Line of insurance definition

Line of insurance means coverage afforded under the particular policy that is being placed.
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Line of insurance means universal compulsory automobile insurance, extension insurance or special risk extension insurance.
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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.
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Examples of Line of insurance in a sentence

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

  • 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.

  • 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.

  • 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.

  • 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."
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Related to Line of insurance

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • contract of insurance means an agreement between the Secretary of Education and either the Trustee or the Seller providing for the insurance by the Secretary of Education of the principal of and accrued interest on a FFELP Loan to the maximum extent permitted under the Higher Education Act.

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

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Outline of coverage means a summary that explains an accident and health insurance policy.

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Evidence of Insurability means a statement of proof of your medical history upon which acceptance for insurance will be determined by Lincoln.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Blanket insurance policy means a group policy covering a defined class of

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

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

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

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

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

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

  • Casualty insurance means liability insurance.

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Franchise insurance means an individual insurance policy provided through a

  • CREFC® Significant Insurance Event Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Interest Significant Insurance Event Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.