Product Benefits Table definition

Product Benefits Table means the Product Benefits Table issued by Us and accompanying this Policy which specifies the Plan applicable, the Benefits available to the Insured Persons and any sub-limits applicable to each Benefit.
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Examples of Product Benefits Table in a sentence

  • Note: The following benefits shall be available only if the Insured Person is eligible to receive the benefits as per the Insured Person’s Plan in the Product Benefits Table and as specified in the Schedule of Insurance Certificate in the Policy Year preceding the current Policy.

  • The following optional benefits shall apply under the Policy as per the plan in the Product Benefits Table and as specified in the Schedule of Insurance Certificate and shall apply to all Insured Persons only if such optional benefits are selected by You.

  • If the Insured Person is admitted in the Hospital in a room category/Room Rent higher than the eligibility as specified in the Product Benefits Table, then We shall be liable to pay only a pro-rated proportion of the total Associated Medical Expenses (including surcharge or taxes thereon) in the proportion of the difference between the Room Rent actually incurred and the entitled room category/eligible Room Rent to the Room Rent actually incurred.

  • The following claim cost sharing options shall apply under the Policy as per the plan in the Product Benefits Table and as specified in the Schedule of Insurance Certificate and shall apply to all Insured Persons only if such options are selected by You.

  • The following benefits shall be available within the Policy Period only if the Insured Person is eligible to receive the benefits as per the Insured Person’s Plan in the Product Benefits Table and as specified in the Schedule of Insurance Certificate.

  • Additional Benefits will be payable subject to the terms, conditions and exclusions of this Policy and the availability of the Sum Insured and subject always to any sub-limits in respect of that Additional Benefit as specified in the Product Benefits Table and any limits specified in the Product Benefits Table as applicable under the Plan in force for the Insured Person as specified in the Schedule of Insurance Certificate.

Related to Product Benefits Table

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.