Insurer definition

Insurer means a person who insures or guarantees for the benefit of the mortgagee all or any portion of the risk of loss upon borrower default on any of the mortgage loans originated, purchased or serviced by the Company or any of its Subsidiaries, including the Federal Housing Administration, the United States Department of Veterans’ Affairs, the Rural Housing Service of the U.S. Department of Agriculture and any private mortgage insurer, and providers of hazard, title or other insurance with respect to such mortgage loans or the related collateral.
Insurer. Any named insurer under any Primary Insurance Policy or any successor thereto or the named insurer in any replacement policy.
Insurer means each life insurance carrier in which there is a Split Dollar Policy Endorsement attached to this Agreement.

Examples of Insurer in a sentence

  • All such policies of insurance shall be with financially sound and reputable insurance companies and in such amounts as is carried generally in accordance with sound business practice by companies in similar businesses similarly situated and located; provided, however, that such insurance may be with a Captive Insurer or otherwise self-insured consistent with past practice.


More Definitions of Insurer

Insurer means a company required to be licensed under the laws of this state to provide insurance products, including annuities.
Insurer means any entity licensed by a state to issue contracts of insurance for any of the lines of insurance covered by this compact.
Insurer means the State Accident Insurance Fund Corporation; an insurer authorized under ORS chapter 731 to transact workers’ compensation insurance in the state; or, an employer or employer group that has been certified under ORS 656.430 that meets the qualifications of a self-insured employer under ORS 656.407.
Insurer means the issuer of any municipal bond insurance policy insuring the timely payment of the principal of and interest on Bonds or any Series of Bonds.
Insurer means Ambac Assurance Corporation, or any successor thereto, as issuer of the Insurance Policy.
Insurer means an authorized insurer as defined in section 108 of the insurance code of 1956, 1956 PA 218, MCL 500.108.
Insurer means the insurance company or carrier appointed by the Company;