Policy Continuation Rider definition

Policy Continuation Rider. This rider is automatically added to the policy at issue. This rider is intended to prevent the lapse of highly loaned policies.
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Policy Continuation Rider. This rider is automatically added to the policy at issue age. This rider is intended to prevent the lapse of highly loaded policies. Foreign Travel Exclusion Rider: The rider provides that if the insured dies while traveling to, from, or in a country NOT listed on the List of Countries and Jurisdictions (Schedule A Foreign Travel Exclusion Rider Exhibit II), or dies as a direct or indirect result of an illness or injury sustained during such travel, the death benefit proceeds will be limited to the policy's account value, less any outstanding indebtedness. Single Life Treaty -- Effective 12/1/2002 (Auto) / 11/01/2002 (Fac) Between HLAIC and ERC Amendment #3 -- Effective 12/1/2003 5 SCHEDULE A FOREIGN TRAVEL EXCLUSION RIDER UNDERWRITING GUIDELINES Single Life Treaty -- Effective 12/1/2002 (Auto) / 11/01/2002 (Fac) Between HLAIC and ERC Amendment #3 -- Effective 12/1/2003 SCHED7 ULE A FOREIGN TRAVEL EXCLUSION RIDER LIST OF COUNTRIES AND JURISDICTIONS LIST OF COUNTRIES AND JURISDICTIONS ELIGIBLE FOR TRAVEL UNDER THE FOREIGN TRAVEL EXCLUSION RIDER Single Life Treaty -- Effective 12/1/2002 (Auto) / 11/01/2002 (Fac) Between HLAIC and ERC Amendment #3 -- Effective 12/1/2003 AMENDMENT NUMBER 4 This Amendment is made by and between HARTFORD LIFE AND ANNUITY INSURANCE COMPANY (referred to as the Ceding Company) and EMPLOYERS REASSURANCE CORPORATION (referred to as the Reinsurer). It is attached to and becomes a part of the Automatic Yearly Renewable Term Reinsurance Agreement Effective December 1, 2002 (Auto) November 1, 2002 (Fac) (referred to as the Reinsurance Agreement).
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Policy Continuation Rider. This rider is automatically added to the policy at issue. This rider is intended to prevent the lapse of highly loaned policies. SL Enh Std 12/01/2002 -- Amendment 2 Between HLAIC and ERAC AMENDMENT NUMBER 3 This Amendment is made by and between HARTFORD LIFE AND ANNUITY INSURANCE COMPANY (referred to as the Ceding Company) and EMPLOYERS REASSURANCE CORPORATION (referred to as the Reinsurer). It is attached to and becomes a part of the Reinsurance Agreement Effective December 1, 2002 (referred to as the Reinsurance Agreement).
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Examples of Policy Continuation Rider in a sentence

  • Policy Continuation Rider: Intended to prevent the lapse of highly loaned policies.

  • Rider (LAABR) Policy Continuation Rider NOTE: NAR Type for term riders above is C.

  • Rider (LAABR) Cost of Living Adjustment (COLA) Rider Policy Continuation Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE:NAR Type for term riders above is Lifetime No Lapse Guarantee Rider C.

  • Rider (LAABR) Rider Cost of Living Adjustment (COLA) Policy Continuation Rider Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE: NAR Type for term riders Lifetime No Lapse Guarantee Rider above is C.

  • Rider Rider (LAABR) Cost of Living Adjustment (COLA) Policy Continuation Rider Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE: NAR Type for term riders Lifetime No Lapse Guarantee Rider above is C.

  • Rider (LAABR) Cost of Living Adjustment (COLA) Rider Policy Continuation Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE: NAR Type for term riders above is C.

  • Any Loan Extension and Paid Up Death Benefit Guarantee endorsements, and any Policy Continuation Rider of the policy will no longer apply once benefits are paid under this rider.

  • Please also state in the table that the Policy Continuation Rider cannot be exercised if Death Benefit Option B is in effect, and state that when the rider is in effect, partial withdrawals, premium payments, changes to the policy face amount and death benefit option, and transfers out of the unloaned guaranteed interest option are prohibited.

  • When describing the Policy Continuation Rider beginning on page 43, please state that the rider is automatically included with the Policy.

  • Subject to Section 5.5, all profits, losses, gain, deductions and credits either of cash or property of or by the Company shall be distributed entirely to the Member.


More Definitions of Policy Continuation Rider

Policy Continuation Rider. This rider is automatically added to the policy at issue. This rider is intended to prevent the lapse of highly loaned policies. SL Enh Std 12/01/2002 -- Amendment 2 Between HLIC and RGA AMENDMENT 3 EFFECTIVE MARCH 1, 2004 TO THE REINSURANCE AGREEMENT EFFECTIVE DECEMBER 1, 2002 BETWEEN HARTFORD LIFE INSURANCE COMPANY ("CEDING COMPANY") AND RGA REINSURANCE COMPANY ("REINSURER")
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Related to Policy Continuation Rider

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Notice of Continuation means a notice substantially in the form of Exhibit D (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section 2.8. evidencing the Borrower’s request for the Continuation of a LIBOR Loan.

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Continuation Period shall have the meaning set forth in Section 6.9(a).

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • Continuation Notice as defined in Section 2.17(a).

  • Compensation Accrued at Termination means the following:

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Termination Benefit means the benefit set forth in Article 7.

  • Notice of Continuation/Conversion has the meaning specified in Section 2.2(b).

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Certificate of Continuing Program Compliance means the Certificate to be filed by the Owner with the Administrator, on behalf of the Issuer, and the Trustee pursuant to Section 4(f) hereof, which shall be substantially in the form attached as Exhibit C hereto or in such other comparable form as may be provided by the Issuer to the Owner, or as otherwise approved by the Issuer.

  • Subsidy means the difference between the amount of periodic

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.