Examples of Policy Owner in a sentence
To Seller’s Knowledge, each Policy was acquired by the Policy Owner from the applicable Insurer without any agreement, understanding or other arrangement (whether written or oral) to acquire such Policy (or any interest therein) for the benefit of, or to transfer such Policy (or any interest therein) to, any Person not having an insurable interest in the life of each Insured under such Policy on its date of issuance.
To Seller’s Knowledge, there was no misrepresentation or fraud by any Insured, Policy Owner or other Person (including any insurance agent, broker or producer) in connection with the application for, or the procurement of, the Policy or in connection with any previous sale or financing of any direct or indirect interest in such Policy.
Resolution and Certificate of Incumbency (Seller) • By-laws/Partnership Agreement/Operating Agreement/Trust Agreement of Policy Owner INSURANCE DOCUMENTS • Original Policy & Policy Application (or any substitute or copy reasonably acceptable to the Purchaser).