Insurance transaction definition

Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:
Insurance transaction means any transaction that involves insurance primarily for per-
Insurance transaction means any transaction involving insurance primarily for personal, family, or

Examples of Insurance transaction in a sentence

  • The 999 Implementation Acknowledgment for Health Care Insurance transaction, TA1 Transaction Acknowledgment transaction, U277 Claim Acknowledgment transaction, and 835 Health Care Payment/Advice transaction are all returned to trading partners through the Highmark Gateway.

  • What this shows, she continues, is that we have this tendency – when faced with contradictions among our beliefs – to accept the true ones, and reject the false ones.65 It is indeed a remarkable human capacity that we do have a tendency – when choosing from among various hypotheses – to favour truth over falsehood.

  • The 999 Implementation Acknowledgment for Health Care Insurance transaction, TA1 Transaction Acknowledgment transaction, U277 Claim Acknowledgment transaction and 835 Health Care Payment/Advice transaction are all returned to trading partners through the Highmark Gateway.

  • The 999 Implementation Acknowledgment for Health Care Insurance transaction, TA1 Transaction Acknowledgment transaction, 277CA Health Care Claim Acknowledgment transaction, U277 Claim Acknowledgment transaction, and 835 Health Care Payment/Advice transaction are all returned to trading partners through the Highmark Gateway.

  • AcknowledgementsAn accepted 824 Application Reporting for Insurance transaction, rejected 824 Application Reporting for Insurance transaction, or rejected TA1 InterChange Acknowledgement will be generated in response to all batch submitted files.


More Definitions of Insurance transaction

Insurance transaction means any of the following involv- ing insurance that is primarily for personal, family or household needs:
Insurance transaction means a transaction by, between, or among
Insurance transaction means any transaction that involves
Insurance transaction means any trans- action that involves insurance primarily for per- sonal, family or household needs rather than business or professional needs and that entails:
Insurance transaction means the entering into or termination of a policy and includes variations resulting in a change to the premium, benefits or the term of a policy excluding any contractually pre-determined or determinable variation;
Insurance transaction means a transaction by, between or among: (1) an insurer or a person who acts on behalf of an insurer; and (2) an insured, claimant, applicant for insurance, public adjuster, insurance professional, practitioner, or any person who acts on behalf of any of the foregoing, for the purpose of obtaining insurance or reinsurance, calculating insurance premiums, submitting a claim, negotiating or adjusting a claim, or otherwise obtaining insurance, self-insurance, or reinsurance or obtaining the benefits thereof or therefrom.
Insurance transaction means a contractual relationship wherein a Financial Institution delivers or renews an Insurance policy on behalf of an insurance company for which the Financial Institution is authorized to act as an Insurance Producer. The term does not include a transaction in which the act of the Financial Institution is an incidental component of the transaction, such as when the Financial Institution is named as a "loss payee" or "mortgagee" or in which the Financial Institution requires insurance as collateral for a loan or extension of credit.