Insurance year definition

Insurance year. – means each twelve month period from your Membership Commencement Date or Membership Start Date.

Insurance year means the period of fifty-two or fifty-three contribution weeks commencing on the first day of the contribution week first following the 31st day of December of each year and ending on the last day of the contribution week occurring on the 31st day of December next following, provided that if such day is not the last day of contribution week then on the first following last day of a contribution week ;

Insurance year means the Calendar Year.

Examples of Insurance year in a sentence

• It is the amount payable by the Member and each of their Dependents covered under the plan which is deducted from the sum to be reimbursed, applicable per person and per Insurance year.

• In case of termination during an Insurance year, the portion of the premium for the remaining period is refunded to the Insured member if it is collected in advance.

• If a registered letter is sent, any termination notice period (except in the case of 7.11.3.1 “By the Insurer”, first bullet point) will run from the date shown on the postmark.In case of termination during an Insurance year, the portion of the premium for the remaining period is refunded to the Insured member if it is collected in advance.

• The Deductible is the amount any Insured member must pay towards their medical expenses, per Insurance year, before we can begin to reimburse them.

• In addition, for the 2019 Insurance year (Jan-Dec), the Board will deposit a one-time deposit of $500 into the employee’s pre-opened Health Savings Account (HSA) for choosing Option 3- High Deductible Plan by January 2019.

More Definitions of Insurance year

Insurance year means the periodfrom January 1 through December 31;

Insurance year means the period from January 1 through December 31.

Insurance year means with respect to each Credit Insurance Contract, the yearly period with respect to which losses are determined pursuant to such Credit Insurance Contract.

Insurance year means a period of twelve months starting on an anniversary of the issue of the Completion Certificate, with the exception of the first Insurance Year which shall be a period of twelve months starting on the issue of the Completion Certificate and the last Insurance Year which shall commence on the last anniversary of the issue of the Completion Certificate to occur prior to the Termination Date and shall end on the Termination Date.

Insurance year means July 1 to June 30 of the following year.

Insurance year means a calendar year period, from January 1 through December 31;

Insurance year means a period of 12 (twelve) consecutive uninterrupted calendar months, the first insurance year commencing on the Effective Date and ending 12 (twelve) months thereafter on the basis that subsequent insurance years will commence on the first day after the expiry of the previous insurance year;