Terminated Policies definition

Terminated Policies means all group indemnity dental insurance policies and group prepaid managed care dental contracts issued, or assumed pursuant to the Reinsured Assumed Agreements, by Ceding Company through the Dental Division, whether offered on a voluntary basis (employee-paid) or true group (employer-paid) basis, as well as any riders providing for other supplemental benefits, and any supplemental benefits arising out of such policies, that have been terminated before the Effective Date but with respect to which there still are runoff claims at or after the Effective Time.
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Terminated Policies means all group indemnity dental insurance policies, group and individual prepaid managed dental care contracts, group whole life insurance policies, group term life insurance policies, group disability insurance policies, group accident-only insurance policies and other group non-major medical A&H insurance policies issued, or assumed pursuant to the Reinsured Assumed Agreements, by Ceding Company through the Dental Division, whether offered on a voluntary basis (employee-paid) or true group (employer-paid) basis, as well as any riders providing for other supplemental benefits, and any supplemental benefits arising out of such policies or contracts, that have been terminated before the Effective Time but with respect to which there still are runoff claims at or after the Effective Time.
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Terminated Policies means any Policy that, as of the Eligibility Date, has lapsed, surrendered or otherwise terminated without insurance coverage, and has not been reinstated. For purposes of this Regulatory Settlement Agreement, the term “terminated” shall not include policies that, as of the Eligibility Date, are fully paid- up or are providing coverage as reduced paid-up or extended term insurance under a contractual non- forfeiture provision.
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Examples of Terminated Policies in a sentence

  • Class Members may receive relief for which they are otherwise eligible with respect to Class Policies which are Terminated Policies that insured persons who died after the policy was out-of-force only if they submit a complete, valid, and timely Claim Form (Exhibit A) no later than the Claim Form Due Date (July 31, 2006).

  • Class Members may receive relief for which they are otherwise eligible with respect to Class Policies which are Terminated Policies insuring persons still alive only if they submit a timely and valid, fully completed Reinstatement and Terminated Policy Information Request Form (a copy of which is attached hereto as Exhibit B) no later than July 31, 2006 and only if they also thereafter pay the Reinstatement Amount due as described in § III, above.

  • The maximum guaranteed aggregate cost to the Company of the increased policy reserves on In-Force, Reduced Paid-Up, Extended Term, and Reinstated Policies and the cash payments on Estate and Matured Policies and on the Terminated Policies described in § III F, and the scholarship contributions provided for by the Settlement, and all other relief hereunder combined, is a combined total of $6 million (six million dollars), notwithstanding any other provision of this Settlement.

  • For those policyholders who owned Terminated Policies, Penn Mutual will be ordered by the Department and by this Court to pay a pro rata share of a $13 million Terminal Dividend Fund to be established by Penn Mutual, based on a formula set out in the Stipulation of Settlement.

  • No interest will be credited or earned for the time period prior to the issuance of the reinstated Policy on these amounts paid to reinstate Terminated Policies with face amounts of $100,000 or less.

  • For expired, lapsed, or surrendered or otherwise Terminated Policies, they should fill in the Reinstatement and Terminated Policy Information Request Form attached to this Notice as Exhibit B, and complete and file it.

  • Therefore, all Class Members are advised (and shall be told in theClass Notice Package) to file a timely and valid Claim Forms (or for Terminated Policies, a Reinstatement and Terminated Policy Information Request Form) in order to ensure that they receive any benefits to which they may be entitled under this Settlement.

  • Schedule 3.23 (a) lists each insurance policy under which the Company or any Company director or officer (in such capacity) is or was a beneficiary (other than the Terminated Policies described in Section 6.11), (b) specifies any premiums paid by the Company under each policy, and (c) summarizes the type and amount of coverage.

  • The resulting Terminated Policies Settlement Common Fund, as reduced pursuant to Section IX, will be distributed pro rata, based on the proportion of the Additional MD Collected for each Terminated Policy owned by a Settlement Class Member in relation to the total Additional MD Collected for all Terminated Policies owned by all Settlement Class Members; provided, however, that the minimum payout for each Terminated Policy will be $200.

  • From and after the Effective Time, C2 shall be responsible for Claims Administration with respect to any outstanding historical claims under the Terminated Policies, and C2 shall be entitled to receive all rights, benefits and Insurance Proceeds, and shall be responsible for all Liabilities and expenses, resulting from or arising out of any such claims.


More Definitions of Terminated Policies

Terminated Policies shall have the meaning set forth in Section 5.1(c).
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Terminated Policies means policies issued by OneBeacon Insurers that have expired by their terms or that have been otherwise terminated prior to the Effective Date and that the OneBeacon Designated Representative has requested, or will request, Liberty to provide Pre-Closing Administrative Services for, and Liberty has agreed, or will agree, to provide such services.
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Related to Terminated Policies

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • 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;

  • D&O Policies has the meaning set forth in Section 8.01(e).

  • Shared Policies means all Policies, current or past, which are owned or maintained by or on behalf of D&B or any of its Subsidiaries which relate to one or more of the D&B Business, the Cognizant Business or the ACNielsen Business.

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

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • R&W Policy means any buyer-side representations and warranties insurance policy purchased by a Buyer or an Affiliate thereof in connection with this Agreement on or before the Closing Date.

  • Budget-related Policy means a policy of a municipality affecting or affected by the annual budget of the municipality, including-

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Policies shall have the meaning set forth in Section 6.1(b) hereof.

  • Mandatory Policies means the following of our business policies and codes:

  • Permitted Policy Amendment is an amendment, modification, termination or restatement of the Investment Policies, that is either (a) approved in writing by the Administrative Agent (with the consent of the Required Lenders), (b) required by applicable law or Governmental Authority, or (c) not material.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Claims Made Policies has the meaning set forth in Section 5.01(b).

  • Applicable Policies means the policies, bylaws, directives, regulations, guidelines, codes of conduct, rules, systems and procedures of AHS listed in Schedule “F” attached.

  • Eligible surplus lines insurer means a nonadmitted insurer with which a surplus lines

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Reimbursement insurance policy means a policy of insurance

  • Policy Effective Date means the commencement date of these Terms and Benefits which is specified as "Policy Effective Date" in the Policy Schedule.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Consensus Policies are those policies established (1) pursuant to the procedure set forth in ICANN’s Bylaws and due process, and (2) covering those topics listed in Section 1.2 of this Specification. The Consensus Policy development process and procedure set forth in ICANN’s Bylaws may be revised from time to time in accordance with the process set forth therein.

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Employee Plans means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.

  • Self-insured employer means an employer or group of employers certified under ORS

  • Company Insurance Policies has the meaning set forth in Section 3.14.