Full Coverage Sample Clauses

Full Coverage. During the term of this Warranty, upon prompt written notice by the Building Owner as hereinafter provided, Simon Roofing will take appropriate action to repair leaks which may occur. Xxxxx will inspect the roof and, if a leak is within the coverage of this Warranty, will at its own expense make or cause to be made all necessary repairs to the Simon Roof Assembly to put it into watertight condition. Should investigation reveal that a leak is caused by something other than causes covered by this warranty, investigation and repair cost shall be assumed and paid by the Building Owner, who shall affect prompt and adequate repairs in a manner compatible with the Simon System. The Building Owner will be responsible for the removal or replacement of any traffic surfaces or other appurtenances built over the roof required in order to put the Roof Assembly in watertight condition.
Full Coverage i. If the Insured chooses Coverage based on no deductible, AFSC will only pay an Indemnity when the percentage of loss on an Insured Crop is equal to or exceeds ten percent. When the percentage of loss on an Insured Crop is equal to or exceeds ten percent, AFSC will pay the full percentage of loss. If the percentage of loss on an Insured Crop is calculated by AFSC to be equal to or in excess of 90 percent, the percentage of loss shall be deemed to be 100 percent.
Full Coverage. One immediate solution of (4.18) is yi = Li − xi = x0, for all i ∈ {1, . . . , n}, which yields full coverage for the participating agent types. The lowest participating type θ0 in the full-coverage scenario is determined by setting that agent’s insurance premium equal to his “certainty equivalent.” The latter corresponds to the agent’s compensating variation for the insurance contract, so necessarily x0 = C(L1 − x0, . . . , Ln − x0, θ0), which in turn implies that 0 0 L¯, if θ = 0, x = g(θ ) ≡ { ln(−r(θ0))/θ0, if θ0 ∈ (0, 1], i=1 where L¯ = ∑n piLi denotes the agent’s expected loss.20 The principal’s expected payoff under full coverage is V¯ (x; θ0) = (x0 − L¯)(1 − F (θ0)), so that the optimal participation threshold becomes the global solution of a scalar maximization problem on an interval (for details, see [18]): ∈ θ θ0∗ arg max 0∈[0,1] {(g(θ0) − L¯)(1 − F (θ0))} . As a result, the optimal (constant) schedule is x∗ = (x∗0, L1 − x∗1, . . . , Ln − x∗n), where x0∗ = g(θ0∗) and x = Li − x0∗ for i ∈ {1, . . . , n}. The full-coverage solution leads to no information revelation at all, as all the agent types are offered the same contract. This is also referred to as “bunching” [4]. Partial Coverage. Based on the available optimality conditions it may be possible to construct another solution to the optimal insurance problem, which involves at least partial information revelation. Indeed, for a given θ ∈ (0, 1], provided that µ = 0 and ϕ(θ) ≡ p0f (θ)/ψ0(θ) > 1/θ, there is a negative solution to (4.18), i.e., there exists a ζ = ζ(θ) < 0 such that ζ = (eθζ − 1) ϕ. (4.19) In this case, the solution ζ = x0 − yi = x0 + xi − Li < 0 is independent of i ∈ {1, . . . , n}. For ϕ(θ) ∈ [0, 1/θ], the only solution to (4.19) is ζ = 0, reverting back to the full-insurance regime (for that agent type θ). Because by the transversality condition (C1) it is ψ0(1) = 0 , this implies that for large enough agent types θ the principal may find it optimal to use partial coverage. We now continue to follow the solution algorithm outlined in Remark 3, via (3.1) and (3.9). Indeed, the law of motion in (3.1), together with x˙i = ζ˙ − x˙0 for all i ∈ {1, . . . , n}, implies that ζ˙ − x˙0 φi(x, θ) = − p0 = p0 . (4.20) i=1 ( ) ∑n x˙0 = φ(x, θ) · (x˙1, . . . , x˙n) = 1−p0 v(ζ, θ) ζ˙ p0 1−p0 ζ˙ eθζ + 1−p0 p 1 − 1−p0 v(ζ, θ) 19By the adjoint equation (C1), it is ψ0 = (1 − F )p0 and ψi = −(1 − F )pi on [θ0∗, 1] for all i ∈ {1, . . . , n}. (Thus, nontriviality (C5) holds.) Theorem 3 yields µ(θ) ...
Full Coverage. If the Insured chooses coverage based on no deductible, AFSC will only pay an Indemnity when the percentage of loss is equal to or exceeds ten percent. When the percentage of loss is equal to or exceeds ten percent, AFSC will pay the full percentage of loss. If the percentage of loss is calculated by AFSC to be equal to or in excess of 90 percent, the percentage of loss shall be deemed to be 100 percent.

Related to Full Coverage

  • All Coverages Each insurance policy required in this item shall be endorsed to state that coverage shall not be suspended, voided, cancelled, reduced in coverage or in limits except after thirty (30) days' prior written notice by certified mail, return receipt requested, has been given to the Town. Current certification of such insurance shall be kept on file at all times during the term of this agreement with the Town Clerk.

  • Individual Coverage If you have Individual Coverage, only your own health care expenses are cov­ ered, not the health care expenses of other members of your family. FAMILY COVERAGE Under Family Coverage, your health care expenses and those of your enrolled spouse and your (and/or your spouse's) enrolled children who are under the limit­ ing age specified in the BENEFIT HIGHLIGHTS section of this Certificate will be covered. All of the provisions of this Certificate that pertain to a spouse also apply to a party of a Civil Union unless specifically noted otherwise. “Child(ren)” used hereafter in this Certificate, means a natural child(ren), a step­ child(xxx), adopted child(xxx), xxxxxx child(xxx), a child(ren) for whom you are the legal guardian or a child(xxx) for whom you have received a court order requiring that you are financially responsible for providing coverage under 26 years of age. a child(xxx) who is in your custody under an interim court order prior to finaliza­ tion of adoption or placement of adoption vesting temporary care, whichever comes first, child(xxx) for whom you are the legal guardian under 26 years of age, regardless of presence or absence of a child's financial dependency, residency, student status, employment status, marital status, eligibility for other coverage or any combination of those factors. In addition, enrolled unmarried children will be covered up to the age of 30 if they: • Live within the service area of the Plan network for this Certificate; and • Have served as an active or reserve member of any branch of the Armed Forces of the United States; and • Have received a release or discharge other than a dishonorable discharge. Coverage for children will end on the last day of the calendar month in which the limiting age birthday falls. If you have Family Coverage, newborn children will be covered from the moment of birth. Please notify the Plan within 31 days of the birth so that your member­ ship records can be adjusted. Your Group Administrator can tell you how to submit the proper notice through the Plan. Children who are under your legal guardianship or who are in your custody under an interim court order prior to finalization of adoption or placement of adoption vesting temporary care, whichever comes first, and xxxxxx children will be cov­ ered. In addition, if you have children for whom you are required by court order to provide health care coverage, those children will be covered. Any children who are incapable of self‐sustaining employment and are dependent upon you or other care providers for lifetime care and supervision because of a disabled condition occurring prior to reaching the limiting age will be covered regardless of age as long as they were covered prior to reaching the limiting age specified in the BENEFIT HIGHLIGHTS section. This coverage does not include benefits for grandchildren (unless such children have been legally adopted or are under your legal guardianship). Coverage under this Certificate is contingent upon timely receipt by the Plan of necessary information and initial premium. MEDICARE ELIGIBLE COVERED PERSONS A series of federal laws collectively referred to as the ``Medicare Secondary Payer'' (MSP) laws regulate the manner in which certain employers may offer group health care coverage to Medicare eligible employees, spouses, and in some cases, dependent children. Reference to spouse under this section do not include a party to a Civil Union with the Eligible Person or their children. The statutory requirements and rules for MSP coverage vary depending on the basis for Medicare and employer group health plan (“GHP”) coverage, as well as certain other factors, including the size of the employers sponsoring the GHP. In general, Medicare pays secondary to the following:

  • Dental Coverage 206. Each employee covered by this agreement shall be eligible to participate in the City's dental program.

  • Dual Coverage A. Each employee and retiree may be covered only by a single County health (and/or dental) plan, including a CalPERS plan. For example, a County employee may be covered under a single County health and/or dental plan as either the primary insured or the dependent of another County employee or retiree, but not as both the primary insured and the dependent of another County employee or retiree.

  • TAIL COVERAGE If any of the required insurance is on a claims made basis and does not include an extended reporting period of at least 24 months, Grantee shall maintain either tail coverage or continuous claims made liability coverage, provided the effective date of the continuous claims made coverage is on or before the effective date of this Grant Agreement, for a minimum of 24 months following the later of (i) Grantee’s completion and Agency’s acceptance of all Services required under this Grant Agreement, or, (ii) Agency or Grantee termination of this Grant Agreement, or, iii) The expiration of all warranty periods provided under this Grant Agreement.

  • Medical Coverage The Executive shall be entitled to such continuation of health care coverage as is required under, and in accordance with, applicable law or otherwise provided in accordance with the Company’s policies. The Executive shall be notified in writing of the Executive’s rights to continue such coverage after the termination of the Executive’s employment pursuant to this Section 3(d)(iv), provided that the Executive timely complies with the conditions to continue such coverage. The Executive understands and acknowledges that the Executive is responsible to make all payments required for any such continued health care coverage that the Executive may choose to receive.

  • Product Coverage This Agreement shall apply to all manufactured products, - including capital goods, processed agricultural products, and those products failing outside the definition of agricultural products as set out in this Agreement. Agricultural products shall be excluded from the CEPT Scheme.

  • Optional Coverages If chosen by You, and shown as applicable on the Declarations Page, the following optional coverages apply separately to each Pet per Policy year. Some coverage options may be restricted by Pets age at time of sign-up. Defender/DefenderPlus We will reimburse You, if shown on the Declarations Page, for the Preventive Care listed below that Your Pet(s) receives from a licensed Veterinarian during the Policy period. Benefits will not exceed the Maximum Allowable Limits shown below. Coinsurance and Deductible requirements do not apply to Preventive Benefits. Our total liability of each Pet for each Policy Year is shown in the Maximum Allowable Limits. Benefit Schedule Maximum Allowable Limits Preventive Benefit Defender DefenderPlus Spay/Neuter or Teeth Cleaning $0 $150 Rabies Vaccine $15 $15 Flea/Tick/Heartworm Prevention $80 $95 Vaccination/Titer $30 $40 Wellness Exam $50 $50 Heartworm test or FELV (Feline Leukemia Virus) screen $25 $30 Blood, fecal, parasite exam $50 $70 Microchip $20 $40 Urinalysis or ERD Test (Early Renal Disease Test) $15 $25 Deworming $20 $20 *Benefits may be combined or separate up to the maximum allowable limit. SupportPlus Coverage We will reimburse You, if shown on the Declarations Page, for the cost of final expenses for necropsy, cremation and urns upon the death of each Pet covered for such costs incurred after the Waiting Period and during the Coverage Period up to a maximum benefit of three hundred dollars ($300) subject to the Annual Limit amount. Coinsurance and Deductible provisions do not apply to SupportPlus Coverage. ExamPlus Coverage We will reimburse You, if shown on the Declarations Page, for the Covered Expenses that occur during the Coverage Period subject to Policy limits and exclusion including, but not limited to, Coinsurance, Deductible and Annual Limit for physical examination; including costs and/or fees for telephone consultation; to diagnose a current covered Injury. This endorsement does not provide coverage for annual wellness office exams.

  • Coverage i) It is expected that both job sharers will cover each other's incidental illnesses. If, because of unavoidable circumstances, one cannot cover the other, the unit supervisor must be notified to book coverage. Job sharers are not required to cover for their partner in the case of prolonged or extended absences.

  • Optional Coverage No later than 30 days prior to the date established by the City, an employee in active service or who after that date retires on disability and under the age of 65 eligible for and taking base coverage, shall be eligible to apply for supplemental coverage effective January 1, 1994, at his/her option in increments of $1,000 to a maximum of 1.5 times his/her annual basic salary rounded to the next higher thousand dollars of earnings. This coverage shall be made available to eligible employees applying for supplemental coverage no later than 30 days prior to the date established by the City and annually thereafter during periods of open enrollment.

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