Examples of Covered Loss in a sentence
Unless an optional periodic payment is stated or chosen, any Covered Loss to be paid in periodic payments will be paid at the end of each four-week period.
Covered Accident means an Accident that results in a Covered Loss.
Covered Loss means a loss that meets the requisites of one or more benefits or additional benefits, and for which benefits are payable under this Policy.
The unpaid balance, that remains when Our liability ends, will then be paid when We receive the Proof of Covered Loss that is acceptable to Us.
In the event that the Receiver withholds payment with respect to Losses claimed or determines pursuant to Section 2.6(b) that a payment was improperly made, the Assuming Institution and the Receiver shall, upon final resolution of such issue, make such accounting adjustments and payments as may be necessary to give retroactive effect to such actions, including making the necessary adjustments to the Covered Loss or Covered Gain for the affected Monthly Certificate(s).