Insurance tracking definition

Insurance tracking means monitoring evidence of insurance on collateralized credit transactions to determine whether insurance required by the credit agreement has lapsed, and communicating with debtors concerning the status of insurance coverage.
Insurance tracking means only those activities related to determining whether a borrower has in place insurance that complies with the loan contract’s requirements to maintain insurance to protect the property serving as collateral for the loan, including:
Insurance tracking means activities undertaken by a person other than a creditor to monitor evidence of insurance on collateralized credit transactions to determine whether insurance required by the credit agreement has lapsed and to communicate with debtors concerning the status of insurance coverage;

Examples of Insurance tracking in a sentence

  • Insurance tracking costs should continue to be used to calculate LPI premiums for two reasons: First, because of a critical distinction between the servicer’s role and that of the LPI insurer with respect to LPI coverage, the servicer has no need to actually track insurance coverage, while the LPI insurer must do so to manage its own outstanding risk.

  • Insurance tracking: A high-level software application developed by an upcoming actor through the applica- tion store to add a new scenario of interest; in this case, this scenario is real-time management of insur- ance policies.

  • Third Schedule All that piece or parcel of land containing about 1.

  • The cost consideration for your organization is simple, continue with the obsolete Certificate of Insurance tracking service currently in place at a cost of $76,500 per year, or engage ERC to handle the vendor compliance process at NO cost to Prospective Client.

  • An open drug formulary that provides choice for enrollees and their physicians while being prudent and ensuring the drugs are cost and care-effective.District: Insurance tracking information is available online.

  • Insurance tracking, generally, is the set of activities a creditor or servicer (or its vendor) must perform to monitor a borrower’s insurance coverage to comply with the requirements of the loan contract for continuous insurance coverage.

  • Major features of OpenEMR include electronic billing, Document management, E-Prescribing, Prescriptions (by printed script, fax or email), Insurance tracking etc.

  • All the business critical services of the Insurance Company which includes the availability of the MPLS cloud and the Insurance tracking portal were configured for pro-active monitoring of critical parameters.

  • CEO Update – Jeff CriglerDescription: Centennial account update, Edmunds GovTech, LS56 completion, and Insurance tracking sheet.2. Finance – Review of May 2023 Financials – Jeff Crigler Description: Presentation of May 2023 financial statements.

  • Insurance coverage premiums true-up – Eric went over the Insurance tracking sheet that he’s using to ensure proper coverage and explained how accounting determined premium responsibilities before splitting the coverage between the three Neighborhoods.


More Definitions of Insurance tracking

Insurance tracking means monitoring evidence of insurance on
Insurance tracking means all activities related to determining whether a borrower has in place hazard insurance that complies with the mortgage loan contract’s requirements to maintain hazard insurance, including:
Insurance tracking means monitoring evidence of insurance on collateralized credit

Related to Insurance tracking

  • 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.

  • 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.

  • 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;