Insured Plan definition

Insured Plan means any past, present, or future:
Insured Plan means any:
Insured Plan means any government-mandated insurance for workers' compensation, unemployment, social security or disability benefits for employees of the Sponsor Organization.

Examples of Insured Plan in a sentence

  • The Insurer shall have no right of recourse against any Insureds for any payment of Loss made by the Insurer under this Liability Coverage Part because of a Wrongful Act by such Insureds if the premium for this Policy was paid for by other than an Insured Plan.

  • Subject to the terms and conditions of this Policy and Liability Coverage Part, coverage shall be afforded for Loss resulting from any Claim against the Insureds for a Wrongful Act involving any Insured Plan terminated by an Insured Entity, including post-termination Wrongful Acts.


More Definitions of Insured Plan

Insured Plan means any insurance program of the SPONSOR ORGANIZATION mandated by statute for workers’ compensation, unemployment, social security or disability benefits.
Insured Plan means a health benefit plan regulated by the New Jersey Department of Banking and Insurance for which Horizon assumes the risk of loss or costs of benefits. Insured Plans shall not include Self-Funded Plans or other plans for which Horizon provides administrative services only.
Insured Plan means any past, present or future:
Insured Plan means a pension plan under which all the benefits are insured by a contract with an insurance business under which that business is obligated to pay those benefits;
Insured Plan means the Xxxxxxxxx Corporation Insured Income Continuation Plan, as amended from time to time, which is an insured disability plan.
Insured Plan means any government-mandated insurance program for workers' compensation, unemployment, social security or disability benefits for employees of the Sponsor Organization.j. Interrelated Wrongful Acts means all causally connected Wrongful Acts.k. Loss means the total amount which any Insured becomes legally obligated to pay on account of each Claim and for all Claims in each Policy Period and the Extended Reporting Period, if exercised, made against them for Wrongful Acts for which coverage applies, including, but not limited to, damages, judgments, settlements, costs and Defense Costs. Loss does not include matters uninsurable under the law pursuant to which this Policy is construed.l. Parent Organization means the organization designated in ITEM 1. of the Declarations of this Policy.m. Pension Benefit Plan means any plan so defined in the Employment Retirement Income Security Act of 1974, as amended.SPECIMENn. Policy Period means the period of time specified in ITEM 4. of the Declarations of this Policy, subject to prior termination in accordance with Section 23. If this period is less than or greater than one year, then the Limit of Liability specified in the Declarations for this Policy shall be Company's maximum Limit of Liability under this Policy for the entire period.o. Pollutants means any substance located anywhere in the world exhibiting any hazardous characteristics as defined by, or identified on a list of hazardous substances issued by the United States Environmental Protection Agency or a state, county, municipality or locality counterpart thereof. Such substances shall include, without limitation, solids, liquids, gaseous or thermal irritants, contaminants or smoke, vapor, soot, fumes, acids, alkalis, chemicals or waste materials. Pollutants shall also mean any other air emissions, odor, waste water, oil and oil products, infectious or medical waste, asbestos and asbestos products and any noise.p. Sponsor Organization means any organization designated in ITEM 5. of the Declarations of this Policy.q. Sponsored Plan means:
Insured Plan means all employee benefit plans subject to the Employee Retirement Income Security Act of 1974, and any amendment thereto, for which the entity identified in ITEM 1 of the Declarationsacts as a Fiduciary under written contract at any time during the Bond Period.