Master Policy definition

Master Policy means the contract between the Company and the Master Policyholder to provide Life Cover to the insured member on receipt of due premiums.
Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.
Master Policy means the "Master Policy" Declarations issued to the "Named Insured". The "Master Policy" provides the "Named Certificate Holders" no insurance separate and apart from the coverage evidenced by the "Certificate of Insurance".

Examples of Master Policy in a sentence

  • Any person or organization or the legal representative thereof who has secured such judgment or written agreement shall there- after be entitled to recover under this Mas- ter Policy to the extent of the insurance af- forded by this Master Policy.

  • In the event of any payment under this Master Policy, the companies may partici- ▇▇▇▇ with the insured and any underlying in- surer in the exercise of all the insured’s rights of recovery against any person or or- ganization liable therefor.

  • For each subsequent calendar year, beginning January 1 next following the effective date of this Master Policy, the subscribing com- panies and the proportionate liability of each such company shall be stated in an en- dorsement issued to form a part of this Mas- ter Policy, duly executed by the President of Nuclear Energy Liability Insurance Associa- tion on behalf of each such company, and mailed or delivered to the Nuclear Regu- latory Commission.

  • No action shall lie against the companies or any of them unless, as a condition ▇▇▇▇▇- ▇▇▇▇ thereto, the insured shall have fully complied with all the terms of this Master Policy, nor until the amount of the insured’s obligation to pay shall have been finally de- termined either by judgment against the in- sured after actual trial or by written agree- ment of the insured, the claimant and the companies.

  • Each company subscribing this Master Pol- icy upon its issuance shall be liable only for its stated proportion of any obligation as- sumed or expense incurred under this Master Policy because of bodily injury or property damage caused during the period from the ef- fective date of this Master Policy to the close of December 31 next following.


More Definitions of Master Policy

Master Policy means the cover provided by this endorsement.
Master Policy means this Master Policy wording and the Master Policy Schedule.
Master Policy means a document issued by a mortgage guaranty insurance company to a creditor or mortgage-holding entity that establishes the terms and conditions of mortgage guaranty insurance coverage provided thereunder, including any endorsements thereto.
Master Policy means a surplus line insurance contract
Master Policy. , “Policy” means the Reliance Group Term Assurance Plan contract entered into between the Master Policyholder and the Company providing life cover to the members of the Master Policyholder.
Master Policy means the "Master Policy" Declarations issued to the “Policyholder”. The "Master Policy" provides the "Agents" no insurance separate and apart from the coverage evidenced by the "Certificate of Insurance".
Master Policy means the contract of insurance set out in Part 2 of this document. (ae) “Partner” means any Associate held out by the Firm as a partner in the Firm.