Maximum Benefits definition

Maximum Benefits means the total benefits which may accrue to a Member and his Dependants in terms of these Rules for the financial year;
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Maximum Benefits means the maximum benefits allowed under this Policy as set out in the Policy Schedule.
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Maximum Benefits means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.
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Examples of Maximum Benefits in a sentence

  • Provided that treatment by a qualified, licensed Physician begins within 60 days from the date of Injury, benefits will be paid for Covered Medical Expenses incurred within 52 weeks from the date of Injury up to the Maximum Benefit per service as shown below.SCHEDULE OF BENEFITS: Maximum Benefits Paid As Specified Below.

  • If the insured damages or breaks their artificial limb, artificial eye and/or hearing aid due to an accident, we cover up to the amount stated in the Schedule of Maximum Benefits to fix or replace it.

  • If the insured is injured due to an accident, and a legally qualified chiropractor, osteopath, physiotherapist, athletic therapist or registered nurse begins treating the insured’s injury within 30 days, we pay up to a maximum of $100 per visit up to the amount stated in the Schedule of Maximum Benefits for all providers.

  • We cover up to the amount stated in the Schedule of Maximum Benefits, including $150 a day hotel and meals if the training is located more than 160 km from where the insured lives.

  • If the insured is injured due to an accident and a physician recommends special protective clothing, we cover the cost up to the amount stated in the Schedule of Maximum Benefits.

  • If the insured dies, loses a limb or the use of a limb, loses their sight, hearing or speech or are diagnosed with a Critical Illness and the insured’s physician recommends counselling for the insured, the insured’s parents, legal guardian and/or siblings, we cover up to the amount stated in the Schedule of Maximum Benefits for the services of a licensed psychologist.

  • If the insured is a patient in a hospital due to an accident and the attending physician recommends that the insured’s parent or legal guardian be with the insured, we cover the expense for them to travel on a common carrier up to the amount stated in the Schedule of Maximum Benefits.

  • If the insured is injured due to an accident and requires crutches, splints, an orthotic truss, a brace, prescription drugs, any type of cast or the rental of a wheelchair or hospital-type bed due to the accident, we cover up to the amount stated in the Schedule of Maximum Benefits.

  • If the insured is injured due to an accident and a physician prescribes an artificial limb, artificial eye and/or hearing aid, we cover the purchase of the device within 3 years after the accident, up to the amount stated in the Schedule of Maximum Benefits.

  • If the insured is injured due to an accident and within one (1) year needs specialized treatment that is located more than 160 km from where the insured lives, we cover their travel expenses up to the amount stated in the Schedule of Maximum Benefits.


More Definitions of Maximum Benefits

Maximum Benefits means a maximum of Four Hundred Seventy-Nine Thousand Three Hundred Sixty-Four dollars ($479,364.00) that Defendants may become obligated to pay by operation of the Settlement Agreement if the settlement gains Final Approval, in the form of Gift Certificates, as defined in Section 2.35, to all Class Members who make a valid claim. Separate and apart from the class settlement fund Defendants shall pay the following amounts: (1) All Settlement Administration Costs, including notice, estimated in the amount of $35,000; (2) Attorneys’ fees to Class Counsel in an amount to be determined by the Court but not to exceed $119,841.00; (3) An incentive/service award to Class Representative in an amount to be determined by the Court but not to exceed $5,000.00; and (4) Litigation costs incurred by Class Counsel, and approved by the Court, not to exceed $12,500.00. The amount of $50,000.00 will be placed into an Interest Bearing Escrow Account (the “Account”) within ten (10) days of the Court granting preliminary approval. The monies deposited by Defendants into the Account shall be regarded as security for the amounts identified above, and do not represent separate or additional costs to be paid by either Defendant. Any interest on the account will revert to Defendants.
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Maximum Benefits means the maximum disability benefits under Covered Policies in force at the Effective Date or issued during the Term (inclusive of any future increases in benefits permitted under the terms of any Covered Policy), as set forth in Appendix A hereto.
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Maximum Benefits means the employment benefits which are highest of: (i)the voluntary retirement scheme as provided by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India, under the Office Memorandum “Consolidated Guidelines
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Related to Maximum Benefits

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, but subject to any deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained at the target level (reduced, but not below zero, by amounts paid under all such contingent bonus or incentive compensation awards upon the Change in Control of the Company to the extent such amounts relate to the same period of time); and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs, unless the Executive’s Separation from Service is due to death, in which event such payment shall be made within 90 days of the date of Executive’s death.

  • Extended benefits means benefits, including benefits payable to federal civilian employees and to ex-servicemen under 5 U.S.C. Chapter 85, payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Fringe benefits means the amount of:

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Vested Benefits means amounts which are vested or which Executive is otherwise entitled to receive under the terms of or in accordance with any plan, policy, practice or program of, or any contract or agreement with, the Company or any of its subsidiaries, at or subsequent to the date of his termination without regard to the performance by Executive of further services or the resolution of a contingency.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Severance Amount means (A) for any Termination other than during a Covered Period, an amount equal to one hundred percent (100%) of Executive’s then-current Annual Base Salary as of the respective Termination; or (B) for a Termination during a Covered Period, an amount equal to two hundred percent (200%) of Executive’s Base Compensation as of the respective Termination.

  • Change in Control Benefits means the following benefits:

  • Accrued Benefit have the meanings specified in ERISA.

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Employment benefits means all benefits provided or made

  • Lifetime Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder cumulatively since the inception of these Terms and Benefits, irrespective whether any limits of any benefit items stated in the Benefit Schedule have been reached or whether the Annual Benefit Limit in a Policy Year has been reached.

  • Disability allowance means monthly payments during

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • SERP Benefit means the benefit described in Section 5.1.