Other Insured Riders definition

Other Insured Riders. For Survivor Term Rider and Four-Year Term Rider, --------------------- the Net Amount at Risk is the Specified Amount of the Rider. The Policy Split Option rider does not contribute to total risk amount. The Reinsured Net Amount at Risk is defined as the Specified Amount of the Rider at the most recent policy anniversary, or subsequent policy change date if applicable, less the Ceding Company's retention, and for automatic policies, multiplied by the Reinsurer's percentage share as shown in Exhibit B. IDSL-NY Succession Select Treaty
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Examples of Other Insured Riders in a sentence

  • For term plans and Other Insured Riders, the reinsured net amount at risk will equal the face amount less the CEDING COMPANY'S retention at date of issue.

  • EXHIBIT B POLICY PLANS REINSURED Effective April 1, 1990 Universal Life Base plans: UL25, UL100, UL500, VUL, EUL25, and EUL100 Riders: Other Insured Riders (OIR) and Waiver of Monthly Deductions (WMD) UL100 and UL500 policies written with a Survivor Insurance Rider (SIR) attached are excluded from the Automatic Risk Pool.

  • Other Insured Riders (OIR) [_] Self $ _____________________________________________ 11.

  • In determining retention limits, the Reinsured will retain coverage in the following order: (1) Base Policy first and coverages on Other Insured Riders; (2) Riders covering death on the primary insured for all causes next; (3) the ADB Rider last.

Related to Other Insured Riders

  • 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;

  • 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.

  • 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";

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

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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 Insurer means AIG Specialty Insurance Company.

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

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

  • 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.

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

  • 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.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

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

  • Riders means all Riders to this Security Instrument that are signed by Xxxxxxxx. All such Riders are incorporated into and deemed to be a part of this Security Instrument. The following Riders are to be signed by Borrower [check box as applicable]:  Adjustable Rate Rider  1-4 Family Rider  Second Home Rider  Condominium Rider  Planned Unit Development Rider  Other(s) [specify] ___________________

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

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

  • ' 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.

  • contract of insurance means an agreement between the Secretary of Education and either the Trustee or the Seller providing for the insurance by the Secretary of Education of the principal of and accrued interest on a FFELP Loan to the maximum extent permitted under the Higher Education Act.