Underlying Policy definition

Underlying Policy. — means a valid insurance policy in force with:
Underlying Policy means a policy providing
Underlying Policy means a policy listed as an underlying policy in the Declarations.

Examples of Underlying Policy in a sentence

  • Upon satisfaction of these conditions, the resultant Underlying Policy becomes a Reinsured Policy.

  • The Ceding Company will not cede an Underlying Policy to Generali USA unless the amount to be reinsured at issue exceeds the Initial Minimum Cession amount shown in Schedule A.

  • If the Ceding Company's guidelines do not treat the policy as new business and the replacement does not utilize an Underlying Policy, no coverage is available under this Agreement.

  • The Ceding Company may submit any application for an Underlying Policy to Generali USA for its consideration on a facultative basis.

  • The Ceding Company may submit an application for coverage utilizing an Underlying Policy form to Generali USA for its consideration on a facultative basis.


More Definitions of Underlying Policy

Underlying Policy means any of these title insurance owner’s or loan policies:
Underlying Policy means in relation to any Put Portfolio II Asset the guarantee or insurance policy, if any, indicated as such in the Put Portfolio II Annex.
Underlying Policy means a policy or contract any risk arising from which is reinsured by a reinsurer in a reinsurance arrangement, and “underlying policy holder” shall be construed accordingly.
Underlying Policy has the meaning provided in the Administrative Services Agreement.
Underlying Policy means a policy providing" underlying insurance.
Underlying Policy means all insurance policies, including the “primary policy” that provide coverage for the same perils insured herein and that attach at a layer below the attachment point of this policy, including all applicable deductibles and self-insured retentions.
Underlying Policy means the specified policy of insurance listed in Schedule ASchedule of Underlying Insurance and listed in the Schedule above to which the “Designated Endorsement(s)” applies.