Main Insured Person definition

Main Insured Person means the person named as such in the Policy Schedule or Certificate of insurance.
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Main Insured Person. : shall mean You, the consumer, who is the principal debtor in terms of the Credit Agreement, who is listed in the Pre-Agreement Statement as the Main Insured Person in terms of this Policy, who is the payor of the monthly Loan Instalment and who is covered for a Claim Event, as defined, under this Policy which shall result in the benefit becoming payable to Bayport upon approval of a valid Claim.
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Examples of Main Insured Person in a sentence

  • Any Benefit payable under this Policy shall be paid to the Main Insured Person or his beneficiary if stated or otherwise to his estate except for Emergency Medical Evacuation and Repatriation Expenses.

  • Any receipt by the Main Insured Person or his beneficiary or estate of any Benefit payable under this Policy shall in all cases be deemed final and complete discharge of all of Our liabilities in respect of such Benefit.

  • Child, ChildrenChildren, stepchildren and legally adopted children of the Main Insured Person and their Partner, and children for whom the Main Insured Person or their Partner are the Parent or Legal Guardian.

  • Where the term ‘the Insured Person’ appears in the GTC, it shall mean both the Main Insured Person and the Co-Insured.

  • The person authorised to make statements on behalf of a Minor Child is a legal guardian.− Adult Child – an own or adopted child of the Main Insured Person or the Partner who is 18 or more years of age.

  • Main Insured Person or his/her Partner being aware of any reason that might cause the Journey to be cancelled, either at the time the Journey was booked or at the time the Insured Person elected to participate in the Group Policy.

  • Regulation XIV – External Audit 14.1 External Auditor(s), each of whom shall be the Auditor-General (or officer holding equivalent title or status) of a Member government, shall be appointed by the Health Assembly.

  • Dependant means a person who is financially dependent on the Main Insured Person or Main Insured Person’s Partner at the date of application and immediately prior to the Dependant experiencing a claim event.

  • A Child means a Child of the Main Insured Person and/or Partner who is nominated as a Child in the Policy/Benefit schedule by you, subject to the terms and conditions of this policy.

  • Child, Children Children, stepchildren and legally adopted children of the Main Insured Person and their Partner, and children for whom the Main Insured Person or their Partner are the Parent or Legal Guardian.

Related to Main Insured Person

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Indian Resident /s and for whom the insurance is also proposed and appropriate premium paid.

  • Injured Person under this section means a Member covered by the EOC who sustains an injury or illness and any spouse, dependent or other person or entity that may recover on behalf of such Member including the estate of the Member and, if the Member is a minor, the guardian or parent of the Member. When referred to in this section, "KFHPWA's Medical Expenses" means the expenses incurred and the value of the benefits provided by KFHPWA under this EOC for the care or treatment of the injury or illness sustained by the Injured Person.

  • Covered Person means: (a) any officer, director, shareholder, partner, member, representative, employee or agent of (i) the Trust or (ii) the Trust's Affiliates; and (b) any Holder of Securities.

  • Alien insurer means an insurer domiciled outside the United States.

  • Insured Member means a member insured under this subdivision.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • Self-insured retention means the individual own risk employer's or group self-insurance association's retained amount of risk under a specific excess insurance policy, before the liability is transferred to an insurance carrier.

  • Covered Persons has the meaning set forth in Section 20(a).

  • leprosy cured person means a person who has been cured of leprosy but is suffering from—

  • Insured means the Executive.

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Additional Insured is defined in Section D of Annex D to the Lease.

  • Issuer Covered Person shall have the meaning ascribed to such term in Section 3.1(oo).

  • R&W Insurer means AIG Specialty Insurance Company.

  • Insured Property means the vessel, including the power units, accessories and equipment. “Parasailing” means using your vessel to tow a person in a device designed for flight. “Waterskiing” means using your vessel to tow a person on water skis or flotation devices.

  • Insurers means the underwriters or insurance companies with whom any Obligatory Insurances are effected and the managers of any protection and indemnity or war risks association in which any or the Collateral Vessels may at any time be entered.

  • Member insurer means any person who:

  • Self-insurer means any duly qualified individual employer or group self-insurance association authorized by the Commission to self fund its workers' compensation obligations.

  • Additional Insureds has the meaning specified in Section 7.06(a) of the Indenture.

  • Insureds Premises Not An "Insured Location" a. Owned by an "insured"; b. Rented to an "insured"; or c. Rented to others by an "insured"; that is not an "insured location";

  • First party insurance means an insurance policy or contract in which the insurer

  • Self-insured employer means an employer or group of employers certified under ORS

  • Liquidity Indemnitee means the Liquidity Provider, its directors, officers, employees and agents, and its successors and permitted assigns.

  • Excess Insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.