Insurance transaction definition

Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:

Insurance transaction means any transaction that involves insurance primarily for per-

Insurance transaction means any transaction involving insurance primarily for personal, family, or

Examples of Insurance transaction in a sentence

• When the issuer receives the daily enrollment file, in accordance with 45 C.F.R. § 155.400(b)(2), it must acknowledge receipt of information to the FFE by transmitting an ASC X12 Version 5010 999 Implementation Acknowledgement for Health Care Insurance transaction (ASC X12 999 Acknowledgement).

• Uppercase characters are recommended.AcknowledgementsAn accepted 824 Application Reporting for Insurance transaction, rejected 824 Application Reporting for Insurance transaction, or rejected TA1 InterChange Acknowledgement will be generated in response to all batch submitted files.

• The 999 Implementation Acknowledgment for Health Care Insurance transaction, TA1 Transaction Acknowledgment transaction, U277 Claim Acknowledgment transaction, and 835 Health Care Payment/Advice transaction are all returned to trading partners through the Highmark Gateway.

• Insurance transaction as a business and its markets are explained.

• AcknowledgementsAn accepted 824 Application Reporting for Insurance transaction, rejected 824 Application Reporting for Insurance transaction, or rejected TA1 InterChange Acknowledgement will be generated in response to all batch submitted files.

More Definitions of Insurance transaction

Insurance transaction means a transaction by, between or among:

Insurance transaction means any transaction that involves insurance primarily for personal, family or household needs rather than business or professional needs and that entails:

Insurance transaction means any of the following involv- ing insurance that is primarily for personal, family or household needs:

Insurance transaction means any transaction that involves

Insurance transaction means any transaction involving life, health, or disability insurance primarily for personal, family, or household needs rather than business or professional needs and entailing either the determination of an individual's eligibility for a life, health, or disability insurance coverage, benefit, or payment, or the servicing of a life, health, or disability insurance application, policy, contract, or certificate.

Insurance transaction means the entering into or termination of a policy and includes variations resulting in a change to the premium, benefits or the term of a policy excluding any contractually pre-determined or determinable variation;

Insurance transaction means a contractual relationship wherein a Financial Institution delivers or renews an Insurance policy on behalf of an insurance company for which the Financial Institution is authorized to act as an Insurance Producer. The term does not include a transaction in which the act of the Financial Institution is an incidental component of the transaction, such as when the Financial Institution is named as a "loss payee" or "mortgagee" or in which the Financial Institution requires insurance as collateral for a loan or extension of credit.