Policy summary means a synopsis describing the elements of a life insurance policy.
policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;
Policy Framework means a policy framework issued under section 26 of the Act.
Policy Owner means the owner named in the policy or the certificate holder in the case of a group policy.
Policy form means the form on which the policy is delivered or issued for delivery by the issuer.
Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.
Policy means Related Party Transaction Policy.
Life Insurance Policy has the meaning given in Section 6.11.
Policy Grievance shall be signed by a xxxxxxx or a Union representative or, in the case of an Employer's policy grievance, by the Employer or its representative.
Policy Date means the date on which the Search Report was prepared.
Policy Statement means a written description of the current approach of an agency, entitled a policy statement by the agency head or its designee, to implementation of a statute or other provision of law, of a court decision, or of an agency order, including where appropriate the agency's current practice, procedure, or method of action based upon that approach.
Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.
group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)
Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.
Policy Matrix means the policy matrix as agreed between the Borrower and ADB which sets forth the actions to be taken by the Borrower under the Program;
Reimbursement insurance policy means a policy of insurance
life policy means a contract in terms of which a person, in return for a premium, undertakes to -
Group Policy /”policy” means the breakdown policy as set out in this document;
Policy Term means the term of this Policy as specified in the Schedule;
Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.
R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.
Insurance Affordability Program means a program that is one of the following:
Security Policy Framework means the Cabinet Office Security Policy Framework (available from the Cabinet Office Security Policy Division);
Insurance Program or “program” shall mean a program which has been designated as a major program of PRISM under which participating members are protected against designated losses, either through joint purchase of primary or excess insurance, pooling of self-insured claims or losses, purchased insurance or any other combination as determined by the Board of Directors. The Board of Directors, the Executive Committee, or a program’s governing committee may determine applicable criteria for determining eligibility in any insurance program, as well as establishing program policies and procedures.
HMG Security Policy Framework means the Cabinet Office Security Policy Framework (available from the Cabinet Office Security Policy Division) as updated from time to time.
FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.