Original Policy definition
Original Policy means the initial binder, policy, certificate, agreement, bond or contract of insurance that is subsequently reinsured.
Original Policy means the ALTA Loan Policies of Title Insurance issued by First American Title Insurance Company, Chicago Title Insurance Company and Commonwealth Land Title Insurance Company, pursuant to Title Commitment No. L980366, dated the date hereof.
Original Policy means the direct insurance policy reinsured by this reinsurance contract;
Examples of Original Policy in a sentence
The Ceding Company will bear the expense of all medical examinations, inspection fees and other charges incurred in connection with the Original Policy.
The Reinsured Net Amount at Risk will be adjusted from the inception of the Original Policy, and any difference will be settled without interest.
Reinsurance of increases in amount resulting from contractual policy provisions will be based on the issue age, mortality rating, underwriting class and duration from issue of the Original Policy.
The date on which any Excess of Original Policy Limit loss is incurred by the Company shall be deemed, in all circumstances, to be the date of the original loss.
Initial Death Benefit - The face amount of the Original Policy on the date of issue.
More Definitions of Original Policy
Original Policy means the first policy purchased by the Organization providing coverage of a similar nature to this Policy and which has continued through renewal or reinstatement on an uninterrupted basis since its inception.
Original Policy. An insurance contract issued by the Ceding Company on an insured that is reinsured under this Agreement.
Original Policy shall have the meaning given to it in each of the Mortgages.
Original Policy or “Original Policies” The entire written insurance agreement, including coverage forms and endorsements, or a binding quotation issued, renewed, extended, or accepted provisionally by a Cedent or an agent of a Cedent, that is subsequently assumed, in whole or in part, by MSRE, all or a portion of which is then retroceded to PRe pursuant to the Agreement. “policy limits” The amount of the coverage provided under the Original Policy. PRE Assets Account The separately managed account to which the premiums, salvage, subrogations, deposits, and other MSRE assumed reinsurance-related assets are deposited, based on PRe’s participation capacity in relation to the total MSRE Assumptions.
Original Policy as used herein shall mean any binder, bond, policy, certificate or contract of insurance or reinsurance whether oral or written, bound, issued, accepted or underwritten provisionally or otherwise, by or on behalf of the Reinsured on or prior to the Effective Date and shall include any amendments, endorsements or alterations thereof which are issued or become effective before, on or after such Effective Date, as well as any mandatory renewals of the Original Policies which are issued or become effective within 18 months of the Effective Date.
Original Policy means the ALTA Loan Policies of Title Insurance issued by Commonwealth Land Title Insurance Company, First American Title Insurance Co. and Chicago Title Insurance Company, pursuant to Commonwealth Land Title Insurance Company Title Commitment No. L970801(A) and Commonwealth Land Title Insurance Company Title Commitment No. L970801 redated the date hereof, insuring Mortgagee as to the Liens of this Mortgage and the Taj Mortgage in an aggregate amount of not less than $100,000,000.
Original Policy means Superintendent Marten’s “Vision 2020 Quality