Waive coverage definition

Waive coverage means to formally opt-out of participation in the MSECP sections 4.01(a), 4.01(b), 4.01(c), 4.01(d), 4.01(e), and/or 4.01(g) in writing or online.
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Examples of Waive coverage in a sentence

  • Waive coverage if you or your dependent has other group medical coverage.

  • If the eligible employee electing to Waive coverage is a new employee to the School District, the employee shall receive cash compensation equal to twenty five percent (25%) of the School District’s cost fur the least expensive plan coverage to which the employee would have been entitled if the employee had not made the election.

  • You can choose from the following options: - $50,000 - 1 times your benefit salary (WELLPOINT PROVIDES THIS LEVEL OF COVERAGE AT NO COST TO YOU.) - 2 times your benefit salary - 3 times your benefit salary - 4 times your benefit salary - Waive coverage The maximum amount of coverage cannot exceed $1,000,000.

  • Waive coverage if you or your dependent has other group medical coverage or coverage through Covered CA.

  • Please note the minimum and maximum ranges.5. Select Elect or Waive radio button.6. If you select Elect, you will define how much you want to contribute for the year.2. If you Waive coverage, you don’t need to do anything else.3. Click Continue.

  • You can choose between the following life insurance options: - $50,000 - 1 times your benefit salary (WELLPOINT PROVIDES THIS LEVEL OF COVERAGE AT NO COST TO YOU.) - 2 times your benefit salary - 3 times your benefit salary - 4 times your benefit salary - Waive coverage Life insurance coverage is offered when you first become eligible without an Evidence of Insurability form.

  • ONLY IF YOU NEED TO:❑ Make changes to your current plan election.❑ Enroll yourself in a Health Plan, if you are not already participating.❑ Waive coverage, if you have coverage elsewhere.❑ Add eligible dependents (up to age 26).

  • If you choose to Waive coverage for yourself and your family, choose Waive as your coverage selection in Section 1.

Related to Waive coverage

  • Claims-made coverage means an insurance contract or provision limiting

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Property Insurance is defined in Section 6.10(a).

  • Casualty insurance means liability insurance.

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Life insurance means contracts that incorporate mortality risk, including annuity and pure endowment contracts, and as may be specified in the valuation manual.

  • The Coverage Period means the Days of the Week and the hours of those Days during which maintenance, operational, and/ or technical support services (if any) must be available.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Outline of coverage means a summary that explains an accident and health insurance policy.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Fraud Coverage During the period prior to the first anniversary of the Cut-Off Date, 2.00% of the aggregate principal balance of the Mortgage Loans as of the Cut-Off Date (the "Initial Fraud Coverage"), reduced by Fraud Losses allocated to the Certificates since the Cut-Off Date; during the period from the first anniversary of the Cut-Off Date to (but not including) the fifth anniversary of the Cut-Off Date, the amount of the Fraud Coverage on the most recent previous anniversary of the Cut-Off Date (calculated in accordance with the second sentence of this paragraph) reduced by Fraud Losses allocated to the Certificates since such anniversary; and during the period on and after the fifth anniversary of the Cut-Off Date, zero. On each anniversary of the Cut-Off Date, the Fraud Coverage shall be reduced to the lesser of (i) on the first, second, third and fourth anniversaries of the Cut-Off Date, 1.00% of the aggregate principal balance of the Mortgage Loans as of the Due Date in the preceding month and (ii) the excess of the Initial Fraud Coverage over cumulative Fraud Losses allocated to the Certificates since the Cut-Off Date. The Fraud Coverage may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Blanket insurance policy means a group policy covering a defined class of