Proposed Insured definition

Proposed Insured. Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment.
Proposed Insured means an applicant who completes a statement of insurability.
Proposed Insured means the person (or both persons in the case of an application for a survivorship contract) whose life will be insured if the application is approved.

Examples of Proposed Insured in a sentence

  • X Date: ----------------------------------- ------------------------------ Proposed Primary Insured Signature X Date: ----------------------------------- ------------------------------ Proposed Policy Owner Signature (if other than the Proposed Insured) RECEIPT OF PAYMENT A premium payment of $ has been submitted with the Application or Request.

  • The Primary Insured is the "Proposed Insured" named in the Request, the "Proposed Insured 1" named in the Application, or "Proposed Insured 1" and "Proposed Insured 2" named in Applications for survivorship life insurance coverage.

  • X DATE: ----------------------------------- ------------------------------ Proposed Primary Insured Signature X DATE: ----------------------------------- ------------------------------ Proposed Policy Owner Signature (if other than the Proposed Insured) RECEIPT OF PAYMENT A premium payment of $ has been submitted with the Application or Request.

  • A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure.

  • The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide.

  • All arbitrable matters when the Proposed Policy Amount is $2,000,000 or less shall be arbitrated at the option of either the Company or the Proposed Insured as the exclusive remedy of the parties.

  • If the question below is answered yes or left blank with respect to a Proposed Insured, no representative of the Company is authorized to accept money, and NO COVERAGE will take effect under this Agreement with respect to such Proposed Insured.

  • If the Proposed Insured is under age 16, a parent or guardian must sign for the Proposed Insured.

  • Name of Additional Proposed Insured (Print as to appear in policy: First/Middle/Last) 17.

  • A Proposed Insured may review a copy of the arbitration rules at ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/arbitration.


More Definitions of Proposed Insured

Proposed Insured means an individual who on whom an application for coverage is being made and for employer owned policies is listed on the Census.
Proposed Insured as used in this booklet, means a person who is entitled to exercise the Group Term Life to Whole Life Policy conversion privilege.
Proposed Insured means a Covered Person who completes a statement of insurability.
Proposed Insured means any person named in an Enrollment Form for insurance.