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 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 the natural person in whose name the agreement is entered and whose name is reflected on the Schedule.

Examples of Principal Insured in a sentence

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

  • Where the Insured Person is not a Principal Insured Person the Principal Insured Person shall provide or obtain the necessary permission or consent to comply with this condition failing which all benefits in respect of any claims subject to this condition shall be avoidable.

  • Principal Insured Parties: The ‘Collateral Agent’ for the benefit of the Secured Parties.

  • Principal Insured Parties: Sertanejo Spirit and its officers and employees as named assureds.

  • Principal Insured Parties: The Company and its officers and employees as named assureds.


More Definitions of Principal Insured

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 the adult, who is over the age of 18 (eighteen) years but not yet sixty (60) years of age, who has applied for insurance which has been accepted by the Insurer and who has an active and up-to-date TFG credit facility;
Principal Insured means the adult, who is over the age of 18 (eighteen) years but not yet 65 (sixty-five) years of age, who has applied for insurance which has been accepted by the Insurer and who pays the monthly Premium.
Principal Insured means the person in whose name the Policy is registered with the RBHS.
Principal Insured means a natural person who was, is, or becomes a member of the board of managers, director, executive officer, partner, owner of a sole proprietorship, principal, risk manager, or in-house general counsel, or a functional equivalent position, of the Named Insured.
Principal Insured. The main insured person named as such within the Schedule of Cover. Private Room: Single occupancy accommodation in a private hospital.
Principal Insured means the person who applies for Insurance Cover under this Policy;