Life Insurance Companies definition

Life Insurance Companies means any insurance companies with which the Borrowers have entered into Life Insurance Policies in connection with any Mortgage Loans.
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Life Insurance Companies means any insurance companies with which the Borrowers have entered into Life Insurance Policies in connection with any Mortgage Loans;
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Life Insurance Companies means the nationally recognized and reputable life insurance companies, each with a credit rating of not less than “A” by AM Best & Co., as determined by Administrative Agent, and their respective successors and assigns, that are the issuers of the Life Insurance Policies.
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Examples of Life Insurance Companies in a sentence

  • Based on the Direction, Life Insurance Companies are allowed to transfer One-off surplus attributable to Policyholders' Non-Participating Fund to Shareholders' Fund.

  • Participants having pension policies approved by the Commission under Section 63 of the Income Tax Ordinance, 2001 (XLIX of 2001) and issued by Life Insurance Companies before 30 June 2005 are eligible to redeem their units and transfer the balance to their Individual Pension Account, subject to the Rules.

  • As on till date there are total 24 Life Insurance Companies in India.

  • The words and figures “or to the Central Government under section 11 of the Indian Life Insurance Companies Act, 1912 (7 of 1912)” Omitted by Act 5 of 2015, s.

  • In providing financial advice and plans, we provide advice on products issued by Registered Life Insurance Companies, including investment life insurance products, life risk insurance products and products issued by Registered Life Insurance Companies and backed by statutory funds.

  • Davis, E.P. (1988), Financial Market Activity of Life Insurance Companies and Pension Funds, Economic Paper No.21, Bank for International Settlements, Basle, reports a survey of UK and US fund managers in which they acknowledge the existence of a herding effect.

  • Life Insurance Companies: All lines are applicable except lines 2, 6, and 10 will apply only to life companies writing accident and health insurance.

  • The value of investments made under the Investment Mortgage Loans or by one of the Life Insurance Companies in connection with the Life Insurance Policies, may not be sufficient for the relevant Borrowers to fully redeem the related Mortgage Receivables at maturity and may result in a default by Borrowers to repay the remaining outstanding principal amount.

  • Foreign exchange rate fluctuation reserves On March 1, 2012, the Company’ s insurance subsidiary transferred to be the opening balance of foreign exchange rate fluctuation reserves part of catastrophic special reserves and risk variation special reserves; the provision and charge off of foreign exchange rate fluctuation reserves follow the Guidelines on Foreign Exchange Rate Fluctuation Reserves in Life Insurance Companies.

  • Life Insurance Companies (where the dividend is in respect of shares that are complying superannuation/ FHSA assets) and complying superannuation funds shareholders will be taxed on dividends at the prevailing tax rate which is currently 15%.


More Definitions of Life Insurance Companies

Life Insurance Companies means those certain life insurance companies that enter into the Reinsurance and Participation Agreement with NEWCO. A preliminary list of the Life Insurance Companies is set forth on Schedule 1.42 hereto, which shall be updated at Closing.
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Life Insurance Companies means any and all life insurance companies issuing life insurance policies, annuities, segregated funds, disability insurance policies or related policies, solicited by the Agent and placed through the Company:
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Related to Life Insurance Companies

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

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

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Sponsored captive insurance company means a captive insurance company:

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Insurance group means the persons that comprise an insurance holding company system.

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Insurance Commissioner means the Insurance Commissioner

  • 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.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the