Deductible reimbursement definition

Deductible reimbursement means insurance coverage that
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Deductible reimbursement means insurance coverage that reimburses the insured for the deductible it paid under a separate commercial insurance policy issued to the same insured, without other conditions related to the underlying loss.
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Examples of Deductible reimbursement in a sentence

  • Deductible reimbursement to insured upon subrogation recovery is made in a timely and accurate manner.

  • The total benefits amount reimbursed under this section is subject to the overall maximum benefit limit per Policy Year, Deductible, reimbursement percentage and benefits conditions as specified in the Schedule of Benefits.

  • The maximum benefit per each covered Breakdown Deductible reimbursement shall be one hundred dollars ($100.00).

  • NAIC Standard 8Description: ➢ Deductible reimbursement to insureds upon subrogation recovery is made in a timely and accurate manner.

  • The Annual Deductible applies to all Hospital and medical expenses (except charges for certain In-Network services described in this SPD in the PPO Plan, and charges and Co-Payments for Prescription Drugs).Once a Covered Person has met his or her Annual Deductible, reimbursement is made by the Plan for Covered Expenses in excess of the Annual Deductible, regardless of whether other Covered Persons have incurred any Covered Expenses or met their respective Annual Deductibles.

  • By , outreach teams will work with each other across denominations to provide parent training in behavior modification and positive discipline.

  • The total benefits amount reimbursed under this section is subject to the overall maximum benefit limit per Policy Year, Annual Deductible, reimbursement percentage and benefits conditions as specified in the Schedule of Benefits.

  • Standard 8: Deductible reimbursement to insureds upon subrogation recovery is made in a timely and accurate manner.The company appears to be in compliance.

  • Individual Annual Deductible‌Once a Covered Person has met his or her Annual Deductible, reimbursement is made by the Plan for Covered Expenses in excess of the Annual Deductible, regardless of whether other Covered Persons have incurred any Covered Expenses or met their respective Annual Deductibles.

  • Claims – 2008 NAIC MRH Chapter XVII  Standard 1 - Regulated entity uses the reservation of rights and excess of loss letters, when appropriate. Standard 2 - Deductible reimbursement to insureds upon subrogation recovery is made in a timely and accurate manner.

Related to Deductible reimbursement

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Deductible has the meaning set forth in Section 11.1(e).

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.