Coverage Level Sample Clauses
The Coverage Level clause defines the extent or scope of protection provided under an insurance policy or agreement. It specifies the maximum amount or percentage of loss that will be covered, and may outline different levels of coverage for various types of claims or situations, such as basic, standard, or premium tiers. By clearly establishing the boundaries of what is and is not covered, this clause ensures both parties understand their financial responsibilities and helps prevent disputes over coverage in the event of a claim.
Coverage Level. This term means the level of reimbursement (90%, 75%, or 45%), as elected by the Company under Article XX or deemed under Article III(3), which is used in determining reimbursement under Article IV.
Coverage Level. Coverage Levels of 50, 60, 70 or 80 percent can be elected.
Coverage Level. For purposes of determining reimbursement (if any) due the Company under this Contract and in accordance with the Statute, the Company has the option to elect a 45% or 75% or 90% Coverage Level under this Contract. If the Company is a member of an NAIC group, all members must elect the same Coverage Level, and the individual executing this Contract on behalf of the Company, by placing his or her initials in the box under (a) below, affirms that the Company has elected the same Coverage Level as all members of its NAIC group. If the Company is an entity created pursuant to Section 627.351, Florida Statutes, the Company must elect the 90% Coverage Level. The Company shall not be permitted to change its Coverage Level after the March 1 statutory deadline for execution of the Contract. The Company shall be permitted to change its Coverage Level upon timely execution of the Contract for the next Contract Year, but may not reduce its Coverage Level if revenue bonds issued under Section 215.555(6), Florida Statutes, are outstanding. The Coverage Level elected by the Company for the prior Contract Year effective June 1, 2019 2020 was as follows: «Legal_Name» - «20192020_Coverage_Option»
(a) NAIC Group Affirmation: Initial the following box if the Company is part of an NAIC Group:
Coverage Level. For purposes of determining reimbursement (if any) due the Company under this Contract and in accordance with the Statute, the Company has the option to elect a 45% or 75% or 90% Coverage Level under this Contract. If the Company is a member of an NAIC group, all members must elect the same Coverage Level, and the individual executing this Contract on behalf of the Company, by placing his or her initials in the box under (a) below, affirms that the Company has elected the same Coverage Level as all members of its NAIC group. If the Company is an entity created pursuant to Section 627.351, Florida Statutes, the Company must elect the 90% Coverage Level. The Company shall not be permitted to change its Coverage Level during the Contract Year. The Company shall be permitted to change its Coverage Level at the beginning of a new Contract Year, but may not reduce its Coverage Level if a Covered Event required the issuance of revenue bonds, until the bonds are no longer outstanding. The Coverage Level elected by the Company for the prior Contract Year effective June 1, 2018 was as follows: «Legal_Name» - «2018_Coverage_Option»
(a) NAIC Group Affirmation: Initial the following box if the Company is part of an NAIC Group:
Coverage Level i. Effective January 1, 2015, Company-Paid Basic Life Insurance (Years of Service-based Benefit) coverage will be as follows: Less than 5 $10,000 5 to less than 10 $15,000 10 to less than 15 $20,000 15 to less than 25 $30,000 25 to less than 35 $40,000 35 or more $50,000
Coverage Level. Employee Accidental Death and Dismemberment Plan Dependent Accidental Death and Dismemberment Dental Assistance Plan Dependent Life Insurance Health Manager Plan Life Insurance Major Medical Plan Supplementary Long-Term Disability Income Plan Vacation Option 1 No coverage No coverage No coverage No deposit Option 2 Option 1 No coverage No buying
Coverage Level. Coverage Levels of 70 or 80 percent can be elected;
i. The same Coverage Level must be selected for dryland and irrigated ▇▇▇▇▇▇▇ ▇▇▇.
Coverage Level. Bee Overwintering Insurance applies a 90 percent Coverage Level to the Insured’s Individual Survival Rate.
Coverage Level. a. Hail Endorsement is available at 60, 70, and 80 percent Coverage Level for most Insurable Crops, and 90 percent Coverage Level for Sugar Beets.
Coverage Level. For purposes of determining reimbursement (if any) due the Company under this Contract and in accordance with the Statute, the Company has the option to elect a 45% or 75% or 90% Coverage Level under this Contract. If the Company is a member of an NAIC group, all members must elect the same Coverage Level, and the individual executing this Contract on behalf of the Company, by placing his or her initials in the box under (a) below, affirms that the Company has elected the same Coverage Level as all members of its NAIC group. If the Company is an entity created pursuant to Section 627.351, Florida Statutes, the Company must elect the 90% Coverage Level. The Company shall not be permitted to change its Coverage Level after the March 1 statutory deadline for execution of the Contract. The Company shall be permitted to change its Coverage Level upon timely execution of the Contract for the next Contract Year, but may not reduce its Coverage Level if revenue bonds issued under Section 215.555(6), Florida Statutes, are outstanding. The Coverage Level elected by the Company for the prior Contract Year effective June 1, 2019 was as follows: «Legal_Name» - «2019_Coverage_Option» NAIC Group Affirmation: Initial the following box if the Company is part of an NAIC Group: