Insurance Monies definition

Insurance Monies means individual items or balances representing money arising from the Intermediary’s activities in relation to any Insurance as follows: Premiums, additional premiums and return premiums due under any Insurance. Claims and related monies held in relation to any Insurance. Refunds and salvages relating to any Insurance. Fees, charges, taxes (including IPT) and similar fiscal levies relating to any Insurance. Commissions pursuant to clause 11 below.
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Insurance Monies means the following individual items or balances representing money arising from the intermediary’s activities in relation to any Insurance
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Insurance Monies means all money received or to be paid to a coverholder, from or on behalf of a Lloyd’s managing agent, in accordance with the terms of a binding authority. ‘Lloyd’s broker’ means a person listed in the register of Lloyd’s brokers maintained under the Lloyd’s brokers Byelaw.
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Examples of Insurance Monies in a sentence

  • Section 10.1 contains transitional rules relating to endorsements to hold Client Assets and Insurance Monies.

  • These Are Insurance Monies That Were Receipted Into The General Government Department And Should Have Been Receipted In The Sheriff Department.

  • Guidance Where an Authorised Firm does not hold or control any Insurance Monies as at the date on which the Authorised Firm’s audited statement of financial position was prepared, the DFSA expects that a nil balance be stated to comply with Rule A3.1.1 (a) in this Appendix.

  • In Lieu of Health Insurance Monies Those persons not requesting health insurance may select other insurances, annuities, or other options paid by “in lieu of monies” from the employer in an amount of $3,000.00.

  • Guidance If an Insurance Manager does not have in place risk transfer arrangements referred to in Rule 7.12.2(2), the Insurance Manager holds Insurance Monies, so far as they belong to Policyholders, at the risk of those Policyholders.

  • Please describe any arrangements that the applicant has made, or will make, concerning your existing Clients where you hold or control Client Assets or hold Insurance Monies, including obtaining any consents where required.

  • With respect to holding or controlling Client Assets or holding Insurance Monies, please describe the applicant’s senior management responsibilities, and attach a work flow chart, including details of individuals responsible for this activity, and the frequency of activities such as reconciliations.

  • The latter would include situations when the entity is a Custodian, holds or controls Client Assets, Client Money or Deposits, deals with Insurance Monies, has outstanding liabilities or is subject to certain legal actions.

  • With respect to the removal of the endorsement to hold or control Client Assets or hold Insurance Monies, please advise the impact of this change on the applicant’s business activities.

  • For existing Authorised Firms, please advise the date that you are proposing to begin to hold or control Client Assets or hold Insurance Monies.

Related to Insurance Monies

  • Insurance Policies has the meaning set forth in Section 3.16.

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

  • 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.

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

  • 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 carrier means every insurance carrier duly

  • 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.

  • Company Insurance Policies has the meaning set forth in Section 3.14.

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

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • 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.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • 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”)

  • Bond Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds.

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

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Insurances means, in relation to a Ship:

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

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

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

  • 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.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • 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.

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