Co-Insurance Provision definition

Co-Insurance Provision means a provision set forth in the Insurance Program Documents which requires the insureds to participate for a specified percentage in claim settlements in addition to the self-insured retention.
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Examples of Co-Insurance Provision in a sentence

  • Specifications: Network Maximum Benefits Unlimited Deductibles $100/$200 Accumulation Period Calendar Year Co-Insurance Provision 80% 80% by the insurance carrier and 20% by the patient up to a yearly maximum out-of-pocket of $500 per individual or $1,000 for two or more family members.

  • Maximum Benefits Unlimited Deductible $100/Individual Accumulation Period Calendar Year Co-Insurance Provision 80% by insurance carrier; 20% by the patient up to a yearly out-of-pocket of $500/individual, $1,000/two or more family members.

  • Maximum Benefits Unlimited Deductible $100/Individual/$200/Family Accumulation Period Calendar Year Co-Insurance Provision 80% by Insurance Carrier; 20% by the patient up to a yearly out- of pocket of $500/Individual, $1000/Two or more family members.

Related to Co-Insurance Provision

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • D&O Insurance has the meaning set forth in Section 5.10(c).

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.