Contractholder definition

Contractholder means any entity that is a party to a Contract with a Participating Company (as defined below).

Contractholder means the holder of interests in a Contract or a participant in an employee benefit plan with a beneficial interest in a Contract.

Contractholder shall include, as applicable, (i) the beneficial owner of Shares, whether the Shares are held directly by Contractholder or by Insurance Company in nominee name; (ii) a Separate Account unit holder, notwithstanding that the Separate Account may be deemed to be the beneficial owner of Shares; or (iii) the holder of interests in a Participating Fund underlying a variable annuity or variable life insurance contract.

Examples of Contractholder in a sentence

• No statement in any application, except a fraudulent statement, made by the Contractholder or by a [Member] covered under this Contract shall be used in contesting the validity of his or her coverage or in denying benefits after such coverage has been in force for two years during the person's lifetime.

• Any notices, documents, or other information under the Contract may be sent by United States Mail, postage prepaid, addressed as follows: If to Us: To Our last address on record with the Contractholder.

• This contract, including the application and any riders, amendments or endorsements, between the Contractholder and [Carrier].

• We may make amendments to the Contract upon 30 days' notice to the Contractholder, and as provided in (b) and (c) below.

• No assignment or transfer by the Contractholder of any of the Contractholder's interest under this Contract or by a [Member] of any of his or her interest under this Contract is valid unless We consent thereto.

More Definitions of Contractholder

Contractholder means the person to whom the benefit plan is issued. Any other person approved for coverage with the Contractholder under this plan is a Dependent. Under group coverage, the Contractholder is the member who is eligible for coverage because of his or her affiliation with a Group.

Contractholder means the person or entity to whom the contract is issued.

Contractholder means the legal entity identified as the policyholder or group plan sponsor on the face page of the Contract who establishes, sponsors and endorses an employee benefit plan for insurance or health care coverage.

Contractholder means a Primary Applicant who meets the applicable eligibility requirements described in this Contract, and is enrolled and actually covered under this Contract other than as a Covered Dependent, or as a Member in the case of child-only coverage, and for whom the Premium prepayment required by Part VI. PREMIUMS, COPAYMENTS, COINSURANCE, DEDUCTIBLES, AND OTHER EXPENSES has been received by AvMed.

Contractholder means an individual who meets and continues to meet all applicable eligibility requirements and who is enrolled, and actually covered under this Contract other than as a Covered Dependent.

Contractholder means the holder of any Reinsured Contract.

Contractholder means an employer in the Service Area who or which executes an enrollment agreement with respect to any Managed Care Contract subject to this Agreement.