Retail Insurance Business definition

Retail Insurance Business means the business of selling motorcycle and automobile insurance policies directly to insureds. For the sake of clarity, the term “Retail Insurance Business” shall not include the business of (i) selling insurance that is processed through an unaffiliated insurance agent or broker, (ii) underwriting or (iii) processing claims.
Sample 1
Retail Insurance Business shall not include the business of (i) selling insurance that is processed through an unaffiliated insurance agent or broker, (ii) underwriting or (iii) processing claims.
Sample 1

Examples of Retail Insurance Business in a sentence

  • Your Company has put in place a policy on Open Architecture for Retail Insurance Business in terms of the Insurance Regulatory and Development Authority of India (Registration of Corporate Agents) Regulations, 2015.

  • The term “Carrying on a Retail Insurance Business” shall mean to engage in any Retail Insurance Business within the Restricted Territory, including, without limitation, as a lender, stockholder, partner, or member of a business that engages in such Retail Insurance Business.

  • Your Company has in place a policy on Open Architecture for Retail Insurance Business in terms of the Insurance Regulatory and Development Authority of India (Registration of Corporate Agents) Regulations, 2015.

  • Sellers further acknowledge and agree that Buyer Parties and the Acquired Retail Group Members have a reasonable, necessary and legitimate business interest in protecting the aforesaid assets and relationships, and businesses, that the covenants set forth below are reasonable and necessary in order to protect these legitimate business interests (including without limitation, from the conduct of Retail Insurance Business in capacities other than as an insurance agent or broker).

Related to Retail Insurance Business

  • general insurance business means any class of insurance business other than long-term insurance business;

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Blanket travel insurance means a policy of travel insurance issued to any eligible group providing coverage for specific classes of persons defined in the policy with coverage provided to all members of the eligible group without a separate charge to individual members of the eligible group.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Dental Insurance The District shall contribute $175.00 annually toward the cost of dental insurance whether for single or family coverage for full status employees who qualify for and enroll in the plan. The cost of the premium not contributed by the District for family coverage shall be borne by the employee through payroll deduction. This coverage shall continue for the duration of this contract.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Franchise insurance means an individual insurance policy provided through a

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Retail Business means a business which sells its product directly to a consumer.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

  • Collateral Insurance shall have the meaning set forth in Section 4.4(a).

  • Blanket insurance policy means a group policy covering a defined class of

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.