The Insurance Company Sample Clauses
The "Insurance Company" clause defines the specific insurer responsible for providing coverage under the agreement. It typically identifies the legal entity that issues the insurance policy, outlining its obligations to pay claims, manage premiums, and fulfill other policyholder services. For example, this clause may specify the company's name, address, and regulatory status. Its core practical function is to clearly designate the party accountable for insurance coverage, thereby ensuring clarity and reducing disputes about which insurer is responsible in the event of a claim.
The Insurance Company. 1.01 The Company has been incorporated under the laws of Bermuda as an insurance company whose corporate powers are described in the Amended Memorandum of Association set forth in Exhibit A.
The Insurance Company. The Insurer represents and warrants that it is a life insurance company duly organized and in good standing under Kansas law, that the Insurer is authorized to offer the Variable Contracts in those states set forth in Schedule B and that it is taxed as an insurance company under Subchapter L of the Code.
The Insurance Company a) shall provide PIM the cooperation necessary to perform the subject of the Insurance Contract,
b) shall notify PIM of facts leading to termination of the Insurance,
c) shall provide the insurance benefit after having received all materials necessary to determine the scope of its obligation to provide performance.