Policyholders definition

Policyholders surplus” means an insurer’s net worth, the difference between its assets and liabilities, as reported in its annual statement.
Policyholders means policyholders, insureds and assignees under the Policies and Post-Closing Policies.
Policyholders means all existing and prospective clients or customers of the Insurer and any persons entitled to be provided with the Benefits;

Examples of Policyholders in a sentence

  • Any amount already paid against claims made under this policy but which are found fraudulent later shall be repaid by all recipient(s)/ Policyholder(s), who has made that particular claim, who shall be jointly and severally liable for such repayment to the Insurer.

  • Termination will become effective immediately where the breach is incapable of remedy; or The Intermediary has, or The Company has reason to believe that The Intermediary has entered into arrangements with another insurer(s), which results in the transfer of a significant proportion of The Company’s Policyholders to another insurer(s).

  • Entire Contract and Application This policy, the Policyholder's application and the Primary Insured Person's application, if any, together with the endorsements attached to this policy, constitute the entire contract of insurance.

  • We may examine the Policyholder's books and records relating to this policy at any reasonable time during the policy term and up to three (3) years after expiration of this policy or until final adjustment and settlement of all claims under this policy, whichever is later.

  • In the likelihood of this product being withdrawn in future, the Company will intimate the Policyholders about the same 90 days prior to date of withdrawal of the product.


More Definitions of Policyholders

Policyholders membership interest” means all policyholders’ rights as members of the mutual company including, but not limited to, rights to vote and participate in any distribution of surplus whether or not incident to liquidation of the mutual company.
Policyholders means the owners or holders of one or more of the Reinsured Policies.
Policyholders means the policy owner, except: (a) where a single policy or certificate insures both a policy or certificate owner and another insured person, “Policyholder(s)” means both the policy or certificate owner and the other insured person jointly; (b) where the Class Policy at issue is certificate 7042CRT, 7044CRT, or any other Class Policy that is a certificate issued under a group long-term care insurance policy, “Policyholder(s)” means the certificate holder.
Policyholders means the policyholders of the Transferring Policies and “Policyholder” means any one of them;
Policyholders account manager” means SABB Takaful Company.
Policyholders means policyholders, insureds, beneficiaries, subscribers, members, certificate holders and assignees, and eligible dependents of each of the foregoing, under policies of the Subject Business.
Policyholders means, as applicable, the named insureds under, or policyholders with respect to, the Reinsured Contracts or any other person entitled to payment under the Reinsured Contracts.