Policy Replacement definition

Policy Replacement means a transaction involving the purchase of long term insurance if within 12 months before or after a new long term insurance policy1 is effected:
Sample 1Sample 2Sample 3
Policy Replacement means any transaction involving the purchase of long term insurance if within 12 months before or after a new policy is effected, an existing long term insurance policy:
Sample 1Sample 2Sample 3
Policy Replacement means during the 12 months prior to the Application Date or 12 months immediately following the Application Date, the policyholder was using or intends to use the Existing Life Insurance Policy to obtain funding or reduce payable premium for subsidising the purchase of the new Life Insurance Policy by means of the following:
Sample 1

Examples of Policy Replacement in a sentence

  • The applicant may either purchase a replacement residence or apply the grant toward the purchase of a more costly home.87 See FEMA, Recovery Policy, Replacement 82 42 U.S.C. § 5174(c)(2)(B); 44 C.F.R. § 206.117(b)(2)(iv).83 See Part C.2.b below 84 42 U.S.C. § 5174(a)(2), (c)(2)(B); 44 C.F.R. § 206.117(b)(2)(iv).

  • This hypothesis is integrated with the hypothesis that the decision to lapse is driven by the possibility to replace the contract through another contract at better conditions (Policy Replacement Hypothesis, PRH).

  • From and after the Policy Replacement Date, the Company shall not use or permit the use of Confidential Information by its Affiliates or any other Person (except for HCPCI or its designated Affiliates) to solicit, market, offer, bind enter into or issue insurance contracts, policies, treaties, slips for or relating to the Subject Policies.

  • Replacement of a Bowler Policy: Replacement of a bowler, once qualified for the Zone Contingent, shall not be permitted unless the reason is submitted (in writing) and signed by said bowler.

  • Minimum avenues for enquiry are recorded on all hate crime reports and supervisors must maintain close scrutiny of reports.

  • HCPCI shall have no duty, responsibility or obligation to administer any Claims occurring under the Subject Policies or arising from or in any way associated with an event or date of loss occurring before the Policy Replacement Date.

  • If a Policyholder or such Policyholder’s agent or mortgagee mistakenly but timely pays any premium installment to the Company for coverage under a Replacement Policy after the Policy Replacement Date, the Company and HCPCI will cooperate with the Policyholder or the Policyholder’s agent or mortgagee to transmit such premium payment to HCPCI, and HCPCI will refrain from issuing to such Policyholder a notice of cancellation for nonpayment of premium due to such timely but mistaken payment to the Company.

  • Any Replacement Policy that does not have an agent-of-record on or after the Policy Replacement Date will be serviced directly by HCPCI or its Affiliates until the Policyholder has made an agent-of-record designation with an agent who is appointed by HCPCI.

  • The “Accrual Fees” will be calculated by the Calculation Agent from time to time as required for the purposes of the secondary market, and on the Trade Date are expected to be equal to a total of 0.62% of the Specified Denomination (the “Total Accrual Fees”).

  • Appropriate Use Policy Replacement Enhance provisions to support the safe and Information Technology Department Information technology resource Legislative Assembly November 30, 2021 Development - (Members) effective use of Information Technology resources use by: Management PWGby Members and associated staff including Committeeapproval by the Legislative Assembly a) Members and their employees;Management Committee.

Related to Policy Replacement

  • Replacement Card means a renewal or replacement Card issued to you by us;

  • Approved Replacement means, with respect to a Market Quotation, an entity making such Market Quotation, which entity would satisfy conditions (a), (b), (c) and (d) of the definition of Permitted Transfer (as determined by Party B in its sole discretion, acting in a commercially reasonable manner) if such entity were a Transferee, as defined in the definition of Permitted Transfer.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Benchmark Replacement means, with respect to any Benchmark Transition Event, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

  • Capital Replacement means the replacement of those items listed on Exhibit F.

  • Replacement Engine means a [Engine Manufacturer and Model] engine (or an engine of the same or another manufacturer of a comparable or an improved model and suitable for installation and use on the Airframe with the other Engine (or any other Replacement Engine being substituted simultaneously therewith)) that shall have been made subject to the Lien of the Indenture pursuant to Section 7.04 or Section 7.05 thereof, together with all Parts relating to such engine, but excluding items installed or incorporated in or attached to any such engine from time to time that are excluded from the definition of Parts.

  • Replacement Contractor means any third party service provider appointed by the Authority to supply any services which are substantially similar to any of the Services and which the Authority receives in substitution for any of the Services following the expiry, termination or partial termination of the Contract.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Cooperative procurement means procurement conducted by, or on behalf of:

  • Blanket insurance policy means a group policy covering a defined class of

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Replacement Sub-Contractor means a sub-contractor of the Replacement Supplier to whom Transferring Supplier Employees will transfer on a Service Transfer Date (or any sub-contractor of any such sub-contractor);

  • Procurement means the purchasing, buying, renting, leasing, or otherwise obtaining of any supplies, services, or construction. It includes all functions that pertain to the procurement of any supply, service, or construction item, including description of requirements, selection and solicitation of sources, preparation and award of contract, and all phases of contract administration;

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Insurer means a person who insures or guarantees for the benefit of the mortgagee all or any portion of the risk of loss upon borrower default on any of the mortgage loans originated, purchased or serviced by the Company or any of its Subsidiaries, including the Federal Housing Administration, the United States Department of Veterans’ Affairs, the Rural Housing Service of the U.S. Department of Agriculture and any private mortgage insurer, and providers of hazard, title or other insurance with respect to such mortgage loans or the related collateral.

  • Security Policy Framework means the Cabinet Office Security Policy Framework (available from the Cabinet Office Security Policy Division);

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • Force-Placed Insurance shall have the meaning set forth in Section 4.4.

  • 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:

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to: