(d) the transfer declaration is clearly considered to be recorded on the date indicated in the receipt, in accordance with point 2 above; (ii) the transfer of the insurance activities of a company for life under a scheme prepared by a judicial director of the life company or part of the activities of the life company and confirmed (with or without amendment) by the Court of Justice in accordance with Part 9; (a) the regulator has decided, in accordance with Section 137, to review the activities of an entity (the first entity) that is a business of life or a registered NOHC; and credit life insurance – This is a particular type of coverage usually designed to pay a credit or account balance bill when the policyholder dies. Some lenders or sellers may apply for credit life insurance before approving a loan. If a credit term is required, the lender or seller cannot require the policyholder to purchase it from him or a particular insurance company. If the policyholder has an existing life policy, the lender must accept a transfer of benefits under its existing policy instead of requiring the lender to obtain a credit life policy. Premium rates for credit life insurance for loans 10 years or less are regulated by TDCI, but premium rates for loans over 10 years are not regulated. (g) where the institution is a life company, this information, held by the regulator, requires consideration of all or part of the life insurance activity of the life insurance company for life; Conditional receipt – A premium receipt that is granted to an applicant and makes life and health insurance effective only if a given condition is met. (b) the information that constitutes the records to which the requirement relates is stored, in whole or in part, electronically; (14 BIS) Parliament intends that a law of a state or territory will not have any effect to the extent that it obliges a life-corporation: this section authorizes any capital reduction that occurs because a life company waters or transfers a legal fund created and managed under this Act. (i) , or is due; and (a) to impose a liability on a person under the age of 16 to which he or she would not be subject outside of this section; or (c) in a newspaper circulating in the district where the company believes that the initial strategy document is lost or destroyed. Note: A company that has asked APRA to recant in accordance with Section 27 may, for the purpose of obtaining revocation in the Court of Justice pursuant to Part 9, apply to transfer the life insurance business from the company to another company. b) if there is no time indicated when the order is made.
5. For the purposes of paragraph 4, point (a) (c) (c) a violation of a provision is or will be significant if the infringement is or will be significant given one or more of the following points: b) the report is known before or within ten business days of the undertaking. (b) the provision relates to the company`s financial obligations to the owners of the policies it has issued or the minimum capital requirements of the life company; (2) A legal administrator of the Life Insurance Act takes control of the activities of a company company: long-term care services – coverage that helps people when they are unable to support themselves due to a prolonged illness or disability. The benefits are induced by specific results of “cognitive impairment” or inability to perform certain actions known as “activities of daily living.” Benefits range from helping with daily activities during home rest to skilled care in a nursing home.