Coverage Classification definition

Coverage Classification means the type of coverage elected by Participants (e.g., single, single plus one, or family).
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Coverage Classification means the type of coverage elected by AHP Participants and tier (e.g., single, single plus one, or family).
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Coverage Classification means the type of coverage elected by AHP Participants and the coverage tier (e.g., Employee, Employee plus Spouse, Employee plus Child(ren), or Employee plus Family).
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Examples of Coverage Classification in a sentence

  • The Policy Charge will be calculated based on the number of Subscribers in each Coverage Classification that we show in our records at the time of calculation.

  • We may make retroactive adjustments for any additions or terminations of Subscribers or changes in Coverage Classification that are not reflected in our records at the time we calculate the Policy Charge.

  • Exhibit 1 describes the way in which the Policy Charge is calculated.The Group is solely responsible for enrollment and Coverage Classification changes (including the end of a Covered Person's coverage) and for the timely payment of the Policy Charges.

  • The relationship between any Group and any Covered Person is that of employer and employee, Dependent, or any other category of Covered Person described in the Coverage Classifications shown in this Policy.The Group is solely responsible for enrollment and Coverage Classification changes (including the end of a Covered Person's coverage) and for the timely payment of the Policy Charges.

  • The Group must notify us in writing each month of any change in the Coverage Classification for any Subscriber.If premium taxes, guarantee or uninsured fund assessments, or other governmental charges relating to or calculated in regard to Premium are either imposed or increased, those charges will be added to the Premium at that time.

  • You must also notify Us in writing each month of any change in the Coverage Classification for any Participant.

  • The Enrolling Group must notify us in writing each month of any change in the Coverage Classification for any Subscriber.If premium taxes, guarantee or uninsured fund assessments, or other governmental charges relating to or calculated in regard to Premium are either imposed or increased, those charges will automatically be added to the Premium.

  • Coverage Classification - one of the categories of coverage described in Exhibit 2 for rating purposes (for example: Subscriber only, Subscriber and spouse, Subscriber and children, Subscriber and family).

  • The Participating Employer must also notify Us in writing each month of any change in the Coverage Classification for any Participant.

  • You should summarize the Plan’s eligibility rules for each Coverage Classification and attach that summary at the end of your Plan’s SPD where indicated.


More Definitions of Coverage Classification

Coverage Classification means the type of coverage elected by ACEC Plan Participants (e.g., single, single plus one, or family). “Eligible Employees” refers to employees or former employees of engineering firms that are ACEC member firms who have the right to enroll in coverage under the terms of Your SPD. “Eligible Employees and their Dependents” refers to employees or former employees of engineering firms that are ACEC member firms, as well as their spouses, children and other dependents as defined under the IRC, who have the right to enroll in coverage under the terms of Your SPD.
Sample 1
Coverage Classification means the type of coverage elected by Participants (e.g., single, single plus one, or family). “Eligible Employees” refers to employees or former employees of Participating Employers who have the right to enroll in coverage under the terms of the Plan. “Eligible Employees and their Dependents” refers to employees or former employees of Participating Employers, as well as their spouses, children and other dependents as defined under the IRC, who have the right to enroll in coverage under the terms of the Plan.
Sample 1

Related to Coverage Classification

  • Job Classification means an arrangement of tasks in an establishment or industry into a limited series of jobs or occupations, rated in terms of skill, responsibility, experience, training, and similar considerations, usually for wage setting purposes. This term, or job class, refers to a single cluster of jobs of approximately equal “worth.”

  • Classification means the identification of a position by reference to a classification title and pay range number.

  • film classification body means the person or persons designated as the authority under section 4 of the Video Recordings Act 1984 (c.39) (authority to determine suitability of video works for classification).

  • Classification Seniority is defined as the length of service in a specific job classification within the bargaining unit, beginning with the date an employee starts to serve a probationary appointment. Classification Seniority shall be interrupted only by separation because of resignation, discharge for just cause, failure to return upon expiration of a leave of absence, failure to respond to a recall from layoff, or retirement.

  • Classifications means the classifications contained in Schedule 1 to this Agreement.

  • Class C Coverage Tests means the Class C Interest Coverage Test and the Class C Par Value Test.

  • Classification plan means the orderly arrangement of positions within an agency into separate and distinct job families so that each job family will contain those positions which involve similar or comparable skills, duties and responsibilities [74:840 1.3].

  • Moody’s Industry Classification The industry classifications set forth in Schedule 2 hereto, as such industry classifications shall be updated at the option of the Collateral Manager if Moody’s publishes revised industry classifications.

  • Industry Classification Group means (a) any of the classification groups set forth in Schedule 1.01(c) hereto, together with any such classification groups that may be subsequently established by Xxxxx’x and provided by the Borrower to the Lenders, and (b) up to three additional industry group classifications established by the Borrower pursuant to Section 5.12.

  • S&P Industry Classification The S&P Industry Classifications set forth in Schedule 2 hereto, which industry classifications may be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

  • Class A/B Coverage Tests means the Class A/B Interest Coverage Test and the Class A/B Par Value Test.

  • Class D Coverage Tests means the Class D Interest Coverage Test and the Class D Par Value Test.

  • Interest Coverage Test means the Class A/B Interest Coverage Test, the Class C Interest Coverage Test, the Class D Interest Coverage Test and the Class E Interest Coverage Test.

  • Coverage Test means each of the Class A/B Par Value Test, the Class A/B Interest Coverage Test, the Class C Par Value Test, the Class C Interest Coverage Test, the Class D Par Value Test, the Class D Interest Coverage Test, the Class E Par Value Test and the Class E Interest Coverage Test.

  • Interest Coverage means as of the last day of any fiscal quarter, the quotient, expressed as a percentage (which may be in excess of 100%), determined by dividing EBITDA by Interest Expense; all of the foregoing calculated by reference to the immediately preceding four fiscal quarters of the Company ending on such date of determination.

  • International Classification means the Classification established under the Locarno Agreement Establishing an International Classification for Industrial Designs;

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

  • Class A/B Interest Coverage Test means the test which will apply as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date and which will be satisfied on such Measurement Date if the Class A/B Interest Coverage Ratio is at least equal to 120.0 per cent.

  • Approved Classification Society means, in relation to a Ship, a classification society which is a member of IACS (other than the China Classification Society and the Russian Maritime Registry of Shipping) and acceptable to the Agent;

  • Coverage Tests means each of the Overcollateralization Ratio Test and the Interest Coverage Ratio Test.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Asset Coverage Test is met if the Adjusted Aggregate Asset Amount (as defined below) shall be in an amount at least equal to the Canadian Dollar Equivalent of the aggregate Principal Amount Outstanding of the Covered Bonds as calculated on the relevant Calculation Date. For greater certainty, references in this Schedule to “immediately preceding Calculation Date” and “previous Calculation Date” are to the Calculation Period ending on the Calculation Date.

  • Class C Interest Coverage Test means the test which will apply as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date and which will be satisfied on such Measurement Date if the Class C Interest Coverage Ratio is at least equal to 110.0 per cent.

  • Level V Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status or Level IV Status.