Proposed Life Insurance definition

Proposed Life Insurance means life insurance, as herein defined, which is intended as a replacement for existing life insurance.

Examples of Proposed Life Insurance in a sentence

  • Death Benefit (AI) Rider 1 Death BenefitRider 2 Death Benefit Rider 3 Death BenefitRider 4 Death Benefit Existing Life Insurance/AnnuityCASH VALUES/DIVIDENDS Immediately Before Immediately After Proposed Life Insurance Proposed Annuity Guaranteed Cash Value (Trad.) Accumulation Fund (UL/ULII/Annuities)Accumulated Dividends (DWI) Cash Value of Div.

  • All proposals shall show or conform to the following, in addition to other information required upon the proposal form:• Name of Proposed Life Insurance Company.• Insurance Company rating as per A.M. Best's Insurance Guide or appropriate financial documents to assure the proposer is a stable, sound, and responsible company.

  • April 30, 2007 Re: Comments on Certain Proposed Life Insurance Policy Standards To the Management Committee: On behalf of the Life Insurance Settlement Association (LISA), thank you for the opportunity to comment on the proposed Individual Single Premium Term Life Insurance Policy Standards, Individual Joint Last to Die Survivorship Term Life Insurance Policy Standards and Individual Single Premium Joint Last to Die Survivorship Term Life Insurance Policy Standards (collectively, the “Standards”).

Related to Proposed Life Insurance

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Applicable Policy means any rules, policies, directives, standards of practice or Program Parameters issued or adopted by the Funder, the Ministry or other ministries or agencies of the province of Ontario that are applicable to the HSP, the Services, this Agreement and the parties’ obligations under this Agreement during the term of this Agreement. Without limiting the generality of the foregoing, Applicable Policy includes the other documents identified in Schedule C;