Daily Cash Benefit definition

Daily Cash Benefit means the per day Sum Insured unit opted under Section IV and specified in the Policy Schedule or Certificate of Insurance.
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Daily Cash Benefit means the Benefit payable for each complete day of Hospital Confinement of the Insured Person for Any One Disability covered by this Policy, as stated in the SCHEDULE OF BENEFITS.
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Daily Cash Benefit means the per day Sum Insured Unit opted under the Plan and specified in the Schedule to this Policy.
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Examples of Daily Cash Benefit in a sentence

  • We will pay Daily Cash Benefit of Rs. 500 per day maximum up to 10 days during each policy year for reasonable accommodation expenses in respect of one parent/legal guardian, to stay with any minor Insured Person (under the Age of 12), provided the hospitalization claim is paid under Section A1 Inpatient Hospitalisation Treatment.

  • Original Bill from a certified Ambulance Service Provider or Hospital Accidental Hospital Daily Cash Benefit a.

  • For the below mentioned covers, the cause of action shall be restricted to India: Benefit 1: Accidental Hospital Daily Cash Benefit, Benefit 2: Accidental Hospitalization Expenses Reimbursement, Benefit 3: Convalescence Benefit, All Claims shall be payable in India and shall be in Indian Rupees only.

  • IV.2 Double Benefit Cover What is covered For one or more of the following conditions that occur during the Policy Period, We shall pay 2 times the Daily Cash Benefit specified in the Policy Schedule for each continuous and completed period of 24 hours of Hospitalization.

  • Mortgagor shall be entitled to any award or damages in excess of the amount owed by Mortgagor to Mortgagee under the Lease and this Mortgage at the time of such taking.

  • Subclause (5) Persons having entered into an approved agreement in accordance with section 56 of the Danish Daily Cash Benefit (Sickness or Maternity) Act (the chronically ill) shall be exempt from the sick pay scheme in respect of the sickness covered by the agreement.

  • If the Insured Person is Hospitalized in an Intensive Care Unit (ICU) during the Policy Period for Medically Necessary Treatment of an Illness or an Injury that occurred during the Policy Period, We will pay 2 times the Daily Cash Benefit specified in the Policy Schedule for each continuous and completed period of 24 hours of Hospitalisation.

  • We will pay Daily Cash Benefit of Rs. 500 per day maximum up to 10 days during each policy year for reasonable accommodation expenses in respect of one parent/legal guardian, to stay with any minor Insured Person (under the Age of 12), provided the hospitalization claim is paid under Section A1 Inpatient Hospitalisation Treatment.This benefit will be applicable annually for policies with term more than 1 year.

  • We will pay Daily Cash Benefit of Rs. 500 per day maximum up to 10 days during each policy year for reasonable accommodation expenses in respect of one parent/legal guardian, to stay with any minor Insured Person (under the Age of 12), provided the hospitalization claim is paid under Inpatient Hospitalisation Treatment Cover.This benefit will be applicable annually for policies with term more than 1 year.

  • Nevertheless, in the absence of more useful criteria that are easily measurable, the use of employment as a defining criterion is the most robust method of categorizing businesses, as long as the potential distortions are understood.


More Definitions of Daily Cash Benefit

Daily Cash Benefit means the per day Sum Insured Unit opted underthe Plan and specified in the Schedule to this Policy.
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Daily Cash Benefit means the Benefit payable for each Day of Confinement of an Insured Person for Sickness or Injury covered by the Policy subject to the maximum Sum Insured or maximum number of days as stated in the Schedule that corresponds to the Plan as stipulated in the Schedule.
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Daily Cash Benefit means the Benefit payable for each day of Hospital Confinement of an Insured Person for Accidental Injury covered by this Policy.
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Daily Cash Benefit means the cash benefit for each Day of Hospital Confinement of an Insured Person for Disability covered by this Policy, as stated in the Policy Schedule.
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Daily Cash Benefit means the Benefit payable for each day of Confinement of an Insured Person for Sickness or Injury covered by this Policy subject to the maximum amount stated in the Schedule of Benefits that corresponds to the Plan as stipulated in the Policy Schedule.
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Daily Cash Benefit means the per day (continuous and completed period of 24 hours of hospitalisation) benefit amount selected by the insured at the time of commencement of policy.
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Related to Daily Cash Benefit

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Recovered tax increment value means, except as otherwise

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Average final compensation means the average annual creditable compensation of a member during

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • State average current expense appropriations per student means the most

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

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

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Actuarial equivalent means a benefit of equal value when

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.

  • Base Period Income is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.