Master Policyholder definition

Master Policyholder means the Insured.

Master Policyholder means any company, firm or body corporate incorporated under any relevant law in force in India and has its registered office and other offices located in India

Master Policyholder means the finance institution named in the scheduled which holds this group policy

Examples of Master Policyholder in a sentence

• In such event, the Master Policyholder shall be entitled to a refund of the amount of contributions paid less stamp duty charges incurred by the Company less proportionate risk charge for the period of life cover.

• In case, if the Master Policyholder disagrees to any of those terms or conditions, the Master Policyholder has the option to return the policy stating the reasons for his objection.

• The Master Policyholder agrees to indemnify and hold the Company free and harmless from any costs, expenses, claims, awards or judgments arising out of or in relation to the original Master Policy Document.

• All Premiums and benefits payable under this Master Policy are subject to applicable taxes, cess, etc, which shall be paid by the Master Policyholder along with the benefits or Premiums.

• The Master Policyholder / Beneficiary - Any notice, information or communication from the Company shall be mailed to the address of the Master Policyholder mentioned in Schedule to this Master Policy Document or to the changed address as intimated to the Company in writing.

More Definitions of Master Policyholder

Master Policyholder means the person or entity named as Master Policyholder in the schedule.

Master Policyholder means the group/organization/Institution named in the Policy Schedule;

Master Policyholder means the policyholder under a group insurance contract;

Master Policyholder means the entity first specified in Item 1. of the Declarations that directly holds an Account belonging to an Insured, or that issues an Access Device and agrees with an Insured to provide Electronic Fund Transfer services.

Master Policyholder means the Proposer for this policy and whose members are covered under the plan, and may include employer-employee groups and non employer-employee homogeneous groups such as banks, non banking financial institutions, employers offering loans to their employees, employee welfare societies etc.

Master Policyholder means an institution or entity to whom this Policy is issued by Us, as specified in the Schedule;

Master Policyholder means the bank/Post office named in the Schedule as the Master Policyholder