Transferring Policies means any policy or policies issued by the Transferor in relation to the Transferring Business which are, or may be deemed to have been, in existence on or prior to the Scheme Effective Date but which shall not include the Residual Policies;
Transferring Policies means every contract of insurance and reinsurance written, issued, or assumed by or novated to Britannia and includes:
Transferring Policies. Means the with-profits annuity policies of Equitable Life included on the Final Policy List which are not Excluded Policies, Expired Policies or Ineligible Policies. Although the Transferring Policies will not include any Excluded Policies, the Principles of Financial Management will apply equally to the manner in which Prudential is required to carry out its obligations in respect of the Excluded Policies under the Excluded Policies Reassurance Agreement, such that references to Transferring Policies should, for the most part, be treated as including references to the Excluded Policies."Transferring Policies Bonus Series"Means a newly created bonus series in Prudential's DCPSF to which the Transferring Policies will be allocated on the Scheme Effective Date."Transferring Policies Smoothing Account"Means the smoothing account to be held for the Transferring Policies in Prudential's WPSF reflecting the amounts held back or added to annuity payments by way of smoothing as described in Part II, paragraph 5(g)."United Kingdom" or "UK"Means the United Kingdom of Great Britain and Northern Ireland."Up-front Guarantee Charge"Means the amount to be transferred by Equitable Life to Prudential in payment for the acceptance by Prudential's WPSF of the Guarantee Liabilities as described in Part II, paragraph 3(d)(ii)."Up-front Guarantee Charge Transferring Assets"Means certain assets selected by Prudential in accordance with the process described in Part II, paragraph 3(g) which will be transferred to Prudential's WPSF under the Scheme in payment for the acceptance by Prudential's WPSF of the Guarantee Liabilities asdescribed in Part II, paragraph 3(d)(ii).
Examples of Transferring Policies in a sentence
On the Effective Date, Royal London will transfer German Bond Transferring Policies from the Royal London Main Fund to this fund.
Royal London DAC will become the insurer of all Transferring Policies from the Effective Date.
All of these policies subsequently transferred to Royal London on 1 July 2011.In this booklet, we refer to these policies as Liver Non-Transferring Policies• all policies held in the Royal London Main Fund, other than the German Bond Transferring Policies and the RL Ireland Protection Policies• all other policies held in the Royal London Other Closed Funds.In this booklet we refer to these policies as Non-Transferring Policies.
In this booklet we refer to these policies as the German Bond Transferring Policies.If the Transfer takes effect, Royal London DAC will become the insurer of all Transferring Policies from the Effective Date.
On the Effective Date, Royal London will transfer the Liver Ireland Transferring Policies from the Royal Liver Sub-Fund into this fund• a fund called the German Bond Sub-Fund which will be closed to new business.
More Definitions of Transferring Policies
Transferring Policies means all Class A Policies, Class C Policies and Class D Policies, the product names for which are listed in Schedule 1 of the Hong Kong Scheme, underwritten by CLICL prior to 1 September 2023 as part of the CLICL Business and under which any liability remains outstanding at the Effective Date, whether such Policies have been reinstated or have expired, lapsed, matured, surrendered or terminated, and including:
Transferring Policies means all Policies (including all constituent parts of a Policy) to the extent written by or on behalf of, or for which responsibility has been assumed by, the Transferor as insurer, reinsurer or retrocessionaire prior to the Effective Date and comprised in the Transferring Business under which any liability remains unsatisfied or outstanding at the Effective Date;
Transferring Policies means the UK general insurance and reinsurance Policies, written for and on behalf of the Transferor (or by a predecessor company of the Transferor and transferred to it) as insurer, reinsurer or retrocessionaire (including without limitation, all endorsements and amendments thereto) that were entered into by the Transferor (including by any predecessor company) prior to the Effective Date and that are carried on by the Transferor as at the Effective Date and as set out below:
Transferring Policies means Transferring Contracts and Extending Contracts (to the extent that the Extending Contract relates to the Transferring Business); and
Transferring Policies means the Insurance Policies comprised in or relating to the Transferring Business, together or individually as the context may indicate, excluding any Residual Policy until the relevant Subsequent Transfer Date, if any, for each such Residual Policy and excluding the Excluded Policies; Transferring Policyholder means a holder of a Transferring Policy;
Transferring Policies means the policies of life insurance for the following products: Investa, Serenity, Infinity, Protecta, Accidenta and Serenity Critical Illness; issued by the Transferor and listed in Schedule 1 as updated at the last month-end prior to the Effective Date; Transferring Policyholder means a holder of a Transferring Policy; In this Scheme of Transfer: