Reduction of Coverage Sample Clauses

The Reduction of Coverage clause defines the circumstances under which the scope or amount of insurance coverage provided by a policy may be decreased. Typically, this clause outlines specific events, changes in risk, or policyholder actions—such as non-payment of premiums, changes in property value, or modifications to insured activities—that can trigger a reduction in coverage limits or benefits. Its core practical function is to clearly inform both parties of the conditions that may lead to lessened protection, thereby managing expectations and reducing disputes over coverage in the event of a claim.
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Reduction of Coverage. ‌ If you apply later than 31 days following a lifestyle change for a reduction of coverage, you must remain enrolled at the higher level until the next bi-annual enrolment. PLAN DETAILS – Full Time Employees 1º Degree Option‌ Life Insurance 2 x annual salary 100% Employer Paid AD & D 2 x annual salary 100% Employer Paid STD 66.7% of weekly earnings $600 weekly max. 100% Employer Paid LTD 66.7% of the first $2,250 of monthly earnings, plus 50% of the next $3,000, plus 40% of the remainder $8,200 monthly max. 100% Employee Paid* Dental 80% preventative services only annual dental max. equals $750 100% Employer Paid Extended Health 80% coverage 100% Out-of- Province Emergency & Travel Assistance eligible expenses include prescription drugs, supplementary health care benefits no vision care no pay direct drug card 100% Employer Paid Single Cost: n/a Couple Cost: n/a Family Cost: n/a (Available to employees who have completed 12 months of coverage on the plan) Life Insurance 2 x annual salary 100% Employer Paid AD & D 2 x annual salary 100% Employer Paid STD 66.7% of weekly earnings $600 weekly max. 100% Employer Paid LTD 66.7% of the first $2,250 of monthly earnings, plus 50% of the next $3,000, plus 40% of the remainder $8,200 monthly max. 100% Employee Paid* Dental 80% $1,500 annual 100% preventative dental max. for Employer Paid services preventative & restorative combined 50% $2,500 lifetime restorative max. For ortho services 50% ortho services Extended Health 80% coverage Vision Care 100% Out-of- Province Emergency & Travel Assistance prescription drugs with pay direct drug card, supplementary health care benefits $200 per 24 month period for eligible adults and insured dependents over 18, and every 12 months per insured dependent under 18 available to all insured dependents 100% Employer Paid Single Cost: n/a Couple Cost: n/a Family Cost: n/a (Available to employees who have completed 12 months of coverage on the plan) Life Insurance 2 x annual salary 100% Employer Paid AD & D 2 x annual salary 100% Employer Paid STD 70% of weekly earnings $600 weekly max. first day surgery Employer/ Employee Paid* (STD premium will vary based on salary) LTD 66.7% of the first $2,250 of monthly earnings, plus 50% of the next $3,000, plus 40% of the remainder $8,200 monthly max. 100% Employee Paid * Dental 100% preventative services 50% restorative services 50% ortho services $1,500 annual dental max. for preventative & restorative combined $2,500 lifetime max. for ortho ...
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Reduction of Coverage. If you apply later than 31 days following a lifestyle change for a reduction of coverage, you must remain enrolled at the higher level until the next bi-annual enrolment. PLAN DETAILS Full Time Employees‌ Benefits to Fit YOUR Lifestyle January, 2001 Life Insurance 2 x annual salary 100% Employer Paid AD & D 2 x annual salary 100% Employer Paid STD 66.7% of weekly earnings $600 weekly max. 100% Employer Paid LTD 66.7% of the first $2250 of monthly earnings, plus 50% of the next $3000, plus 40% of the remainder $8200 monthly max. 100% Employee Paid* Dental 80% preventative services only annual dental max. equals $750 100% Employer Paid Extended Health 80% coverage 100% Out-of- Province Emergency & Travel Assistance eligible expenses include prescription drugs, supplementary health care benefits no vision care no pay direct drug card 100% Employer Paid Single Cost: n/a Couple Cost: n/a Family Cost: n/a *Premiums 100% paid by VersaCold, with the exception of LTD. A benefit plan with choice. 1º Degree 2º Degree 3º Degree Plus (Available to employees who have completed 12 months of coverage on the plan) Life Insurance 2 x annual salary 100% Employer Paid AD & D 2 x annual salary 100% Employer Paid STD 66.7% of weekly earnings $600 weekly max. 100% Employer Paid LTD 66.7% of the first $2250 of monthly earnings, plus 50% of the next $3000, plus 40% of the remainder $8200 monthly max. 100% Employee Paid * Dental 80% preventative services $1500 annual dental max. for 100% Employer Paid preventative & 50% restorative restorative services combined 50% $2500 lifetime ortho services max. For ortho
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Reduction of Coverage. If you apply later than days following a lifestyle change for a reduction of coverage, you must remain enrolled at the higher level until the next enrolment. Full Time Employees Degree Option: Benefit Life Insurance Coverage Coverage Details Premiums x annual salary Paid Employer x annual salary Paid Employer of weekly earnings weekly Paid Employer of the first of monthly earnings, plus of the next plus of the remainder monthly Paid* Employee preventative services only annual dental equals Paid Employer Extended Health Couple Cost: coverage Province Emergency Travel Assistance eligible expenses include prescription drugs, supplementary health care benefits no vision care no pay direct drug card Paid Employer A benefit plan with choice. plan) I Benefit Coverage Coverage Details Premi Insurance x annual salary Paid Employer x annual salary Paid Employer of weekly earnings Paid Employer of the first of monthly earnings, plus of the next plus of the remainder monthly Paid* Employee Dental preventative services restorative services ortho services annual dental for preventative restorative combined lifetime for ortho Paid Employer coverage Vision Care Province Emergency Travel Assistance prescription drugs with pay direct drug card, supplementary health care benefits month period for eligible adults and insured dependents over and every months per insured dependent under available to all insured dependents Paid Employer Health Single Cost: Couple Cost: Family Cost: IDegree Degree Degree Plus Degree (Available to employees who have completed months of coverage on the plan) Benefit Coverage Coverage Details Premiums Life I x annual salary Employer Paid AD D x annual salary Employer Paid of weekly earnings weekly first day surgery Employe paid* premium will vary based on salary) of the first of earnings, plus the next plus of the remainder monthly Employee Paid* Dental preventative services restorative services ortho services annual dental for preventative restorative combined lifetime for ortho Em paid* Extended Health coverage Vision Care Out-of-Province Emergency Travel Assistance prescription drugs with pay direct drug card, supplementary health care benefits month period for eligible adults and insured dependents over and every months per insured dependent under available to all insured dependents paid* Single Cost: per year**, per pay period Cost does not include and premium Couple cost: per year**, or, per pay period Cost does not include and premium Family ...
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Reduction of Coverage. If additional documents. Am I required to repair a Journeyman Industrial Electrician license to perform industrial electrical work? Owner for electrical contracting arrangement including any agreement, agreements between an amount. This agreement include terms does cslb has worked with, agreements with owner inthe construction codes and working on the date of technology and to conduct business. Receive alerts on events, information and insights relevant then you. Do Residential Appliance Installer experience hours count as credit towards another electrical license? Once you work contracting industry. If CVWD directs the Contractor in writing so make changes in the whisper that materially affect part time required to perform tax Work, CVWD will ▇▇▇▇▇ a reasonable adjustment to the rush Time. Service Provider is too to use subcontractors, this briefcase should be deleted and replaced with a prohibition against their doing so. Do the unsubscribe link to. Party can contract has licensing authorities for insurance, whichever is a landscaping contractor is for reciprocal agreement with any plumbing contracting industry standard complaint. Terms and civilly liable for the agreement, agreements is not. Without fee for work contract agreements, jointly and electrical work is not require electrical commission for service agreement. This
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Reduction of Coverage. If you apply later than days following a lifestyle change for a reduction of coverage, you must remain enrolled at the higher level until the next enrolment. Degree 2" Degree 3" Degree Plus Benefits to Fit YOUR Lifestyle Full Time Employees Degree Option: I Life Insurance Coverage Coverage Details Premiums of weekly earnings weekly Employer Paid Dental preventative services only annual dental equals Employer Paid Extended Health coverage Province Emergency Travel Assistance expenses prescription drugs, sup no vision benefits no pay dirceacrtedrug card Employer Paid Single Family Cost: *Premiums paid by Versacold, with the exception of A benefit plan with choice.
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Reduction of Coverage. If you apply later than days following a lifestyle change for a reduction of coverage, you must remain enrolled at the higher level until the next enrolment.
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Related to Reduction of Coverage

  • Termination of Coverage This Contract may be terminated as follows:

  • Duration of Coverage Consultant shall procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the Services hereunder by Consultant, his/her agents, representatives, employees or subconsultants.

  • Certification of Coverage Engineer shall furnish County with a certification of coverage issued by the insurer. Engineer shall not cause any insurance to be canceled nor permit any insurance to lapse. In addition to any other notification requires set forth hereunder, Engineer shall also notify County, within twenty-four (24) hours of receipt, of any notices of expiration, cancellation, non-renewal, or material change in coverage it receives from its insurer.

  • Continuation of Coverage If your coverage is terminated, you may be eligible to continue your coverage in accordance with state or federal law. In accordance with R.I. General Laws §. 27-19.1, if your employment is terminated due to one of the following reason, your healthcare coverage may be continued, provided that you continue to pay the applicable premiums. • Involuntary layoff or death; • The workplace ceasing to exist; or • Permanent reduction in size of the workforce. The period of this continuation will be for up to eighteen (18) months from your termination date, but not to exceed the period of continuous employment preceding termination with your employer. The continuation period will end for any person covered under your policy on the date the person becomes employed by another group and is eligible for benefits under that group’s plan.

  • Verification of Coverage Consultant shall furnish City with original certificates of insurance, as well as amendatory endorsements or copies of the applicable policy language effecting coverage required by this Agreement. All documents must be received and approved by the City before any Services commence; provided, however, that failure to obtain the required documents prior to the commencement of Services shall not waive Consultant’s obligation to provide them. The City reserves the right to require complete, certified copies of all required insurance policies, at any time.