Original Policy definition

Original Policy means the initial binder, policy, certificate, agreement, bond or contract of insurance that is subsequently reinsured.
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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.
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Original Policy means the direct insurance policy reinsured by this reinsurance contract;
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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.

  • The Company would require the following primary documents in support of a claim at the stage of claim intimation under the Policy:For Surrender/ Maturity Benefit: the original Policy;For Death Benefit: Original Policy, Death Certificate of the Life Insured and Claimant’s Statement and KYC Document of Claimant.The Company is entitled to call for additional documents, if in the opinion of the Company such additional documents are warranted to process the claim.


More Definitions of Original Policy

Original Policy. An insurance contract issued by the Ceding Company on an insured that is reinsured under this Agreement.
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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.
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Original Policy shall have the meaning given to it in each of the Mortgages.
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Original Policy means the ALTA Loan Policy of Title Insurance issued by Chicago Title Insurance Company and Commonwealth Land Title Insurance Company, pursuant to Title Commitment No. L 020329, dated the date hereof.
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Original Policy or “Policy” 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 of this Amendment 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.
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Original Policy means Superintendent Marten’s “Vision 2020 Quality
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Original Policy. Any Policy Granted to the Indenture Trustee on the Closing Date.
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