Maximum Lifetime Benefit definition

Maximum Lifetime Benefit means the maximum benefit payable while a person is covered under this Plan. The Maximum Lifetime Benefit will not be construed as providing lifetime coverage, or benefits for a person’s Illness or Injury after coverage terminates under this Plan.
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Maximum Lifetime Benefit means the maximum benefit payable by WMI to any insured individual during their lifetime regardless of the named policyholder. This includes any amounts payable pursuant to COBRA, state extension of benefits, and conversion provisions.
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Maximum Lifetime Benefit means the maximum benefit payable while a person is covered under this Plan. It will not be construed as providing lifetime coverage, or benefits for a person’s Dental condition or dental disease after coverage terminates under this Plan.
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Examples of Maximum Lifetime Benefit in a sentence

  • Effective the first day of the month following ratification, the Maximum Lifetime Benefit as set out in the Extended Health Care Plan will be increased to $50,000 per person for eligible employees and dependents.

  • On the Policy Effective Date, the Coverage Maximum Amount is equal to the Maximum Lifetime Benefit.

  • The Maximum Lifetime Benefit under any combination of Home Health Care benefits and Long Term Care Facility benefits is equal to the lesser of the Long Term Care Specified Amount and the quantity, base policy Specified Amount (including the Additional Protection Rider) minus policy Indebtedness.

  • The Maximum Lifetime Benefit (all covered expenses) shall be the greater of $1 million or as required by State or Federal law.

  • Effective Date of Coverage First day of employment Plan Maximum Amounts Maximum Lifetime Benefit No Limit Benefits are available if you or your dependent receives treatment in an accredited emergency care facility or by a licensed physician as the result of a nonoccupational accident provided such treatment occurs within 90 days from the date of the accident.

  • The extension of benefits beyond the date the Policy is terminated is limited to the benefits remaining in the Maximum Lifetime Benefit.

  • Deductible - Nil Reimbursement - Part A - 90% for basic restorative and preventative services, periodontics, root canal treatment and repairs and relines of prosthetics - Part B - 70% of major restorative services (crowns and bridges) - Part C - 50% for orthodontic treatment Maximum Lifetime Benefit - Part C - $7,500 per person Survivor Dental Care Benefits - Will be provided to the spouse and dependent(s) of all active employees for up to two (2) years.

  • Each day you receive Homemaker Care, Home Health Care, Adult Day Care, Hospice Care, or Respite Care Benefits, for which benefits are payable under this Policy, will count as one full day of the Maximum Lifetime Benefit.

  • However, the Maximum Lifetime Benefit will be reduced resulting in your benefits being paid for a shorter length of time.

  • Benefits extended under the Alternative Plan of Care will be deducted from the Maximum Lifetime Benefit listed in the Policy Schedule and will, correspondingly, reduce the benefits available for the other forms of care/assistance covered by this Policy by an equal amount.


More Definitions of Maximum Lifetime Benefit

Maximum Lifetime Benefit means the maximum benefit payable by WMI to any insured individual during their lifetime regardless of the named policyholder. This includes any amounts payable pursuant to COBRA, state extension of benefits, and conversion provisions. For conversion provisions, benefits payable during the first year of the conversion policy, together with the benefits paid for the individual under the group policy, shall not exceed those that would have been payable had the individual’s insurance under the group policy remained in force.
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Maximum Lifetime Benefit means the maximum benefit payable by WMI to any insured individual during their lifetime regardless of the named policyholder. This
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Related to Maximum Lifetime Benefit

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Lifetime Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder cumulatively since the inception of these Terms and Benefits, irrespective whether any limits of any benefit items stated in the Benefit Schedule have been reached or whether the Annual Benefit Limit in a Policy Year has been reached.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Lifetime limit means once you’ve reached this benefit limit you can no longer claim that benefit in any future year of membership, even if you change your cover.