Executive Life Insurance definition

Executive Life Insurance means a life insurance policy under TDCC Executive Split Dollar Life Insurance Plan, or the UCC Executive Life Insurance Plan.
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Executive Life Insurance means the RPM International Inc. Split Dollar Executive Life Insurance Plan in effect on the date hereof or any successor arrangement that the Company makes available at any time before the Termination Date to the executives and key management employees of the Company and in which Executive is then eligible to participate.
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Executive Life Insurance means any life insurance policy insuring the life of the Participant which is in force as of any Change of Control Date, including policies with accumulated cash value.
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Examples of Executive Life Insurance in a sentence

  • Specifically, the Debtors sought to terminate the Lyondell Chemical Company Executive Medical Plan, the Lyondell Chemical Company Executive Life Insurance Plan, certain deferred compensation plans and certain supplemental executive retirement plans (collectively, the “Executive Benefit Plans”).

  • Subsidiaries of the Company in the course of their consulting and insurance activities advised certain clients in connection with their purchase of guaranteed investment contracts and annuities issued by Executive Life Insurance Company, which is in rehabilitation under the supervision of the California Insurance Department.

  • The Corporation shall continue to maintain during the Severance Period life insurance covering the Terminated Officer under the Executive Life Insurance Program, as such program is then in effect.

  • In 1992, following the difficulties the state encountered in 1991 with respect to the investment of state Supplemental Benefits System funds in guaranteed investment contracts with Executive Life Insurance Company, the Legislature created the Alaska State Pension Investment Board to assume fiduciary responsibility with respect to the state’s various retirement funds.

  • Executive Life Insurance Plan, with its associated Salary Continuation Agreement, as may be amended from time to time, or pay to the Executive a lump sum representing the value of all benefits under such plan.

  • Your short-term and long-term disability, group life insurance and accidental death and dismemberment insurance, Supplemental Executive Life Insurance and Supplemental Executive Disability Insurance end on the date of your Separation from Service; provided, however, that nothing in this sentence is intended to limit your rights to elect any conversion or continuation rights that may be provided under any of the preceding insurance policies or plans.

  • Smith Corporation Executive Life Insurance Plan, as amended January 1, 2009, incorporated by reference to the annual report on Form 10-K for the fiscal year ended December 31, 2008.

  • The Corporation shall have one class of members consisting of certain PGAs (the “Members”) that elect to participate in, and become parties to, the Agreement of Restructuring in connection with the Liquidation of Executive Life Insurance Company of New York (the “Restructuring Plan”).

  • Form of GE Executive Life Insurance Agreement provided to GE officers, as revised November 2003 (Incorporated by reference to Exhibit 10(r) to the General Electric Annual Report on Form 10-K (Commission file number 1-35) for the fiscal year ended December 31, 2004).

  • The Receiver is acting as statutory rehabilitator of ELNY in an action pending before the Supreme Court of Nassau County of the State of New York (“Receivership Court”), captioned In the Matter of the Rehabilitation of Executive Life Insurance Company of New York (Index No. 8023/91) (“Receivership Proceedings”).

Related to Executive Life Insurance

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • Life Insurance Policy has the meaning given in Section 6.11.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Sponsored captive insurance company means a captive insurance company:

  • Captive insurance company means a pure captive insurance company, association captive insurance company, captive reinsurance company, sponsored captive insurance company, special purpose captive insurance company, or industrial insured captive insurance company formed or licensed under this chapter. For purposes of this chapter, a branch captive insurance company must be a pure captive insurance company with respect to operations in this State, unless otherwise permitted by the director.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

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

  • Insurance premium finance company means a person engaged in the business of

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Active life of a facility means the period from the initial receipt of hazardous waste at the facility until the Agency receives certification of final closure.

  • Industrial insured captive insurance company means a company that insures risks of the industrial insureds that comprise the industrial insured group and their affiliated companies.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Title Insurance Company as defined in Section 6.1(o).

  • Insurance group means the persons that comprise an insurance holding company system.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • 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”)

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

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Pure captive insurance company means a company that

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.