long-term policy definition

long-term policy means a disability policy, fund policy, funeral policy, health policy, life policy or sinking fund policy, or a contract comprising a combination of any of these policies;
long-term policy means a long-term policy as defined in the Long-term Insurance Act, 1998;
long-term policy means an assistance policy, a disability policy, fund policy, health policy, life policy or sinking fund policy, or a contract comprising a combination of any of those policies; and includes a contract whereby any such contract is varied;

More Definitions of long-term policy

long-term policy means a policy classified as a long term policy in guidelines issued by the Authority under this Act;
long-term policy means a policy evidencing a contract (other than a contract of reinsurance) the effecting of which by the transferor constituted the carrying on of long term business of any class.”.
long-term policy means an insurance policy in any of the classes of long term insurance business specified in regulations;
long-term policy means any policy issued by a Member Company evidencing a contract the effecting of which constitutes Long-term business but not being a contract of reinsurance;
long-term policy means an insurance policy of any of the classes of long term insurance business and includes an assistance policy, a disability policy, fund policy, health policy, life policy or sinking fund policy, or a contract comprising of a combination of any of these policies; and includes a contract where any such contract is varied;
long-term policy means long term policy as defined in the Insurance Industry Act;
long-term policy means a policy evidencing a contract the effecting of which constitutes the carrying on of long term business, other than reinsurance.