Portability and Continuity Benefits Sample Clauses

Portability and Continuity Benefits. It is agreed and understood that, Upon the Insured Person ceasing to be an Employee/member of the Policyholder, such Insured Person shall have the option to migrate to an approved retail personal accident insurance policy available with Us in accordance with the Portability guidelines issued by the IRDAI, provided that:
AutoNDA by SimpleDocs
Portability and Continuity Benefits. Portability means transfer by an Individual health insurance policyholder (including family floater cover) of the credit gained for pre-existing conditions and time bound exclusions if he/ she chooses to switch from one insurer to another. It is further agreed and understood that: You have been covered under an Indian health insurance policy from a non-life insurance company or Health Insurance company registered with IRDAI without any break;
Portability and Continuity Benefits. The company will grant continuity of benefits which were available to the Insured Members under a group insurance policy in the immediately preceding Cover period provided that:
Portability and Continuity Benefits. (i) Insured(s) have an option to migrate from their existing health insurance policy of any other Indian non-life insurer/standalone health insurer to any other similar policy with the company, at the time of renewal, provided the previous policy/policies has been maintained without any break and the policy holder shall apply to company at least 45 days before, but not earlier than 60 days from the policy renewal date of his or her existing policy in prescribed format.

Related to Portability and Continuity Benefits

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Educational Benefits a. A full-time employee may enroll for credit at the University for a maximum of two courses, or six credit hours, whichever is greater, in any one academic term with exemption from the payment of tuition and fees.

Time is Money Join Law Insider Premium to draft better contracts faster.