Overall Lifetime Limit definition

Overall Lifetime Limit means the maximum aggregate amount of cover under all policies of “Tycoon Medical Insurance Plan” an Insured is entitled to during his lifetime, regardless of whether those policies are terminated, in force or have expired. Such overall lifetime limit is specified in the Schedule of Benefits.
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Overall Lifetime Limit means the maximum amount payable in the lifetime of the Insured Person. Once the Lifetime Limit is reached, the policy is automatically terminated. Renewal / Reinstatement of the policy is no longer allowed. RELATING TO MEDICAL SUPPLIES 1. DAY-SURGERY shall mean a patient who needs the use of a recovery facility for a surgical procedure on a pre-plan basis at the hospital/ specialist clinic (but not for overnight stay). 2. HOSPITAL shall mean only an establishment duly constituted and registered as a hospital for the care and treatment of sick and injured persons as paying bed-patients, and which:-
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Overall Lifetime Limit means the total accumulated benefit payable from the original Policy date shall not exceed the lifetime benefit limit as stated in the Schedule of Benefits attached hereto and is the maximum limit of liability to the Insured Person.
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Examples of Overall Lifetime Limit in a sentence

  • In addition to the sub-limits and Overall Maximum Limit of the Policy, an Insured Person aged 70 or above is subject to an Overall Lifetime Limit as shown in the Table of Benefits.

  • Upon termination of the Basic Policy, this rider will be terminated.2. What are the covers / benefits provided?The benefits offered are specified in the schedule below and are subject to the Overall Annual Limit and Overall Lifetime Limit of the plan purchased.

  • The Overall Lifetime Limit is the maximum amount recoverable under the Policy as a whole by an Insured Person for the lifetime counted from Age 70.

  • The liability of the Company shall commence once the selected Deductible amount has been exhausted and shall not exceed the Overall Annual Limit and Overall Lifetime Limit set out in the Schedule of Benefits for any one period of insurance for any one Insured Person.

  • The minor roadside repairs are also subject to the availability of parts and component at the time of the breakdown.Overall Lifetime Limit NoBenefit LimitsPlan 100Plan 150Plan 200Plan 250Plan 300Plan 400Plan 500Overall Lifetime Limit (Item 1 to17) per insured200,000 The total amount of benefits payable under the Schedule of Benefits and any attaching value added benefit to each Insured Person from the Policy Date shall not exceed the Overall Lifetime Limit as stated in the Schedule of Benefits.

  • Overall Lifetime Limit per person for Plan A (RM1 Million), Plan B (RM1.5 Million) and Plan C (RM2 Million).

  • The liability of the Company shall commence once the selected Deductible amount has been exhausted and shall not exceed the Overall Annual Limit and Overall Lifetime Limit set out In the Schedule of Benefits for any one period of insurance for any one Insured Person.

  • The cover under the Policy shall terminate automatically when the Overall Lifetime Limit has been used up.If Benefits are properly claimable after the date of termination or non- renewal of the Policy, the amounts payable shall be calculated as if covered expenses had been incurred wholly during the preceding Period of Insurance.

  • The amount deducted shall be made payable to the Local Union in whose jurisdiction the employee is employed and shall be transmitted monthly on contribution forms supplied to the individual employer by the Union.

  • The benefits offered are specified in the schedule below and are subject to the Overall Annual Limit and Overall Lifetime Limit of the plan purchased.


More Definitions of Overall Lifetime Limit

Overall Lifetime Limit means the maximum amount payable in the lifetime of the Insured Person. Once the Lifetime Limit is reached, the policy is automatically terminated. Renewal / Reinstatement of the policy is no longer allowed.
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Overall Lifetime Limit means the triple of the Overall Annual Limit for the Insured Person Plan Type as stated in the Schedule of Benefits attached hereto and is the maximum limit of liability to the Insured PersonRELATING TO MEDICAL SUPPLIERS1. Day SurgeryA patient who needs the use of a recovery facility for a surgical procedure on a pre-plan basis at the hospital/ specialist clinic (but not for overnight stay).2. Hospital shall mean only an establishment duly constituted and registered as a hospital for the care and treatment of sick and injured persons as paying bed-patients, and which:-
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Related to Overall Lifetime Limit

  • Lifetime limit means once you’ve reached this benefit limit you can no longer claim that benefit in any future year of membership, even if you change your cover.

  • Lifetime means the time period over which Energy Savings will be delivered and for the purposes of Schedules B, C, D, E, and G are for reference only, as the relevant time period is already taken into account in the savings factors in those Schedules.

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Lifetime Rate Cap The provision of each Mortgage Note related to an Adjustable Rate Mortgage Loan which provides for an absolute maximum Mortgage Interest Rate thereunder. The Mortgage Interest Rate during the terms of each Adjustable Rate Mortgage Loan shall not at any time exceed the Mortgage Interest Rate at the time of origination of such Adjustable Rate Mortgage Loan by more than the amount per annum set forth on the related Mortgage Loan Schedule.

  • Average daily membership means the total enrollment of

  • Maximum Daily Starts means the maximum number of times that a generating unit can be started in an Operating Day under normal operating conditions.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Extended benefit period means a period which:

  • Life expectancy means life expectancy as computed by use of the Single Life Table in Section 1.401(a)(9)-9 of the Treasury regulations.

  • Academic year means the period of twelve months beginning on 1st January, 1st April, 1st July or 1st September according to whether the course in question begins in the winter, the spring, the summer or the autumn respectively but if students are required to begin attending the course during August or September and to continue attending through the autumn, the academic year of the course is to be considered to begin in the autumn rather than the summer;

  • Maximum allowable residential density means the density allowed under the zoning ordinance and land use element of the general plan, or if a range of density is permitted, means the maximum allowable density for the specific zoning range and land use element of the general plan applicable to the project. Where the density allowed under the zoning ordinance is inconsistent with the density allowed under the land use element of the general plan, the general plan density shall prevail.

  • Extended family member means an adult who is a grandparent, brother, sister, stepbrother, stepsister, uncle, aunt, or first cousin with whom the child has a relationship and is comfortable, and who is willing and available to care for the child.

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

  • Qualifying Time Period means the period defined in Section 2.3.C, during which the Applicant shall make investment on the Land where the Qualified Property is located in the amount required by the Act, the Comptroller’s Rules, and this Agreement.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31, except that the first Calendar Year of the Term shall commence on the Effective Date and end on December 31 of the year in which the Effective Date occurs and the last Calendar Year of the Term shall commence on January 1 of the year in which the Term ends and end on the last day of the Term.

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Annuity Starting Date means, with respect to any Participant, the first day of the first period for which an amount is paid as an annuity, or, in the case of a benefit not payable in the form of an annuity, the first day on which all events have occurred which entitles the Participant to such benefit.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Special Enrollment Period means a period of time allowed under this Plan, other than the eligible person’s Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Certification period means the period for which an individual is certified eligible for a program.