Policies-In-Force definition

Policies-In-Force means policies written and recorded on the books of an insurer which are unexpired as of a given date.
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Policies-In-Force means the number of vehicle insurance policies insuring members of the Good ▇▇▇ Club which are in force as of December 31 in an Experience Period.
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Policies-In-Force means the number of vehicle insurance policies insuring members of Coast to Coast which are in force as of December 31 in an Experience Period.
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Examples of Policies-In-Force in a sentence

  • The total Policies in Force will be calculated on a quarterly basis and HCM will provide exact information about current Policies in Force of HCPCI with the payment of the quarterly fees.

  • In consideration of Ceding Company's performance of such services, Reinsurer will provide to Ceding Company expense allowances as follows: Monthly Fee, Based on the Average Number Type of Policy of Policies in Force During the Month -------------- ---------------------------------------- Universal Life $3.00/policy Traditional Life $2.08/policy The expense allowance shall be prorated for any partial months.

  • In calculating this bonus, the performance goals for 2008 shall be weighted forty percent (40%) on Statutory Reported Combined Ratio, forty percent (40%) on Increase in Policies in Force and twenty (20%) on achievement of a participant’s individual targeted accomplishments.


More Definitions of Policies-In-Force

Policies-In-Force means the numbers of Policies which are providing coverage as at the calculation or assessment date.
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