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

• The Contractholder reserves the right to amend the Plan in whole or in part upon 31 days written notice to the Participating Employers.

• Proof of claim must be provided in a manner satisfactory to the Contractholder and the Plan Administrator.

• A Participating Employee has the right to make representations with respect to any matter being determined by the Contractholder.

• Notwithstanding any other provision of the Plan, the Contractholder reserves the right to establish the rate of premiums payable under clause 8.1(a).

• The Contractholder and/or Plan Administrator reserves the right to determine the amount of any dental benefit payable under the Plan by taking into account possible alternate procedures, services or courses of treatment which are based on accepted dental practice.

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 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 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 any person that is a party to a Contract with Insurance Company.

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.