Group master policy definition

Group master policy means an insurance policy that provides coverage to eligible persons on a group basis through a group insurance program;
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Group master policy means Group Master Policy No. 727 issued by First North American Insurance Company to the Policyholder.
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Group master policy means the agreement between the PPO and the Group providing for the administration of enrollment, payment of premiums, and other matters pertaining to the provision of health care benefits under the terms of this Certificate for persons who meet the requirements of the Group to participate in the Group’s health benefit’s plan.
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Examples of Group master policy in a sentence

  • A copy of the Group Master Policy or Policies of the Insured Benefit plan shall be given to the Union.

  • Premium shall be remitted on a monthly basis to the PPO within the specified time frames set forth in this Certificate or as otherwise set forth in the Group Master Policy.

  • An Insured Person’s coverage will automatically terminate on the date when: the Insured Person for any reason ceases to fall within the definition of Insured Person; the Group Master Policy is terminated as provided in the Group Master Policy; or the Cardholder notifies the Policyholder to cancel the Credit Card Account.

  • A copy ofthe Group Master Policy or Policies of the benefit plans shall be given to the union.

  • Upon request, a copy of the Group Master Policy or Policiesof the benefit plans shall be given to the Union.

  • The monthly premiums for coverage are specified in the Group Master Policy, as amended from time to time.

  • However, the Group Master Policy and this Certificate shall be subject to amendment, modification or termination in accordance with any provision thereof or hereof without the consent or concurrence of or notice to the Members, except as provided for herein.

  • In order for benefits to be provided, the premium must be paid on or before the first day of the effective coverage month for each Member under this Certificate or as specified in the Group Master Policy, subject to the grace period provisions specified in this Certificate.

  • A l l rights with respect to benefits w i l l be governed solely by the Group Master Policy issued by the Insurance Company, details of which may be obtained from the Personnel Department.) The Company shall provide a t no premium cost to the employees a Weekly Indemnity Insurance Program administered in accordance with the terms of the Insurance and containing the following governing provisions.

  • The PPO may terminate the Group Master Policy in accordance with the provisions of that agreement.


More Definitions of Group master policy

Group master policy means the insurance policy named to the Group Master Policy holder that contains policy details such as, but not limited to, conditions, coverage and benefits, coverage limits, exclusions, date of effectivity, etc., extended to its insured members. “Confirmation of Insurance Coverage” or “CoC refers to the proof of insurance coverage provided by BPI MS to the insured member which contains the name of the Group Master Policy holder, insured member, effectivity, and expiry of coverage, etc.
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Related to Group master policy

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

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

  • R&W Policy means a representation and warranty insurance policy for the benefit of Buyer obtained in connection with this Agreement on the terms described on Schedule 1.01 of the Buyer Disclosure Schedule.

  • CSR Policy means the present Corporate Social Responsibility Policy of the Company, which covers the activities to be undertaken by the Company as specified in Schedule VII to the Act and the CSR Expenditure thereon.

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

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

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • 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 Insurance Policy has the meaning given in Section 6.10.

  • Reimbursement insurance policy means a policy of insurance

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

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • 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.

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

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

  • 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:

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • 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.

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

  • D&O Policies has the meaning set forth in Section 8.06.

  • 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.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)