Standard Life Insurance definition

Standard Life Insurance means life insurance that could be purchased from a commercial life insurance company at standard rates without a surcharge assessed, based on an individual's general good health.
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Examples of Standard Life Insurance in a sentence

  • AND SUBSIDIARIES LIST OF SUBSIDIARIES OF THE REGISTRANT Reliance Standard Life Insurance Company of Texas (Incorporated in Texas), a subsidiary of Delphi Financial Group, Inc.

  • First Reliance Standard Life Insurance Company (Incorporated in New York), a subsidiary of Reliance Standard Life Insurance Company.

  • Reliance Standard Life Insurance Company (Incorporated in Illinois), a subsidiary of Reliance Standard Life Insurance Company of Texas.

  • Notwithstanding the foregoing, the Compensation Committee upon recommendation of the Chief Executive Officer of the Company may, with full and complete discretion, disregard Standard Underwriting Factors and customary requirements for Standard Life Insurance in establishing and/or increasing the amount of any Participant's retirement or death benefit under the Plan.

  • Jefferson Standard Life Insurance Company (a North Carolina corporation) as a wholly-owned subsidiary of Jefferson-Pilot Life Insurance Company.

  • Notwithstanding the foregoing, the Compensation Committee upon recommendation of the Chief Executive Officer of the Company may, with full and complete discretion, disregard Standard Underwriting Factors and customary requirements for Standard Life Insurance in establishing and/or increasing the amount of any Participant’s retirement or death benefit under the Plan.

  • The benefit amounts determined by the Compensation Committee upon recommendation of the Chief Executive Officer pursuant to Section 3.1(a) above are based on the assumption that each Participant's health and physical condition at the time of such Participant's commencement of participation in the Plan meets customary requirements for Standard Life Insurance.

  • The benefit amounts determined by the Compensation Committee upon recommendation of the Chief Executive Officer pursuant to Section 3.1(a) above are based on the assumption that each Participant’s health and physical condition at the time of such Participant’s commencement of participation in the Plan meets customary requirements for Standard Life Insurance.

  • Class 1 Shares are offered to separate accounts of GE Life and Annuity Assurance Company (“GELAAC”), GE Capital Life Assurance Company of New York (“GECLACNY”), GE Capital Assurance Company (“GECAC”), and Standard Life Insurance Company as an investment option for cash values of Contracts and Policies issued by such Companies on or before February 1, 2006 and having cash values invested in the Total Return Fund as of that date.

  • Standard Management Corporation and Standard Life Insurance Company of Indiana have entered into a Management Service Agreement effective August 1, 1992.

Related to Standard 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.

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

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

  • 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”)

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

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • 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.

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

  • 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.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Sponsored captive insurance company means a captive insurance company:

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

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

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • 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.

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

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

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

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