Policyholders surplus” means an insurer’s net worth, the difference between its assets and liabilities, as reported in its annual statement.

Policyholders means policyholders, insureds and assignees under the Policies and Post-Closing Policies.

Policyholders membership interest” means all policyholders’ rights as members of the mutual company including, but not limited to, rights to vote and participate in any distribution of surplus whether or not incident to liquidation of the mutual company.

Examples of Policyholders in a sentence

National will use its commercially reasonable efforts to deliver an assumption and novation endorsement substantially in the form attached hereto as Exhibit A (the “Novation Endorsement”) to the Covered Policyholders on or as soon as practicable after the Novation Effective Date.
A letter of transmittal will accompany the election form or other form of documentation sent to Eligible Policyholders by the Exchange Agent for an Eligible Policyholder to complete and return to the Exchange Agent if such Eligible Policyholder elects to tender all of his, her or its shares of NORCAL Common Stock to PRA Professional in accordance with Article 3 hereof.
SAMPLE This Policy, the Schedule of Benefits, the Policyholder's Application and any Riders and/or Amendments, make up the entire Policy.
We issue this Policy based on the Policyholder's Application and payment of the required Premium.
An IRS Form W-9 will accompany the election form or other form of documentation sent to Eligible Policyholders by the Exchange Agent for an Eligible Policyholder to complete and return to the Exchange Agent if such Eligible Policyholder elects to become a Cash Subscriber or a Selling Stockholder.

More Definitions of Policyholders

Policyholders means all existing and prospective clients or customers of the Insurer and any persons entitled to be provided with the Benefits;

Policyholders means the owners or holders of one or more of the Reinsured Policies.

Policyholders means the policy owner, except: (a) where a single policy or certificate insures both a policy or certificate owner and another insured person, “Policyholder(s)” means both the policy or certificate owner and the other insured person jointly; (b) where the Class Policy at issue is certificate 7042CRT, 7044CRT, or any other Class Policy that is a certificate issued under a group long-term care insurance policy, “Policyholder(s)” means the certificate holder.

Policyholders means the policyholders of the Transferring Policies and “Policyholder” means any one of them;

Policyholders account manager” means SABB Takaful Company,

Policyholders means policyholders, insureds, beneficiaries, subscribers, members, certificate holders and assignees, and eligible dependents of each of the foregoing, under policies of the Subject Business.

Policyholders means, as applicable, the named insureds under, or policyholders with respect to, the Reinsured Contracts or any other person entitled to payment under the Reinsured Contracts.