Cover Amount definition

Cover Amount means the level of cover You have chosen for Cignpost Term Life as shown on Your Plan Schedule.
Cover Amount means the level of cover You have chosen for Cignpost Term Life or Cignpost Critical Illness, as shown on Your Plan Schedule. The Cover Amount can be different between Cignpost Term Life and Cignpost Critical Illness.
Cover Amount. - means [redacted] for delivery in any hour during the applicable Summer Seasonal Performance Period.

Examples of Cover Amount in a sentence

  • The Option Percentage is the percentage of the Forward Underwriting Cover Amount that may be exercised to buy cover upon the occurrence of certain ‘Business Events’, ‘Personal Events’ or ‘Other Events’.

  • If a claim is payable and there are unpaid Premiums on Your Plan, the unpaid Premiums will be deducted from the Cover Amount.

  • For information on who else may be involved when a claim is made, please refer to the section regarding entitlement to the Cover Amount.

  • Depending on the reason for the claim, the claim payment will be the same as, or a proportion of, the Cover Amount (subject to any maximum amount for the cover type).

  • The Business Safeguard Forward Underwriting Cover Amount is the amount of additional maximum cover, over the lifetime of the benefit, that You can apply to buy either under a new Priority Protection policy in the future, or to increase the coverage of anexisting Priority Protection policy.

  • The Forward Underwriting Cover Amount is the maximum cover, over the lifetime of the benefit, that You can apply to buy either under a new Priority Protection policy in the future, or to increase the coverage of an existing Priority Protection policy.

  • Any increase in Your Cover Amount, other than because of the Increasing Cover option, will be written on new business terms and conditions which are subject to benefit limits and may be different from Your existing Plan.

  • If We provide a Replacement Appliance or pay the Cover Amount for Accidental Loss, the cover under the Policy ends.

  • If YES, please provide the policy details in the schedule below.CommencementDate Insurer Type of Cover Amount of Cover*To be Replaced ‘Y’ or ‘N’ *For policies to be replaced, please attach a copy of the policy document or other proof of existing insurances and terms of acceptance.

  • Accidental Damage CoverIf the Insured Appliance suffers Accidental Damage during the Policy Term which occurs in Australia or New Zealand, We will at Our option Repair or replace theInsured Appliance or pay the Cover Amount, subject to the applicable Excess and other Policy terms.If the Insured Appliance is Repaired, that Repair may be carried out using new or used parts.


More Definitions of Cover Amount

Cover Amount has the meaning assigned in Section 8.3.1.
Cover Amount shall have the meaning set forth in Section 3.2.7.
Cover Amount means, in respect of (x) a Seller who is a Non-performing Party, the positive difference, if any, obtained by subtracting the Contract Price from
Cover Amount is defined in Section 2.9(a).
Cover Amount means the amount of Cover specified in the Member Smart Contract Data by the Covered Member at purchase of Bundled Protocol Cover.
Cover Amount means the amount of Cover specified by the Covered Member in the Member Smart Contract Data at purchase of the Cover inclusive of any Sublimits specified in the Annex.

Related to Cover Amount

  • Transfer Amount means, as of any Transfer Date, any of the Issuer Expenses Transfer Amount, the Taxation Expenses Transfer Amount, the Servicer Fee Transfer Amount, the Reserve LC Expenses Transfer Amount, any Debt Service Reserve Account Transfer Amount, any Series Senior Interest Transfer Amount for any Series of Securities, any Series Senior Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Excess Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Accelerated Principal Transfer Amount for any Series of Securities, any Series Senior Excess Accelerated Principal Transfer amount for any Series of Securities, any Series Subordinated Interest Transfer Amount for any Series of Securities, any Series Subordinated Scheduled Principal Transfer Amount for any Series of Securities, and/or any Series Subordinated Accelerated Principal Transfer Amount for any Series of Securities, each as of such Transfer Date.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Hurdle Amount for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Participation Interest and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Participation Interest upon such repurchase as described in Section 5.2(c).