Principal Insured definition

Principal Insured means the individual named on the application who has purchased a Trip and who has paid the required cost for the Policy. You and Yours refer to the Principal Insured.
Principal Insured means the Insured or if the Insured is more than one person or entity, the first person or entity listed as the Insured in the Schedule.
Principal Insured means the Insured or if more than one insured, the first entity listed as the ‘Insured’ in the Schedule.

Examples of Principal Insured in a sentence

  • If you do not set up an account and provide the account information within three (3) calendar days, we will automatically issue the payment via a check mailed to the address on file.Unclaimed funds are subject to the applicable laws concerning unclaimed property.By signing and dating this form, you attest that you are the Principal Insured under the coverage for which your claim was submitted.

  • The maximum amount of Personal Accident Benefit accepted by the Company on the life of a child under the age of twenty-four (24) shall be 25% of the Personal Accident Benefit of the Principal Insured, up to the maximum benefit limit as stated in the Policy Schedule.

  • The maximum limit of the Personal Accident Benefit for the entire Family (including the Principal Insured) will not exceed the benefit limits stated in the Policy Schedule or Official Confirmation of Coverage.

  • Each party will, forthwith upon Having Knowledge, notify the other if a Principal Insured Risk becomes or is expected to become Uninsurable.

  • The Administrator must inform the Principal Insured of any material amendment of the terms and conditions.


More Definitions of Principal Insured

Principal Insured means a member of the board of managers, director, executive officer, natural person partner, owner of a sole proprietorship, principal, project manager, risk manager, in-house general counsel or a like position of the Named Insured.
Principal Insured means an Insured member of the board of managers, director, executive officer, natural person partner, owner of a sole proprietorship, principal, risk manager or in-house general counsel of the Named Insured.
Principal Insured means a member of the board of managers, director, executive officer, natural person partner, owner of a sole proprietorship, principal, risk manager, or in-house general counsel of the Named Insured.
Principal Insured means the Person in whose name this Policy is written;
Principal Insured means the natural person in whose name the agreement is entered and whose name is reflected on the Schedule.
Principal Insured means the following person who is not eligible for coverage under a provincial or territorial government health insurance plan in Canada:
Principal Insured means You, the adult, South African citizen or permanent resident, who is over the age of 18 (eighteen) years but has not yet, and will not reach the age of 65 (sixty- five) years in the particular calendar year, who has applied for this insurance Policy and which has been accepted by the Insurer and who has an active and up-to-date RCS credit facility;