Fixed indemnity insurance definition

Fixed indemnity insurance means accident and health insurance written to provide a fixed amount for a specified event relating to or resulting from an illness or injury.
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Examples of Fixed indemnity insurance in a sentence

  • These coverage arrangements are not considered to be insurance, so the requirements and protections described in this FAQ do not apply.• Fixed indemnity insurance.

  • Fixed indemnity insurance is a type of excepted benefits coverage that provides a specified amount of money to an enrollee who experiences a qualifying event (e.g., hospitalization).

  • These coverage arrangements are not considered to be insurance, so the requirements and protections described in this FAQ do not apply. Fixed indemnity insurance.

  • Additional sample language is available in examples illustrating the final regulations’ requirements for outcome-based wellness programs.13 Fixed Indemnity Insurance Fixed indemnity insurance provided under a group health plan meeting the conditions outlined in the Departments' regulations14 is an excepted benefit under PHS Act section 2791(c)(3)(B), ERISA section 733(c)(3)(B), and Code section 9832(c)(3)(B).

Related to Fixed indemnity insurance

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Property Insurance is defined in Section 6.10(a).

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Casualty insurance means liability insurance.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

  • Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • Blanket insurance policy means a group policy covering a defined class of

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;