Scheme Cover definition
Examples of Scheme Cover in a sentence
The Member agrees that in the event of payment of any Claim under the Scheme Cover, the Trustee will be subrogated to the extent of such payment to all the rights of the Member against any person or other entity legally responsible for the Claim, and in such event, the Member must render to the Trustee or other agent appointed by the Trustee, all assistance, other than pecuniary, as is reasonably necessary to effect recovery.
A Claimant is entitled to submit invoices or receipts in respect of the Claim and the Trustee shall consider the Claim provided that the total amount of such receipts or invoices does not exceed the Scheme Cover Any One Event and/or the Scheme Cover Aggregate Limit.
A third party may include other Registered Training Organisations, non-registered training providers, recruitment agents or brokers, or employment/job services agencies THIRD PARTY FEEMeans any fee paid to a third party, including any airport pickup fee, accommodation placement fee, homestay fee, government examination fee, Overseas Student Health Scheme Cover fees, any costs relating to trade supplies and consumables and any cost-of-living expense paid to third parties specified in the Offer Letter.
At the Trustee’s discretion, the Trustee may pay expenses under the Scheme Cover.
Therefore, if a Claim is in excess of any applicable Individual Member’s Deductible/Waiting Period and the Scheme Cover or the time for lodging a Claim under the Scheme Cover has expired and the Insurance Cover component comes into effect, the Claim may not be covered under the Insurance Cover component as a result of the conditions and exclusions;A Member’s cover will cease after the expiry of the current Fund Period.
The Discretionary Trust Arrangement is a Managed Investment Scheme made up of two parts:The Scheme Cover; and The Insurance Cover.The Discretionary Trust Arrangement was established to help manage the Members’ risk of material loss of or damage to property; the consequential loss of profits; breakdown of plant, machinery and equipment; breakdown of computers and electronic equipment; material loss of or damage to motor vehicles and material damage to third parties property.
Should the Reinsurance Scheme Cover Northern NSW?6.1. The failures of the insurance market in Northern Australia justifying the Reinsurance Scheme are identical to those facing the Northern Rivers in the immediate aftermath of the 2022 floods.14 In my view, those failures are in fact worse in this region.
She advised that as the Proper Officer she had been required to sign the relevant documentation for the solicitors to commence this process.g) New Building Society Account/Bank Account to benefit from FSCS (Financial Services Compensation Scheme) Cover: The Clerk advised that Parish Councils are now covered under the FSCS for up to £85,000 in any one financial organisation.
However, the study found that, the shea nut business is in decline in the villages mainly because of the gradual destruction of the shea nut trees some years ago through farming activities and the consequent reduction in the access to shea nuts.
Group Scheme Cover BenefitsThis scheme operates in conjunction with CAOGA and provides significant benefits.