Proposed Life Insurance definition

Proposed Life Insurance means life insurance, as herein defined, which is intended as a replacement for existing life insurance.

Examples of Proposed Life Insurance in a sentence

  • Death Benefit (AI) Rider 1 Death BenefitRider 2 Death Benefit Rider 3 Death BenefitRider 4 Death Benefit Existing Life Insurance/AnnuityCASH VALUES/DIVIDENDS Immediately Before Immediately After Proposed Life Insurance Proposed Annuity Guaranteed Cash Value (Trad.) Accumulation Fund (UL/ULII/Annuities)Accumulated Dividends (DWI) Cash Value of Div.

  • All proposals shall show or conform to the following, in addition to other information required upon the proposal form:• Name of Proposed Life Insurance Company.• Insurance Company rating as per A.M. Best's Insurance Guide or appropriate financial documents to assure the proposer is a stable, sound, and responsible company.

  • April 30, 2007 Re: Comments on Certain Proposed Life Insurance Policy Standards To the Management Committee: On behalf of the Life Insurance Settlement Association (LISA), thank you for the opportunity to comment on the proposed Individual Single Premium Term Life Insurance Policy Standards, Individual Joint Last to Die Survivorship Term Life Insurance Policy Standards and Individual Single Premium Joint Last to Die Survivorship Term Life Insurance Policy Standards (collectively, the “Standards”).

Related to Proposed Life Insurance

  • 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.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Credit life insurance means insurance on the life of a debtor in connection with

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • 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;

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • life policy means a contract in terms of which a person, in return for a premium, undertakes to -

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Insurance premium finance company means a person engaged in the business of

  • Applicable Policy means any rules, policies, directives, standards of practice or Program Parameters issued or adopted by the Funder, the Ministry or other ministries or agencies of the province of Ontario that are applicable to the HSP, the Services, this Agreement and the parties’ obligations under this Agreement during the term of this Agreement. Without limiting the generality of the foregoing, Applicable Policy includes the other documents identified in Schedule C;

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Cash Value Insurance Contract means an Insurance Contract (other than an indemnity reinsurance contract between two insurance companies) that has a Cash Value greater than $50,000.

  • Reimbursement insurance policy means a policy of insurance

  • Sponsored captive insurance company means a captive insurance company:

  • Blanket insurance policy means a group policy covering a defined class of

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • 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.

  • Franchise insurance means an individual insurance policy provided through a