Account insurance definition

Account insurance means either the federal NCUA insurer or a state guaranty corporation which has been approved by the regulator who supervises the foreign credit union.

Examples of Account insurance in a sentence

  • The GRANTEE shall carry Force Account insurance covering bodily injury, legal liability, liability assumed under this Agreement and property damages resulting from any acts, errors or omissions for the work performed by GRANTEE’s employees in connection with this Agreement.

  • Account insurance is a policy provided by BPCE Assurances, a public limited company governed by the French Insurance Code, with capital of €61,996,212; Paris Trade and Companies Register no.

  • S/No.ItemValue of propertyAffidavit reference orsupporting document [In this column, state the nature of the property: i.e. CPF monies in the party’s Ordinary Account, insurance policies, etc.

  • Since you are always 100% vested in your Credit Account, insurance protection is not necessary because there is no risk of forfeiture.

  • Account insurance It is not possible to subscribe to an account insurance for the 32D+ Account.

  • S/No.ItemValue of propertyAffidavit reference orsupporting document [In this column, state the nature of the property: i.e. CPF monies in party’s Ordinary Account, insurance policies, etc.

  • WMATA shall not deliver, cause to be delivered or install such equipment earlier than contemplated by the Phase 2 project schedule.7.1.D Testing in Support of Phase 2.WMATA will insure its railcars and rail equipment used for testing in support of the Project under Force Account insurance which shall carry limits not less than the limits established in 7.3 below.

  • Without limiting the Tenant's indemnification of County and during the term of this Agreement, and until all of its obligations pursuant to this Agreement have been met, Tenant shall provide and maintain at its own expense, (except as provided for as an Operating Expense and is to be paid from the Operating Expense Account), insurance coverage satisfying the requirements specified in this Agreement.

  • If the employee is enrolled in the city’s Health Savings Account insurance plan, theF.S.A. cannot be utilized per the I.R.S.

  • This section presents the results for variation in natural disaster management.

Related to Account insurance

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Reimbursement insurance policy means a policy of insurance

  • Blanket insurance policy means a group policy covering a defined class of

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Insurance Account shall have the meaning set forth in Section 8.6 hereof.

  • 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.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Credit unemployment insurance means insurance:

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Borrower or any of its Restricted Subsidiaries, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of coinsurance in an amount up to $150,000,000) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth herein.

  • Insurance carrier means every insurance carrier duly

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Credit insurance means insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation.

  • Insurance Fund means the pest control insurance fund established pursuant to this compact.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.