Cover Option definition

Cover Option means the cover option taken by You as is specified in the Schedule.
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Cover Option means one of the following death cover options chosen by You on the Date of Commencement of Risk:
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Cover Option means in- built coverage options available for the Policyholder to choose either from (i) Life & CI Rebalance, or (ii) Life Protect, or (iii) Income Plus. Subject to conditions under Part C, these options can be availed along with Add-on Options if chosen by the Policyholder.
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Examples of Cover Option in a sentence

  • No Benefit is payable on death other than Accidental Death as specified under Personal Accident Cover Option and as opted by the Master Policyholder or the Scheme Member.

  • If you have chosen the Premier Cover Option, then the following extra benefits also apply: 17a) Extra Cash BenefitThe Extra Cash Benefit will be paid monthly in advance and in addition to the Total Disability Income Benefit, for the first three months after the waiting period while the Total Disability Income Benefit is being paid.

  • If any special contracts are nominated in Your Policy Schedule, then this Insured Perils - Cover Option 2 of this Policy and the Additional Benefits are amended to remove the words “Insured Peril” and replace them with the word “Accident” wherever they appear, for claims arising from such nominated contracts.

  • For Cardiac Cover Option and Cancer Cover Option, Unclaimed Benefit Sum Insured shall mean Benefit Option Sum Insured as reduced by any claims already made for the Benefit since the date of commencement of Scheme Member’s coverage.

  • The Table Grape Protective Cover Option applies to all acreage of the insured crop that is adequately protected by a plastic cover.

  • Please refer to Section 18 “What does the Premier Cover Option include?”.

  • The Table Grape Protective Cover Option is applicable for late harvest table grapes in California if the option is available in the actuarial documents.

  • In addition the Insurers will pay costs and expenses incurred by the Insurers or with their written consent in connection with the defence investigation or settlement of any claim which may be the subject of indemnity under this Cover Option.

  • If the policy is transferred to a different AIP, a new Table Grape Protective Cover Option must be signed by the insured and submitted to AIP on or before the ARD.

  • The Table Grape Protective Cover Option must be elected on or before the ARD and is continuous.


More Definitions of Cover Option

Cover Option. Cover Option means an additional benefit available under the applicable Benefit which applies to the Insured Person. The Certificate of Insurance will specify the Cover Options which are applicable to the Insured Person under the Policy.
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Cover Option indicates whether the Policyholder has selected a Level Term Assurance type or a Decreasing Term Assurance type. In the instances where the Level Term Assurance is selected, the sum assured in respect of any Scheme Member will stay constant during all the years of the Scheme membership. In the instances where the Decreasing Term Assurance is selected, the sum assured reduces over the Coverage Term based on the Benefit Schedule defined at inception.
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Related to Cover Option

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Option means a stock option granted pursuant to the Plan.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Employee Option means an Option granted pursuant to Section 5.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Director Option means an Option granted pursuant to Section 6.

  • Optioned Stock means the Common Stock subject to an Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).