Insurance Year definition

Insurance Year. – means each twelve month period from your Membership Commencement Date or Membership Start Date.
Insurance Year means the periodfrom January 1 through December 31;
Insurance Year means the Calendar Year.

Examples of Insurance Year in a sentence

  • All limits are per member, per Insurance Year, unless otherwise stated in your Table of Benefits.

  • If the feasibility study calculations indicate that the forecast cost of a completed development will exceed the net realisable value, then the inventories are impaired.

  • A change during the course of an insurance year in the composition of a Legal Practice which is a partnership will not constitute a new Legal Practice for purposes of this policy and would not entitle that Legal Practice to more than one limit of indemnity in respect of that Insurance Year.

  • These benefits provide for the reimbursement of actual expenses incurred subject to the overall annual limit per Insured per Insurance Year for: • Pregnancy Costs are reimbursed according to the type of Outpatient Treatment.

  • The maximum plan benefit, which applies to certain plans, is the maximum we will pay for all benefits in total, per member, per Insurance Year, under that particular plan.


More Definitions of Insurance Year

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 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 a calendar year period, from January 1 through December 31;
Insurance Year means the period from July 1 through June 30;
Insurance Year means July 1 to June 30 of the following year.
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.