Other Insured Rider definition

Other Insured Rider. The Net Amount at Risk is the Specified Amount of the Rider. For purposes of this Agreement, the following will apply:
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Other Insured Rider. Premium rates for the Other Insured Rider will be calculated the same as the base plan to which it is attached.
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Examples of Other Insured Rider in a sentence

  • In the event of a contractual conversion of an Other Insured Rider that is issued in connection with a policy reinsured under this Agreement, such conversion shall be treated as an internal replacement and handled in the manner set forth in the second paragraph of the foregoing Article 8.1 relating to internal replacements.

  • BIR (Base Insured Rider) and OIR (Other Insured Rider) - These riders will be proportionately reinsured using the same premium rates scale as used for the base coverage.

  • And so did Papa Kura Strickland who recently passed away as well.It’s a sad testament really to the memories of these former political fathers of our country when they no longer felt secure and respected by the current CIP leader and his team.

  • Plus FEP -F67801/F67802 -567503/567502 Other Insured Rider (OIR), Form No. and, if applicable: ULR2.01.5.84.

  • On the other hand, we need to teach not just how to grow food for consumption (such as rice), but also how to make money out of it.

  • For each Reinsured Plan without any Outside Reinsurance, the initial Amount Reinsured per life under this Agreement shall be equal to 50% of the first $60,000 of Specified Amount for a base policy or 50% of the first $60,000 of the Face Amount of any Other Insured Rider, subject to a maximum Amount Reinsured of $30,000 per life.

  • Status Issue Age 1 2-10 11+ -------------- --------- - ---- --- Nonsmoker 0-49 0% 80% 90% 50+ 0 70 70 Smoker 0-49 0 94 94 50+ 0 84 90 For the REINSURED'S Other Insured Rider with issue amounts greater than $24,999, the reinsurance premium shall be as described in Schedule D, Part V of the above-mentioned reinsurance agreement.

  • Complete attached BA form.) __ Direct Billing __ Other ______________________________________________________________________________ Section D Medical History ----------------------------------------------------------- ------------------------------------------------------------------- Insured: Other Insured Rider (OIR)/2nd Insured: ----------------------------------------------------------- ------------------------------------------------------------------- Doctor or Clinic Doctor or Clinic 1.

  • The Reinsurer shall pay to the Company commissions on the premiums payable hereunder at the rates set out below: Non-Smoker Smoker ---------- ------ First Year [percentage] [percentage] Years 2 through 10 [percentage] [percentage] Thereafter [percentage] [percentage] Commissions for the Other Insured Rider will be the same as for the basic coverage.

  • I elect the Automatic Premium Deduction Option.(Not available with all plans) Yes No Amount or No.e. Riders: of Units (if applicable)(Please Note: Not all riders are available with all plans)Waiver of Premium or Disability Accidental Death Benefit Guaranteed Issue Benefit Children’s Rider Spouse (indicate type of coverage) Additional Insured Rider (Self, Spouse) Other Insured Rider Other PremiumTHIS BOX FOR ADMINISTRATIVE PURPOSES ONLY$ $ $ $ $ $ $ $ $ $ f.

Related to Other Insured Rider

  • 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.

  • 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;

  • 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.

  • 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.

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

  • 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";

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

  • 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.

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

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

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

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

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • R&W Insurer means AIG Specialty Insurance Company.

  • 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.

  • 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.

  • 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.

  • 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.

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

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

  • 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.

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

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Underlying insurance means the DESIGNATED UNDERLYING POLICY and all insurances affording professional liability insurance coverage to any INSURED hereunder which are considered to be primary to this insurance, including without limitation, any such mandatory insurance coverage afforded any INSURED by any law society or other program, and any such non-mandatory insurances purchased as coverage or primary to (beneath) this POLICY coverage, but in no case shall include any insurance specifically acquired and stated to be in excess of this POLICY. Signed on behalf of Lawyers’ Professional Indemnity CompanyDaniel E. PinningtonDaniel E. PinningtonPresident and Chief Executive Officer Endorsement No . 1pollutIon exClusIonThis POLICY, subject to all its terms and conditions not in conflict with this endorsement, and further to Part III Exclusion (g), shall include the following:This insurance does not apply to:(a) damage arising out of the actual, alleged or threatened discharge, seepage, dispersal, release or escape of pollutants: