Optional Insurance definition

Optional Insurance. Any life, accidental death or accident and health (disability) insurance purchased by Mortgagor in connection with a Mortgage Loan.
Optional Insurance means Mortgage/credit life insurance, accidental death ------------------ insurance, disability insurance, unemployment insurance or any similar optional insurance covering a Mortgagor for which premiums are collected by Subservicer.
Optional Insurance. We offer insurance for an additional daily fee. Our insurance provides physical damage and loss coverage to the trailer, items within or mounted on the trailer, tent, and solar power system on the trailer. Security deposit will be applied to the insurance deductible of

Examples of Optional Insurance in a sentence

  • Spouse Optional Insurance: Effective January 1, 2008, ability to purchase up to $250,000; Guaranteed Issue: $100,000 if applied for within 31 days of employee’s full-time hire date.

  • Employee Optional Insurance: Effective January 1, 2008, ability to purchase up to $500,000 in coverage; Guaranteed Issue is $ 200,000 if applied for within 31 days of full-time hire.

  • Optional Insurance coverage excludes loss due to shipping error or loss due to confiscation of Equipment by foreign government officials or by acts of terrorism.

  • Optional Insurance is available at the Employee’s expense subject to the conditions provided by the Carrier.

  • Applicants enrolling past thirty (30) days of their eligibility date for the University Life and Optional Insurance plan must provide the Group Life Insurance Company with proof of insurability in order to be considered for coverage.

  • Optional Insurance is available for all 1:1 student devices, and must be obtained by September 30, 2020 for the 2020-21 school year.

  • C&S may procure Optional Insurance at its own expense, and the cost of same will not be added to the upcharge.

  • Optional Insurance Plan - The parties agree to offer an additional High Deductible Insurance Plan for single, single plus one, and family health insurance coverage.

  • C&S is not required to name BWD as an additional insured on any Optional Insurance or Other Included Coverage.

  • The County will continue to offer the Optional Insurance and Benefits programs, or comparable programs, to its employees through payroll deductions.


More Definitions of Optional Insurance

Optional Insurance means mortgage/credit life insurance, accidental death insurance, disability insurance, unemployment insurance or any similar optional insurance covering a Mortgagor for which premiums are collected by the Subservicer. “Original Subservicing” means, as the context shall indicate, (i) the Mortgage Loans existing in the Lender’s portfolio as of the date of the execution of this SA or (ii) the subservicing of those Mortgage Loans as of the date of execution of this SA. “Parties” means Lender and Subservicer referred to in this SA, each a “Party”. “Person” means a human individual, partnership (limited or general), corporation, limited liability company, joint venture, joint stock company, association, unincorporated organization, government or agency or political subdivision thereof, or other entity. “P&I” means principal and interest. “PMI” means private mortgage insurance. “PMI Companies” means the insurance companies that have issued or will issue PMI policies insuring any of the Mortgage Loans. “Prime Rate” means the fluctuating prime rate established each Business Day under the “MONEY RATES” column in The Wall Street Journal. “Prior Servicers” means, individually or collectively, all individuals and entities that at any time originated, serviced or subserviced any of the Mortgage Loans. “Recon Firm” is defined in Section 2.5(d)(2). “REO” means real estate owned, i.e. real property for which the title was acquired by an Investor or by Lender through foreclosure of a Mortgage or acceptance of a deed in lieu of foreclosure. “Servicing Rights” means the rights and responsibilities with respect to servicing and subservicing the Mortgage Loans and the associated Escrow Accounts and Mortgage Loan Files. “Subservicer” means the Party identified as such at the top of Page 1. “T&I” means taxes and insurance. “Term” is defined in Section 5.1. 5
Optional Insurance. The District is providing families with the option to purchase insurance for District provided Chromebooks. This is an optional annual cost for families to consider. Details about the insurance plans are provided on a separate flyer, and are purchased directly through the vendor. The District cannot accept payments for the insurance coverage on these devices.
Optional Insurance. CIS has partnered with Safeware Inc. to offer optional insurance to cover accidents and damage beyond warranty repair for a one-time fee to Safeware of $36 per year. If elected, when a student is issued a device, parents will need to enroll the device at ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/Open-Enrollment Students without insurance will be responsible for damages that may be up to the Full price of the machine.

Related to Optional Insurance

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

  • Additional Insured status shall be granted to “County of Ulster, P.O. Box 1800, Kingston, New York, 12402-1800”, shown on the Commercial General Liability policy, further stating that this insurance shall be primary and non-contributory with any other valid and collectable 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.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

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