Qualified policy definition

Qualified policy means a long-term care insurance policy that is offered with the intent to meet the requirements of 26 United States Code, Section 7702B(b). [PL 2011, c. 198, §1 (NEW).]
View Source
Qualified policy means a credit insurance policy with a Qualified Insurer and in form and substance satisfactory to the Agent, insuring, among other things, the collection of the aggregate Outstanding Balances of the Foreign Receivables covered thereunder (subject only to a deductible not to exceed 10% thereof) in the event of the bankruptcy, insolvency or other failure to pay of or by the Obligors thereon.
View Source

Related to Qualified policy

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Lapsed Policy means a Policy which has not acquired the Surrender Value and where the due Premium has not been received till the expiry of the Grace Period;

  • RWI Policy has the meaning set forth in Section 6.16.

  • NAV Error Policy means the TRP Net Asset Value Error Policy as attached hereto as Schedule II.

  • Board Policy means any and all policies adopted by the School Board and in effect at the time the RFP is published and as they may be amended from time to time (“Board Policy”). All Board Policies are incorporated by reference into this Solicitation and into all Proposals submitted by a Proposer.