Restoration of Benefits definition

Restoration of Benefits means the provision of SNAP benefits that are owed to a household that received less SNAP benefits than it was entitled to receive during the month pursuant to 921 KAR 3:050, Section 10.
Restoration of Benefits means an LTC insurance policy feature under which the policy’s Maximum Benefit Period will restore to the original Maximum Benefit Period after receiving some or all claim benefits if the policyholder does not need or receive care during a specified period of time (such as 180 days).
Restoration of Benefits means a LTC insurance policy feature under which the Maximum Benefit Period for a policyholder who has received benefits will be restored to the original Maximum Benefit Period after receiving some or all claim benefits if the policyholder does not need or receive care during a specified period of time (such as 180 days).

Examples of Restoration of Benefits in a sentence

  • The Restoration of Benefits provision does not apply to the Shared Maximum Benefit.

  • The Elimination Period and Restoration of Benefits provisions do not apply to this benefit.

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  • The Elimination Period and Restoration of Benefits provisions do not apply to this benefit.OPTIONAL BENEFIT RIDERS NONFORFEITURE BENEFIT RIDER 216P(02)If this rider is attached to the policy and the policy lapses for non-payment of premium after the third year, you are eligible for a nonforfeiture benefit in the form of a reduced paid up benefit.

  • However, the Restoration of Benefits provision cannot extend the benefit period beyond the newly shortened Maximum Benefit Period.

  • The Elimination Period and Restoration of Benefits provisions do not apply to this benefit.C. Monitoring Equipment BenefitThe charges incurred per month, not to exceed 5% of the Maximum Monthly Benefit, for the rental or lease of an emergency medical response system or medication monitoring or dispensing equipment.

  • At issue, the insured had the option of selecting the following riders: Nonforfeiture Coverage Rider, Return of Premium Rider, Restoration of Benefits Rider, Shared Care Rider, Home Care Elimination Period Waiver Rider (except LTC2-PREM), Indemnity Rider (LTC2-VAL only), Calendar Day Elimination Period Rider (except LTC2-FAC and LTC2-PREM), Ten Year Premium Payment Rider, (except LTC2-FAC and LTC2-PREM), Paid-up Rider, Double Pay First Year Rider or Reduced Pay at 65 Rider.

  • If the optional Restoration of Benefits Rider is attached to Your Policy, Your Policy Limit will only be restored to the extent that You have accessed benefits under Your Policy subject to the provisions of the Restoration of Benefits Rider.

  • Restoration of Benefits and Position at the Conclusion of Leave: The employee on family or medical leave is not entitles to the accrual of any seniority or employment benefits during any period of leave except as expressly stated herein or as provided by law.

  • We will not waive premium under Your Policy because Your Partner is receiving benefits.RESTORATION OF BENEFITS Restoration of Benefits The optional Restoration of Benefit Rider does not extend to this Rider.

Related to Restoration of Benefits

  • 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.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Societal benefits charge means a charge imposed by an electric