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Life Cover definition

Life Cover means, the coverage granted by us for payment of the Death Benefit referred to in the section 4 of this Schedule, in the event of death of the Insured Member while the Policy is in force;
Life Cover means, the insurance coverage effected by the Company on the life of the Life Insured during the Policy Term.
Life Cover means, the insurance coverage effected by the Company on the life of the Life Insured during the Policy Term. Unless specifically mentioned, this also means cover, coverage or basic cover

Examples of Life Cover in a sentence

  • Life Cover Life Cover can provide financial security for your loved ones when you no longer can.

  • Insurance [X] We will advise and provide you with a personal recommendation after we have assessed your needs for non-investment insurance products including Life Cover, Critical Illness Cover, Income Protection Insurance, Accident, Sickness and Unemployment Cover, Business Protection Insurance and Family Income Benefit.

  • For all covers except Life Cover, we will restrict claims to certain parts of the world.

  • Insurance [X] We offer products from a range of insurers for non-investment insurance products including Life Cover, Critical Illness Cover, Income Protection Insurance, Accident, Sickness and Unemployment Cover (ASU), Family Income Benefit, Buildings Insurance and Contents Insurance.

  • Life Cover relieves you of the inheritance tax liability for the first two years of your investment.

  • If the Life Insured meets this definition, a lump sum equal to the Sum Insured will be paid to the Trustee under the Superannuation Life Cover Plan.

  • If an Investor withdraws some or all of their Subscription before the second anniversary of the Investment Date, the Life Cover policy will not apply in respect of any sum withdrawn.

  • The Life Cover policy only covers Investors up to (but not including) their 85th birthday on the Investment Date.

  • B1 Life CoverThis applies to you if Life Cover is shown on your cover summary.

  • The payment of the proceeds of the Life Cover policy may be liable to IHT if they exceed an available nil rate band (currently £325,000, and independent from the personal nil rate band).


More Definitions of Life Cover

Life Cover means the cover provided against the risk of death to the Member/s under this Policy and shall be deemed to commence on the Entry Date Date of Commencement of Risk of the respective Member/s.

Related to Life Cover

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • 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:

  • life policy means a contract in terms of which a person, in return for a premium, undertakes to -

  • Face covering means a tightly woven fabric or non-woven material with no visible holes or openings, which covers the nose and mouth.

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Life Assured means the person named as the Life Assured in the Schedule whose life is assured under this Policy.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Claims-made coverage means an insurance contract or provision limiting

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Lot coverage means the percentage of lot area covered by all buildings on the lot;

  • Long-term disability insurance or "LTD insurance" means employ- er-paid long-term disability insurance and employee-paid long-term disability insurance offered by the PEBB program.

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Credit life insurance means insurance on the life of a debtor in connection with

  • life cycle means all consecutive and/or interlinked stages, including research and development to be carried out, production, trading and its conditions, transport, use and maintenance, throughout the existence of the product or the works or the provision of the service, from raw material acquisition or generation of resources to disposal, clearance and end of service or utilisation;

  • Life sciences means science for the examination or understanding of life or life processes, including, but not limited to, all of the following:

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • The Coverage Period means the Days of the Week and the hours of those Days during which maintenance, operational, and/ or technical support services (if any) must be available.