Policyholder means the adult person named in the Schedule who has concluded the Policy with the Company.
Policyholders surplus” means an insurer’s net worth, the difference between its assets and liabilities, as reported in its annual statement.
Policyholder behavior means any action a policyholder, contract holder, or any other person with the right to elect options, such as a certificate holder, may take under a policy or contract subject to this section including but not limited to lapse, withdrawal, transfer, deposit, premium payment, loan, annuitization, or benefit elections prescribed by the policy or contract, but excluding events of mortality or morbidity that result in benefits prescribed in their essential aspects by the terms of the policy or contract.
Accounting Policies means the accounting policies and procedures set out in Part C of Schedule 4 (Accounting Policies);
Trading Policy means the Company’s policy permitting certain individuals to sell Company shares only during certain “window” periods and/or otherwise restricts the ability of certain individuals to transfer or encumber Company shares, as in effect from time to time.