively analyzing insurance and reinsurance proposals received with respect to compliance with Judicial Council’s and/or JBEs’ solicited requirements and other topics as requested by the Judicial Council’s Project Manager.

  • Line of insurance – Cancellation cover Insurance cover will begin upon conclusion of the insurance contract and will end upon commencement of travel.

  • The Broker will provide ongoing administration for each Line of insurance actually purchased, including: Prior to payment by the Judicial Council, Broker shall review insurance and reinsurance policies purchased and subsequent endorsements upon receipt to verify conformance with specifications issued in the solicitation made by the Broker.

  • Should the Judicial Council’s Project Manager authorize binding of the Line of insurance, the Project Manager shall provide the Broker with a written instruction to bind the insurance for the Judicial Council or JBE; With the exceptions of making offers, binding Lines of insurance and invoicing and accepting payment on behalf of insurers, Broker shall not be an agent for any insurer, or represent, or have the authority to make any other binding commitments on behalf of any insurer.

  • Using specifications agreed to by the Judicial Council’s Project Manager, solicit and receive competitive policy proposals (“Policy Proposals”) from at least three (3) different qualified insurers for each Line of insurance solicited.


More Definitions of Line of insurance

Line of insurance means an insurance product, contract, or policy designed to cover specified risks that fall within one or more of the classes or types of insurance as defined in sections 431:1-204 to 431:1-211, the lines of authority defined in section 431:9A-107(a), or any other section of this code."

Related to Line of insurance

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

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